Wood Wool in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $1.16M in Wood Wool, making it the 17th largest exporter of Wood Wool in the world. At the same year, Wood Wool was the 1091st most exported product in Belgium. The main destination of Wood Wool exports from Belgium are: Russia ($602k), Ukraine ($226k), Netherlands ($124k), China ($91.2k), and United States ($33k).

The fastest growing export markets for Wood Wool of Belgium between 2021 and 2022 were China ($91.2k), Luxembourg ($13.6k), and Singapore ($8.52k).

Imports In 2022, Belgium imported $4.27M in Wood Wool, becoming the 8th largest importer of Wood Wool in the world. At the same year, Wood Wool was the 1055th most imported product in Belgium. Belgium imports Wood Wool primarily from: N/A.

The fastest growing import markets in Wood Wool for Belgium between 2021 and 2022 were Poland ($21.5k), Denmark ($19.9k), and France ($14.7k).

Latest Trends

July 2024

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Overview In July 2024 Belgium's Wood Wool exports accounted up to €2.69k and imports accounted up to €316k, resulting in a negative trade balance of €313k. Between July 2023 and July 2024 the exports of Belgium's Wood Wool have decreased by €-1.29k (-32.5%) from €3.98k to €2.69k, while imports increased by €247k (357%) from €69k to €316k.

Destinations In July 2024, Wood Wool were exported mostly to Germany (€2.12k), Netherlands (€376), Austria (€84), Luxembourg (€63), and Switzerland (€46), and were imported mostly from Germany (€140k), Netherlands (€123k), Italy (€48.6k), Spain (€3.56k), and France (€57).

Growth In July 2024, the decrease in Wood Wool's year-by-year exports was explained primarily by a decrease in exports to Germany (€-1.24k or -84.9%), Austria (€-356 or -75.6%), and Switzerland (€-355 or -54.2%). In July 2024, the increase in Wood Wool's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)€-1.29k(-32.5%)

IMPORT GROWTH (July 2023 - July 2024)€247k(357%)

MAIN DESTINATION (July 2024)Germany€2.12k

This section shows Wood Wool'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 Wood Wool over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.16M

IMPORTS (2022)$4.27M

NET TRADE (2022)-$3.12M

In 2022, Belgium exported $1.16M in Wood Wool. The main destinations of Belgium exports on Wood Wool were Russia ($602k), Ukraine ($226k), Netherlands ($124k), China ($91.2k), and United States ($33k).

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