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2022
Exports $1.43MWorld Rnk 26 / 133
Flag Rnk 1080 / 1213
2022
Destination $45.4k France
2021 - 2022
FASTEST GROWING MARKET $45.4kIndia
2022
PRODUCT COMPLEXITY IN Silk Fabrics0.43Rnk 394 / 1025
2022
Imports $4.44MWorld Rnk 37 / 192
Flag Rnk 1051 / 1214
2022
Origin $981k Italy
2021 - 2022
FASTEST GROWING ORIGIN $981kItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.43M in Silk Fabrics, making it the 26th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 1080th most exported product in Belgium. The main destination of Silk Fabrics exports from Belgium are: France ($128k), Poland ($124k), Hong Kong ($113k), Romania ($109k), and Italy ($106k).

The fastest growing export markets for Silk Fabrics of Belgium between 2021 and 2022 were India ($45.4k), Norway ($38.7k), and Hong Kong ($33.3k).

Imports In 2022, Belgium imported $4.44M in Silk Fabrics, becoming the 37th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 1051st most imported product in Belgium. Belgium imports Silk Fabrics primarily from: Italy ($2.37M), China ($779k), Spain ($362k), United Kingdom ($218k), and India ($212k).

The fastest growing import markets in Silk Fabrics for Belgium between 2021 and 2022 were Italy ($981k), Spain ($112k), and Hungary ($54.8k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Silk Fabrics exports accounted up to €410 and imports accounted up to €43.7k, resulting in a negative trade balance of €43.3k. Between May 2023 and May 2024 the exports of Belgium's   Silk Fabrics have decreased by €-188k (-99.8%) from €189k to €410, while imports decreased by €-332k (-88.4%) from €376k to €43.7k.

Destinations In May 2024, Silk Fabrics were exported mostly to Czechia (€344), Canada (€61), and Switzerland (€5), and were imported mostly from China (€43.7k).

Growth In May 2024, the decrease in Silk Fabrics's year-by-year exports was explained primarily by a decrease in exports to France (€-15.5k or -73.1%), Germany (€-14k or -69.1%), and Turkey (€-13.8k or -100%). In May 2024, the decrease in Silk Fabrics's year-by-year imports was explained primarily by a decrease in imports from China (€-31.7k or -48.6%), India (€-25.4k or -34.4%), and United Kingdom (€-8.48k or -99.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-188k(-99.8%)
IMPORT GROWTH (May 2023 - May 2024)€-332k(-88.4%)
MAIN DESTINATION (May 2024)Czechia€344

This section shows Silk Fabrics'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 Silk Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.43M
IMPORTS (2022)$4.44M
NET TRADE (2022)-$3.01M

In 2022, Belgium exported $1.43M in Silk Fabrics. The main destinations of Belgium exports on Silk Fabrics were France ($128k), Poland ($124k), Hong Kong ($113k), Romania ($109k), and Italy ($106k).

In 2022, Belgium imported $4.44M in Silk Fabrics, mainly from Italy ($2.37M), China ($779k), Spain ($362k), United Kingdom ($218k), and India ($212k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
India$45.4k (81.8%)
Norway$38.7k (756%)
Hong Kong$33.3k (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Belgium WERE (2021 - 2022):
France-$156k (-54.8%)
Netherlands-$144k (-79.5%)
Bulgaria-$88.4k (-85.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Belgium's main importing competitors in Silk Fabrics were:
Italy $142M
France $82.6M
United States $55.6M

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $146k
TOP IMPORT POTENTIALChina+ $443k

Silk Fabrics’s highest export potential is France. With an export gap of $146k.   Silk Fabrics’s highest import potential is China with an import gap of $443k.

See methodology.

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