2023
Exports
$55.9MWorld Rnk 8 / 122
Flag Rnk 556 / 1216
2023
PRODUCT COMPLEXITY IN Synthetic Reconstructed Jewellery Stones
-0.4Rnk 665 / 1025
2023
Imports
$79.5MWorld Rnk 7 / 153
Flag Rnk 513 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $55.9M in Synthetic Reconstructed Jewellery Stones, making it the 8th largest exporter of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 556th most exported product in Belgium. The main destination of Synthetic Reconstructed Jewellery Stones exports from Belgium are: United States ($13.9M), India ($13.7M), China ($9.43M), United Arab Emirates ($7.69M), and Hong Kong ($3.9M).

The fastest growing export markets for Synthetic Reconstructed Jewellery Stones of Belgium between 2022 and 2023 were United Arab Emirates ($6.55M), United States ($6.22M), and China ($3.37M).

Imports In 2023, Belgium imported $79.5M in Synthetic Reconstructed Jewellery Stones, becoming the 7th largest importer of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 513th most imported product in Belgium. Belgium imports Synthetic Reconstructed Jewellery Stones primarily from: India ($53.9M), United States ($17.2M), United Arab Emirates ($3.02M), Israel ($1.53M), and Hong Kong ($879k).

The fastest growing import markets in Synthetic Reconstructed Jewellery Stones for Belgium between 2022 and 2023 were Chinese Taipei ($236k), Germany ($78.7k), and Netherlands ($45k).

COMPANIES In 2023, leading companies such as Costco Wholesale (3) and Stanley Black & Decker (2) were at the forefront of shipping Synthetic Reconstructed Jewellery Stones from Belgium to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.91M(-42%)
IMPORT GROWTH (October 2023 - October 2024)€-1.98M(-38.2%)
MAIN DESTINATION (October 2024)Hong Kong€1.14M

This section shows Synthetic Reconstructed Jewellery Stones'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 Synthetic Reconstructed Jewellery Stones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$55.9M
IMPORTS (2023)$79.5M
NET TRADE (2023)-$23.7M

In 2023, Belgium exported $55.9M in Synthetic Reconstructed Jewellery Stones. The main destinations of Belgium exports on Synthetic Reconstructed Jewellery Stones were United States ($13.9M), India ($13.7M), China ($9.43M), United Arab Emirates ($7.69M), and Hong Kong ($3.9M).

In 2023, Belgium imported $79.5M in Synthetic Reconstructed Jewellery Stones, mainly from India ($53.9M), United States ($17.2M), United Arab Emirates ($3.02M), Israel ($1.53M), and Hong Kong ($879k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Reconstructed Jewellery Stones EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
United States$6.22M (80.5%)
China$3.37M (55.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Reconstructed Jewellery Stones BY Belgium WERE (2022 - 2023):
India-$17.7M (-56.4%)
United Kingdom-$885k (-24.5%)
Hong Kong-$863k (-18.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Synthetic Reconstructed Jewellery Stones were:
In 2023, Belgium's main importing competitors in Synthetic Reconstructed Jewellery Stones were:

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Trade Value of Synthetic Reconstructed Jewellery Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.64M
TOP IMPORT POTENTIALIndia+ $2.2M

Synthetic Reconstructed Jewellery Stones’s highest export potential is United States. With an export gap of $2.64M.   Synthetic Reconstructed Jewellery Stones’s highest import potential is India with an import gap of $2.2M.

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