NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $128MWorld Rnk 11 / 160
Flag Rnk 395 / 1216
2023
Destination $4.99M Germany
2022 - 2023
FASTEST GROWING MARKET $4.99MIran
2023
PRODUCT COMPLEXITY IN Knitting Machine Accessories1.38Rnk 66 / 1025
2023
Imports $222MWorld Rnk 6 / 202
Flag Rnk 293 / 1213
2023
Origin $8.04M France
2022 - 2023
FASTEST GROWING ORIGIN $8.04MSweden
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $128M in Knitting Machine Accessories, making it the 11th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 395th most exported product in Belgium. The main destination of Knitting Machine Accessories exports from Belgium are: Germany ($19.9M), China ($16.9M), India ($10.3M), United States ($9.55M), and Iran ($8.37M).

The fastest growing export markets for Knitting Machine Accessories of Belgium between 2022 and 2023 were Iran ($4.99M), Turkey ($3.19M), and Vietnam ($2.87M).

Imports In 2023, Belgium imported $222M in Knitting Machine Accessories, becoming the 6th largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 293rd most imported product in Belgium. Belgium imports Knitting Machine Accessories primarily from: France ($62M), China ($36.8M), Sweden ($31.5M), Germany ($25.2M), and Italy ($20M).

The fastest growing import markets in Knitting Machine Accessories for Belgium between 2022 and 2023 were Sweden ($8.04M), Poland ($970k), and Tunisia ($584k).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Knitting Machine Accessories exports accounted up to €10.5M and imports accounted up to €15M, resulting in a negative trade balance of €4.47M. Between October 2023 and October 2024 the exports of Belgium's   Knitting Machine Accessories have increased by €1.42M (15.6%) from €9.12M to €10.5M, while imports increased by €2.79M (22.8%) from €12.2M to €15M.

Destinations In October 2024, Knitting Machine Accessories were exported mostly to China (€2.12M), Germany (€1.41M), Brazil (€721k), Egypt (€656k), and India (€574k), and were imported mostly from France (€4.89M), China (€3.12M), Germany (€1.45M), Sweden (€1.39M), and Italy (€1.27M).

Growth In October 2024, the increase in Knitting Machine Accessories's year-by-year exports was explained primarily by an increase in exports to India (€424k or 71.3%), France (€207k or 41.7%), and Brazil (€136k or 215%). In October 2024, the increase in Knitting Machine Accessories's year-by-year imports was explained primarily by an increase in imports from Sweden (€1.27M or 62.3%), Netherlands (€359k or 22.2%), and Tunisia (€218k or 35.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€1.42M(15.6%)
IMPORT GROWTH (October 2023 - October 2024)€2.79M(22.8%)
MAIN DESTINATION (October 2024)China€2.12M

This section shows Knitting Machine Accessories'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 Knitting Machine Accessories over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$128M
IMPORTS (2023)$222M
NET TRADE (2023)-$94M

In 2023, Belgium exported $128M in Knitting Machine Accessories. The main destinations of Belgium exports on Knitting Machine Accessories were Germany ($19.9M), China ($16.9M), India ($10.3M), United States ($9.55M), and Iran ($8.37M).

In 2023, Belgium imported $222M in Knitting Machine Accessories, mainly from France ($62M), China ($36.8M), Sweden ($31.5M), Germany ($25.2M), and Italy ($20M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Iran$4.99M (148%)
Turkey$3.19M (68.8%)
Vietnam$2.87M (238%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Belgium WERE (2022 - 2023):
India-$8M (-43.7%)
Italy-$2.56M (-42.2%)
Egypt-$1.16M (-29.6%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Knitting Machine Accessories were:
Germany $971M
China $813M
Czechia $360M
In 2023, Belgium's main importing competitors in Knitting Machine Accessories were:
China $821M
India $539M
Germany $429M

Explore Visualizations

Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.7M
TOP IMPORT POTENTIALGermany+ $17.3M

Knitting Machine Accessories’s highest export potential is Germany. With an export gap of $10.7M.   Knitting Machine Accessories’s highest import potential is Germany with an import gap of $17.3M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms