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2023
Exports $227MWorld Rnk 1 / 131
Flag Rnk 286 / 1216
2023
Destination $20.7M Germany
2022 - 2023
FASTEST GROWING MARKET $20.7MSpain
2023
PRODUCT COMPLEXITY IN Vegetable and Mineral Carvings-0.044Rnk 573 / 1025
2023
Imports $18.4MWorld Rnk 15 / 194
Flag Rnk 807 / 1213
2023
Origin $3.52M France
2022 - 2023
FASTEST GROWING ORIGIN $3.52MGermany
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $227M in Vegetable and Mineral Carvings, making it the 1st largest exporter of Vegetable and Mineral Carvings in the world. At the same year, Vegetable and Mineral Carvings was the 286th most exported product in Belgium. The main destination of Vegetable and Mineral Carvings exports from Belgium are: Germany ($30.7M), Spain ($22M), France ($21.6M), Italy ($16.7M), and Ireland ($15.4M).

The fastest growing export markets for Vegetable and Mineral Carvings of Belgium between 2022 and 2023 were Spain ($20.7M), Ireland ($8.52M), and France ($5.23M).

Imports In 2023, Belgium imported $18.4M in Vegetable and Mineral Carvings, becoming the 15th largest importer of Vegetable and Mineral Carvings in the world. At the same year, Vegetable and Mineral Carvings was the 807th most imported product in Belgium. Belgium imports Vegetable and Mineral Carvings primarily from: France ($5.82M), Germany ($4.01M), United States ($2.73M), China ($2.38M), and Netherlands ($1.45M).

The fastest growing import markets in Vegetable and Mineral Carvings for Belgium between 2022 and 2023 were Germany ($3.52M), France ($3.37M), and Netherlands ($1.23M).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Vegetable and Mineral Carvings exports accounted up to €15.8M and imports accounted up to €870k, resulting in a positive trade balance of €15M. Between October 2023 and October 2024 the exports of Belgium's   Vegetable and Mineral Carvings have decreased by €-4.93M (-23.8%) from €20.8M to €15.8M, while imports decreased by €-300k (-25.7%) from €1.17M to €870k.

Destinations In October 2024, Vegetable and Mineral Carvings were exported mostly to Germany (€2.67M), France (€1.92M), Hungary (€1.37M), Spain (€1.33M), and Ireland (€1.31M), and were imported mostly from France (€464k), United States (€295k), Switzerland (€84.6k), Japan (€13.2k), and China (€5.62k).

Growth In October 2024, the decrease in Vegetable and Mineral Carvings's year-by-year exports was explained primarily by a decrease in exports to Algeria (€-867k or -58.2%), Saudi Arabia (€-293k or -86.1%), and Turkey (€-206k or -18.9%). In October 2024, the decrease in Vegetable and Mineral Carvings's year-by-year imports was explained primarily by a decrease in imports from France (€-422k or -81.9%), China (€-74.2k or -31%), and Germany (€-13.5k or -46.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-4.93M(-23.8%)
IMPORT GROWTH (October 2023 - October 2024)€-300k(-25.7%)
MAIN DESTINATION (October 2024)Germany€2.67M

This section shows Vegetable and Mineral Carvings'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 Vegetable and Mineral Carvings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$227M
IMPORTS (2023)$18.4M
NET TRADE (2023)$209M

In 2023, Belgium exported $227M in Vegetable and Mineral Carvings. The main destinations of Belgium exports on Vegetable and Mineral Carvings were Germany ($30.7M), Spain ($22M), France ($21.6M), Italy ($16.7M), and Ireland ($15.4M).

In 2023, Belgium imported $18.4M in Vegetable and Mineral Carvings, mainly from France ($5.82M), Germany ($4.01M), United States ($2.73M), China ($2.38M), and Netherlands ($1.45M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vegetable and Mineral Carvings EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Spain$20.7M (1.62k%)
Ireland$8.52M (123%)
France$5.23M (31.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable and Mineral Carvings BY Belgium WERE (2022 - 2023):
Brazil-$2.82M (-97.5%)
Algeria-$2.73M (-37.1%)
Egypt-$1.51M (-37.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Vegetable and Mineral Carvings were:
China $181M
India $151M
In 2023, Belgium's main importing competitors in Vegetable and Mineral Carvings were:
United States $320M
Spain $82.1M
Germany $73M

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Trade Value of Vegetable and Mineral Carvings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.53M
TOP IMPORT POTENTIALFrance+ $676k

Vegetable and Mineral Carvings’s highest export potential is Germany. With an export gap of $2.53M.   Vegetable and Mineral Carvings’s highest import potential is France with an import gap of $676k.

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