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2022
ExportsfalseWorld Rnk 36 / 60
Flag Rnk 1208 / 1213
2021 - 2022
FASTEST GROWING MARKET $3.71kFrance
2022
Origin $499k Portugal
2021 - 2022
FASTEST GROWING ORIGIN $499kPortugal
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $12.1k in Non-Retail Silk Yarn, making it the 36th largest exporter of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 1208th most exported product in Belgium. The main destination of Non-Retail Silk Yarn exports from Belgium are: France ($6.02k), Romania ($3.5k), Guatemala ($2.57k), Madagascar ($13), and United Kingdom ($2).

The fastest growing export markets for Non-Retail Silk Yarn of Belgium between 2021 and 2022 were France ($3.71k), Guatemala ($2.57k), and Madagascar ($13).

The fastest growing import markets in Non-Retail Silk Yarn for Belgium between 2021 and 2022 were Portugal ($499k), Germany ($18k), and Italy ($4.02k).

Latest Trends

March 2024

About

Overview In March 2024 Belgium's Non-Retail Silk Yarn exports accounted up to €1.6k and imports accounted up to €452, resulting in a positive trade balance of €1.14k. Between February 2023 and March 2024 the exports of Belgium's   Non-Retail Silk Yarn have decreased by €-2.33k (-59.4%) from €3.93k to €1.6k, while imports decreased by €-2.13k (-82.5%) from €2.58k to €452.

Destinations In March 2024, Non-Retail Silk Yarn were exported mostly to , and were imported mostly from China (€452).

Growth In March 2024, the decrease in Non-Retail Silk Yarn's year-by-year exports was explained primarily by a decrease in exports to Romania (€-912 or -79%). In May 2024, the decrease in Non-Retail Silk Yarn's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-7.38k or -75.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - March 2024)€-2.33k(-59.4%)
IMPORT GROWTH (May 2023 - May 2024)€-2.13k(-82.5%)
MAIN DESTINATION (March 2024)

This section shows Non-Retail Silk 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 Silk Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.1k

In 2022, Belgium exported $12.1k in Non-Retail Silk Yarn. The main destinations of Belgium exports on Non-Retail Silk Yarn were France ($6.02k), Romania ($3.5k), Guatemala ($2.57k), Madagascar ($13), and United Kingdom ($2).

In N/A, Belgium imported N/A in Non-Retail Silk Yarn, mainly from Portugal ($499k), Netherlands ($24.3k), Germany ($18k), Italy ($12.2k), and Japan ($2.78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Silk Yarn EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$3.71k (161%)
Guatemala$2.57k (1%)
Madagascar$13 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Silk Yarn BY Belgium WERE (2021 - 2022):
Italy-$314k (-100%)
Romania-$87.5k (-96.2%)
Turkey-$642 (-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 Silk Yarn were:
China $75.7M
Romania $68.1M
Vietnam $32.8M
In 2022, Belgium's main importing competitors in Non-Retail Silk Yarn were:
Italy $84.2M
Japan $37.9M
India $20.1M

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Trade Value of Non-Retail Silk Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $6.99k
TOP IMPORT POTENTIALItaly+ $15.6k

Non-Retail Silk Yarn’s highest export potential is France. With an export gap of $6.99k.   Non-Retail Silk Yarn’s highest import potential is Italy with an import gap of $15.6k.

See methodology.

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