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2022
Exports $307MWorld Rnk 14 / 158
Flag Rnk 215 / 1213
2022
Destination $14M China
2021 - 2022
FASTEST GROWING MARKET $14MVietnam
2022
PRODUCT COMPLEXITY IN Rough Wood-1.3Rnk 908 / 1025
2022
Imports $318MWorld Rnk 10 / 205
Flag Rnk 270 / 1214
2022
Origin $16.9M France
2021 - 2022
FASTEST GROWING ORIGIN $16.9MLatvia
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $307M in Rough Wood, making it the 14th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 215th most exported product in Belgium. The main destination of Rough Wood exports from Belgium are: China ($138M), Germany ($39.8M), France ($36.2M), Vietnam ($30.1M), and Netherlands ($25.8M).

The fastest growing export markets for Rough Wood of Belgium between 2021 and 2022 were Vietnam ($14M), Germany ($8.52M), and Luxembourg ($3.95M).

Imports In 2022, Belgium imported $318M in Rough Wood, becoming the 10th largest importer of Rough Wood in the world. At the same year, Rough Wood was the 270th most imported product in Belgium. Belgium imports Rough Wood primarily from: France ($141M), Germany ($81.6M), Netherlands ($31.4M), Latvia ($20.8M), and Luxembourg ($16.9M).

The fastest growing import markets in Rough Wood for Belgium between 2021 and 2022 were Latvia ($16.9M), Lithuania ($4.97M), and Germany ($3.95M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Rough Wood exports accounted up to €7.93M and imports accounted up to €12.9M, resulting in a negative trade balance of €4.93M. Between August 2023 and August 2024 the exports of Belgium's   Rough Wood have increased by €1.08M (15.8%) from €6.85M to €7.93M, while imports increased by €2.66M (26.1%) from €10.2M to €12.9M.

Destinations In August 2024, Rough Wood were exported mostly to Vietnam (€1.79M), Netherlands (€1.52M), China (€1.41M), Germany (€1.19M), and France (€787k), and were imported mostly from Germany (€6.01M), Netherlands (€2.79M), France (€1.74M), Latvia (€636k), and Luxembourg (€632k).

Growth In August 2024, the increase in Rough Wood's year-by-year exports was explained primarily by an increase in exports to Germany (€2.08M or 436%), Morocco (€342k or 645%), and Netherlands (€221k or 20.7%). In August 2024, the increase in Rough Wood's year-by-year imports was explained primarily by an increase in imports from Latvia (€3.33M or 3.22k%), Lithuania (€2.97M or 4.79k%), and Netherlands (€1.99M or 119%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€1.08M(15.8%)
IMPORT GROWTH (August 2023 - August 2024)€2.66M(26.1%)
MAIN DESTINATION (August 2024)Vietnam€1.79M

This section shows Rough Wood'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 Rough Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$307M
IMPORTS (2022)$318M
NET TRADE (2022)-$10.2M

In 2022, Belgium exported $307M in Rough Wood. The main destinations of Belgium exports on Rough Wood were China ($138M), Germany ($39.8M), France ($36.2M), Vietnam ($30.1M), and Netherlands ($25.8M).

In 2022, Belgium imported $318M in Rough Wood, mainly from France ($141M), Germany ($81.6M), Netherlands ($31.4M), Latvia ($20.8M), and Luxembourg ($16.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Vietnam$14M (86.6%)
Germany$8.52M (27.2%)
Luxembourg$3.95M (68.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY Belgium WERE (2021 - 2022):
China-$44.4M (-24.4%)
Netherlands-$16.2M (-38.5%)
India-$6.54M (-46%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Rough Wood were:
New Zealand $2.3B
United States $1.99B
Germany $1.17B
In 2022, Belgium's main importing competitors in Rough Wood were:
China $6.5B
India $951M
Austria $829M

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19M
TOP IMPORT POTENTIALGermany+ $15.4M

Rough Wood’s highest export potential is Germany. With an export gap of $19M.   Rough Wood’s highest import potential is Germany with an import gap of $15.4M.

See methodology.

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