NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $9.42MWorld Rnk 18 / 104
Flag Rnk 867 / 1216
2023
Destination $575k China
2022 - 2023
FASTEST GROWING MARKET $575kLithuania
2023
PRODUCT COMPLEXITY IN Wool-2.02Rnk 1001 / 1025
2023
Imports $6.94MWorld Rnk 21 / 132
Flag Rnk 965 / 1213
2023
Origin $854k New Zealand
2022 - 2023
FASTEST GROWING ORIGIN $854kSpain
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $9.42M in Wool, making it the 18th largest exporter of Wool in the world. At the same year, Wool was the 867th most exported product in Belgium. The main destination of Wool exports from Belgium are: China ($2.84M), Germany ($1.48M), Austria ($1.4M), Lithuania ($775k), and Switzerland ($583k).

The fastest growing export markets for Wool of Belgium between 2022 and 2023 were Lithuania ($575k), China ($421k), and South Korea ($254k).

Imports In 2023, Belgium imported $6.94M in Wool, becoming the 21st largest importer of Wool in the world. At the same year, Wool was the 965th most imported product in Belgium. Belgium imports Wool primarily from: New Zealand ($1.75M), Spain ($1.59M), France ($841k), United Kingdom ($708k), and Germany ($702k).

The fastest growing import markets in Wool for Belgium between 2022 and 2023 were Spain ($854k), Argentina ($87.1k), and Ireland ($18.2k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Wool exports accounted up to €604k and imports accounted up to €409k, resulting in a positive trade balance of €194k. Between November 2023 and November 2024 the exports of Belgium's   Wool have increased by €73.5k (13.9%) from €530k to €604k, while imports decreased by €-38.6k (-8.62%) from €448k to €409k.

Destinations In November 2024, Wool were exported mostly to Germany (€299k), Austria (€119k), China (€53.9k), Netherlands (€41.3k), and France (€36.9k), and were imported mostly from France (€166k), Germany (€80.6k), New Zealand (€55.3k), United Kingdom (€36.6k), and Portugal (€21.4k).

Growth In November 2024, the increase in Wool's year-by-year exports was explained primarily by an increase in exports to Netherlands (€103k or 2.53k%) and China (€56.2k or 18.1%). In November 2024, the decrease in Wool's year-by-year imports was explained primarily by a decrease in imports from France (€-178k or -95.3%), Switzerland (€-40.1k or -52.4%), and United Kingdom (€-35.4k or -99.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€73.5k(13.9%)
IMPORT GROWTH (November 2023 - November 2024)€-38.6k(-8.62%)
MAIN DESTINATION (November 2024)Germany€299k

This section shows 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 Wool over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$9.42M
IMPORTS (2023)$6.94M
NET TRADE (2023)$2.49M

In 2023, Belgium exported $9.42M in Wool. The main destinations of Belgium exports on Wool were China ($2.84M), Germany ($1.48M), Austria ($1.4M), Lithuania ($775k), and Switzerland ($583k).

In 2023, Belgium imported $6.94M in Wool, mainly from New Zealand ($1.75M), Spain ($1.59M), France ($841k), United Kingdom ($708k), and Germany ($702k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Lithuania$575k (286%)
China$421k (17.4%)
South Korea$254k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Belgium WERE (2022 - 2023):
Austria-$1.03M (-42.3%)
Germany-$312k (-17.4%)
Switzerland-$248k (-29.9%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Wool were:
Australia $1.99B
South Africa $312M
New Zealand $281M
In 2023, Belgium's main importing competitors in Wool were:
China $2.02B
India $255M
Italy $209M

Explore Visualizations

Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.62M
TOP IMPORT POTENTIALGermany+ $314k

Wool’s highest export potential is China. With an export gap of $1.62M.   Wool’s highest import potential is Germany with an import gap of $314k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms