Hemp Fibers in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $1.24M in Hemp Fibers, making it the 12th largest exporter of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1086th most exported product in Belgium. The main destination of Hemp Fibers exports from Belgium are: Spain ($247k), Turkey ($231k), China ($121k), Colombia ($114k), and France ($109k).

The fastest growing export markets for Hemp Fibers of Belgium between 2021 and 2022 were Colombia ($84k), Portugal ($62.9k), and Spain ($59.1k).

Imports In 2022, Belgium imported $1.92M in Hemp Fibers, becoming the 10th largest importer of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1122nd most imported product in Belgium. Belgium imports Hemp Fibers primarily from: Netherlands ($591k), France ($393k), Italy ($380k), Estonia ($294k), and Luxembourg ($116k).

The fastest growing import markets in Hemp Fibers for Belgium between 2021 and 2022 were Estonia ($294k), Luxembourg ($116k), and Poland ($37.7k).

Latest Trends

September 2024

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Overview In September 2024 Belgium's Hemp Fibers exports accounted up to €14k and imports accounted up to €45k, resulting in a negative trade balance of €31k. Between September 2023 and September 2024 the exports of Belgium's Hemp Fibers have decreased by €-246k (-94.6%) from €260k to €14k, while imports decreased by €-159k (-78%) from €204k to €45k.

Destinations In September 2024, Hemp Fibers were exported mostly to France (€9.1k), Netherlands (€3.73k), Czechia (€766), Germany (€160), and Luxembourg (€79), and were imported mostly from France (€22.5k), Netherlands (€20.6k), United Kingdom (€1.74k), Spain (€40), and Italy (€15).

Growth In September 2024, the decrease in Hemp Fibers's year-by-year exports was explained primarily by a decrease in exports to Spain (€-53.2k or -62.9%) and France (€-1.21k or -17.5%). In September 2024, the decrease in Hemp Fibers's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)€-246k(-94.6%)

IMPORT GROWTH (September 2023 - September 2024)€-159k(-78%)

MAIN DESTINATION (September 2024)France€9.1k

This section shows Hemp Fibers's exports and imports data at subnational level for Belgium. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hemp Fibers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.24M

IMPORTS (2022)$1.92M

NET TRADE (2022)-$680k

In 2022, Belgium exported $1.24M in Hemp Fibers. The main destinations of Belgium exports on Hemp Fibers were Spain ($247k), Turkey ($231k), China ($121k), Colombia ($114k), and France ($109k).

In 2022, Belgium imported $1.92M in Hemp Fibers, mainly from Netherlands ($591k), France ($393k), Italy ($380k), Estonia ($294k), and Luxembourg ($116k).

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