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Pricing

2022
Exports $593MWorld Rnk 16 / 197
Flag Rnk 60 / 96
2022
Destination $16.5M France
2021 - 2022
FASTEST GROWING MARKET $16.5MTurkey
2022
PRODUCT COMPLEXITY IN Man-made filaments0.45Rnk 388 / 1025
2022
Imports $764MWorld Rnk 24 / 219
Flag Rnk 59 / 96
2022
Origin $15.5M China
2021 - 2022
FASTEST GROWING ORIGIN $15.5MChina
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $593M in Man-made filaments, making it the 16th largest exporter of Man-made filaments in the world. At the same year, Man-made filaments was the 60th most exported product in Belgium. The main destination of Man-made filaments exports from Belgium are: France ($88.6M), Netherlands ($78.3M), Germany ($61.9M), Turkey ($44.6M), and United Kingdom ($41.2M).

The fastest growing export markets for Man-made filaments of Belgium between 2021 and 2022 were Turkey ($16.5M), Brazil ($7.25M), and France ($6.37M).

Imports In 2022, Belgium imported $764M in Man-made filaments, becoming the 24th largest importer of Man-made filaments in the world. At the same year, Man-made filaments was the 59th most imported product in Belgium. Belgium imports Man-made filaments primarily from: China ($141M), Turkey ($123M), Italy ($77.1M), United States ($61.6M), and Germany ($57.5M).

The fastest growing import markets in Man-made filaments for Belgium between 2021 and 2022 were China ($15.5M), Italy ($5.63M), and United States ($4.13M).

COMPANIES In 2023, leading companies such as Continental Tire (7), Hyosung (3), and DuPont (2) were at the forefront of shipping Man-made filaments from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Man-made filaments exports accounted up to €10M and imports accounted up to €6.24M, resulting in a positive trade balance of €3.79M. Between May 2023 and May 2024 the exports of Belgium's   Man-made filaments have decreased by €-32.6M (-76.4%) from €42.6M to €10M, while imports decreased by €-50.3M (-89%) from €56.6M to €6.24M.

Destinations In May 2024, Man-made filaments were exported mostly to Armenia (€3.33M), China (€2.59M), Brazil (€1.64M), United Arab Emirates (€695k), and Argentina (€518k), and were imported mostly from China (€5.25M), United Arab Emirates (€763k), Czechia (€202k), Canada (€11.2k), and Bulgaria (€7.57k).

Growth In May 2024, the decrease in Man-made filaments's year-by-year exports was explained primarily by a decrease in exports to France (€-1.1M or -16.6%), United States (€-948k or -41.8%), and China (€-914k or -42.4%). In May 2024, the decrease in Man-made filaments's year-by-year imports was explained primarily by a decrease in imports from India (€-2.28M or -60.4%), Turkey (€-1.62M or -13.4%), and Italy (€-1.37M or -20.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-32.6M(-76.4%)
IMPORT GROWTH (May 2023 - May 2024)€-50.3M(-89%)
MAIN DESTINATION (May 2024)Armenia€3.33M

This section shows Man-made filaments'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 Man-made filaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$593M
IMPORTS (2022)$764M
NET TRADE (2022)-$171M

In 2022, Belgium exported $593M in Man-made filaments. The main destinations of Belgium exports on Man-made filaments were France ($88.6M), Netherlands ($78.3M), Germany ($61.9M), Turkey ($44.6M), and United Kingdom ($41.2M).

In 2022, Belgium imported $764M in Man-made filaments, mainly from China ($141M), Turkey ($123M), Italy ($77.1M), United States ($61.6M), and Germany ($57.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Man-made filaments EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Turkey$16.5M (58.5%)
Brazil$7.25M (104%)
France$6.37M (7.74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Man-made filaments BY Belgium WERE (2021 - 2022):
China-$16.4M (-51.5%)
United Kingdom-$9.78M (-19.2%)
Australia-$9.32M (-42.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Man-made filaments were:
China $26.2B
Chinese Taipei $2.71B
South Korea $2.62B
In 2022, Belgium's main importing competitors in Man-made filaments were:
Vietnam $4.31B
Turkey $2.69B
United States $2.67B

Explore Visualizations

Trade Value of Man-made filaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $38.1M
TOP IMPORT POTENTIALChina+ $40.2M

Man-made filaments’s highest export potential is Germany. With an export gap of $38.1M.   Man-made filaments’s highest import potential is China with an import gap of $40.2M.

See methodology.

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