Textile Fiber Machinery in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $48.7M in Textile Fiber Machinery, making it the 10th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 561st most exported product in Belgium. The main destination of Textile Fiber Machinery exports from Belgium are: India ($24.2M), France ($10.4M), China ($3.8M), United States ($2.57M), and Nicaragua ($1.46M).

The fastest growing export markets for Textile Fiber Machinery of Belgium between 2021 and 2022 were India ($15.2M), United States ($2.1M), and Nicaragua ($1.46M).

Imports In 2022, Belgium imported $4.58M in Textile Fiber Machinery, becoming the 52nd largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 1045th most imported product in Belgium. Belgium imports Textile Fiber Machinery primarily from: Germany ($1.99M), Italy ($844k), Spain ($519k), France ($220k), and China ($162k).

The fastest growing import markets in Textile Fiber Machinery for Belgium between 2021 and 2022 were Germany ($1.31M), Spain ($405k), and Italy ($223k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Textile Fiber Machinery from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Textile Fiber Machinery exports accounted up to €2.46M and imports accounted up to €765k, resulting in a positive trade balance of €1.69M. Between December 2022 and December 2023 the exports of Belgium's Textile Fiber Machinery have increased by €1.15M (87.6%) from €1.31M to €2.46M, while imports increased by €746k (4.12k%) from €18.1k to €765k.

Destinations In December 2023, Textile Fiber Machinery were exported mostly to France (€1.2M), United States (€579k), India (€390k), Czechia (€139k), and Denmark (€116k), and were imported mostly from Germany (€662k), Australia (€55.6k), Denmark (€41k), Italy (€3.79k), and France (€1.19k).

Growth In December 2023, the increase in Textile Fiber Machinery's year-by-year exports was explained primarily by an increase in exports to France (€1.19M or 693%) and Netherlands (€1.78k or 611%). In December 2023, the increase in Textile Fiber Machinery's year-by-year imports was explained primarily by an increase in imports from India (€24.6k or 4.76k%) and China (€3.9k or 241%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€1.15M(87.6%)

IMPORT GROWTH (December 2022 - December 2023)€746k(4.12k%)

MAIN DESTINATION (December 2023)France€1.2M

This section shows Textile Fiber Machinery'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 Textile Fiber Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$48.7M

IMPORTS (2022)$4.58M

NET TRADE (2022)$44.1M

In 2022, Belgium exported $48.7M in Textile Fiber Machinery. The main destinations of Belgium exports on Textile Fiber Machinery were India ($24.2M), France ($10.4M), China ($3.8M), United States ($2.57M), and Nicaragua ($1.46M).

In 2022, Belgium imported $4.58M in Textile Fiber Machinery, mainly from Germany ($1.99M), Italy ($844k), Spain ($519k), France ($220k), and China ($162k).

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