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2022
Exports $154kWorld Rnk 26 / 70
Flag Rnk 1177 / 1213
2022
Destination $40.5k Germany
2021 - 2022
FASTEST GROWING MARKET $40.5kGermany
2022
PRODUCT COMPLEXITY IN Non-Retail Animal Hair Yarn-0.28Rnk 639 / 1025
2022
Imports $5.75MWorld Rnk 23 / 117
Flag Rnk 1022 / 1214
2022
Origin $827k Germany
2021 - 2022
FASTEST GROWING ORIGIN $827kChina
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $154k in Non-Retail Animal Hair Yarn, making it the 26th largest exporter of Non-Retail Animal Hair Yarn in the world. At the same year, Non-Retail Animal Hair Yarn was the 1177th most exported product in Belgium. The main destination of Non-Retail Animal Hair Yarn exports from Belgium are: Germany ($43.1k), Italy ($28.9k), Ireland ($18.6k), Turkey ($15.6k), and Sweden ($13.8k).

The fastest growing export markets for Non-Retail Animal Hair Yarn of Belgium between 2021 and 2022 were Germany ($40.5k), Italy ($28.9k), and Ireland ($18.6k).

Imports In 2022, Belgium imported $5.75M in Non-Retail Animal Hair Yarn, becoming the 23rd largest importer of Non-Retail Animal Hair Yarn in the world. At the same year, Non-Retail Animal Hair Yarn was the 1022nd most imported product in Belgium. Belgium imports Non-Retail Animal Hair Yarn primarily from: Germany ($3.65M), China ($853k), Italy ($565k), Peru ($441k), and Bulgaria ($182k).

The fastest growing import markets in Non-Retail Animal Hair Yarn for Belgium between 2021 and 2022 were China ($827k), Germany ($102k), and United States ($8.05k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Non-Retail Animal Hair Yarn exports accounted up to €336 and imports accounted up to €136k, resulting in a negative trade balance of €136k. Between April 2023 and May 2024 the exports of Belgium's   Non-Retail Animal Hair Yarn have decreased by €-10.8k (-97%) from €11.2k to €336, while imports increased by €29.6k (27.8%) from €106k to €136k.

Destinations In May 2024, Non-Retail Animal Hair Yarn were exported mostly to China (€336), and were imported mostly from .

Growth In May 2024, the decrease in Non-Retail Animal Hair Yarn's year-by-year exports was explained primarily by a decrease in exports to . In April 2024, the increase in Non-Retail Animal Hair Yarn's year-by-year imports was explained primarily by an increase in imports from Germany (€230k or 99.2%) and Italy (€1.23k or 25.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - May 2024)€-10.8k(-97%)
IMPORT GROWTH (April 2023 - April 2024)€29.6k(27.8%)
MAIN DESTINATION (May 2024)China€336

This section shows Non-Retail Animal Hair Yarn'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 Non-Retail Animal Hair Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$154k
IMPORTS (2022)$5.75M
NET TRADE (2022)-$5.6M

In 2022, Belgium exported $154k in Non-Retail Animal Hair Yarn. The main destinations of Belgium exports on Non-Retail Animal Hair Yarn were Germany ($43.1k), Italy ($28.9k), Ireland ($18.6k), Turkey ($15.6k), and Sweden ($13.8k).

In 2022, Belgium imported $5.75M in Non-Retail Animal Hair Yarn, mainly from Germany ($3.65M), China ($853k), Italy ($565k), Peru ($441k), and Bulgaria ($182k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Animal Hair Yarn EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$40.5k (1.53k%)
Italy$28.9k (1%)
Ireland$18.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Animal Hair Yarn BY Belgium WERE (2021 - 2022):
Bosnia and Herzegovina-$53.6k (-99.2%)
Peru-$14.7k (-100%)
Lithuania-$12.5k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Non-Retail Animal Hair Yarn were:
China $401M
Italy $114M
Hong Kong $24.2M
In 2022, Belgium's main importing competitors in Non-Retail Animal Hair Yarn were:
Hong Kong $71.4M
Cambodia $62.7M
Vietnam $49.2M

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Trade Value of Non-Retail Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $37.6k
TOP IMPORT POTENTIALChina+ $330k

Non-Retail Animal Hair Yarn’s highest export potential is Germany. With an export gap of $37.6k.   Non-Retail Animal Hair Yarn’s highest import potential is China with an import gap of $330k.

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