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2022
Exports $5.43MWorld Rnk 18 / 121
Flag Rnk 946 / 1213
2022
Destination $309k United States
2021 - 2022
FASTEST GROWING MARKET $309kIndia
2022
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric0.58Rnk 333 / 1025
2022
Imports $5.05MWorld Rnk 38 / 161
Flag Rnk 1037 / 1214
2022
Origin $99k Italy
2021 - 2022
FASTEST GROWING ORIGIN $99kIreland
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $5.43M in Carded Wool or Animal Hair Fabric, making it the 18th largest exporter of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 946th most exported product in Belgium. The main destination of Carded Wool or Animal Hair Fabric exports from Belgium are: United States ($1.05M), France ($750k), Ukraine ($568k), Poland ($537k), and Italy ($382k).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of Belgium between 2021 and 2022 were India ($309k), Poland ($207k), and United States ($187k).

Imports In 2022, Belgium imported $5.05M in Carded Wool or Animal Hair Fabric, becoming the 38th largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 1037th most imported product in Belgium. Belgium imports Carded Wool or Animal Hair Fabric primarily from: Italy ($2.24M), United Kingdom ($701k), Netherlands ($407k), Germany ($401k), and Denmark ($331k).

The fastest growing import markets in Carded Wool or Animal Hair Fabric for Belgium between 2021 and 2022 were Ireland ($99k), Japan ($76.8k), and India ($45.3k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Carded Wool or Animal Hair Fabric exports accounted up to €23.9k and imports accounted up to €218k, resulting in a negative trade balance of €194k. Between May 2023 and May 2024 the exports of Belgium's   Carded Wool or Animal Hair Fabric have decreased by €-508k (-95.5%) from €532k to €23.9k, while imports decreased by €-109k (-33.3%) from €328k to €218k.

Destinations In May 2024, Carded Wool or Animal Hair Fabric were exported mostly to Czechia (€10k), China (€5.78k), Austria (€3.34k), Canada (€2.17k), and Switzerland (€2.07k), and were imported mostly from .

Growth In May 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to United States (€-66k or -63.3%), Poland (€-39.1k or -48.4%), and France (€-38k or -46.1%). In April 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year imports was explained primarily by a decrease in imports from Italy (€-58.8k or -61.5%), United Kingdom (€-23.1k or -33.1%), and Germany (€-821 or -9.73%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-508k(-95.5%)
IMPORT GROWTH (April 2023 - April 2024)€-109k(-33.3%)
MAIN DESTINATION (May 2024)Czechia€10k

This section shows Carded Wool or Animal Hair Fabric'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 Carded Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.43M
IMPORTS (2022)$5.05M
NET TRADE (2022)$384k

In 2022, Belgium exported $5.43M in Carded Wool or Animal Hair Fabric. The main destinations of Belgium exports on Carded Wool or Animal Hair Fabric were United States ($1.05M), France ($750k), Ukraine ($568k), Poland ($537k), and Italy ($382k).

In 2022, Belgium imported $5.05M in Carded Wool or Animal Hair Fabric, mainly from Italy ($2.24M), United Kingdom ($701k), Netherlands ($407k), Germany ($401k), and Denmark ($331k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
India$309k (4.29k%)
Poland$207k (62.6%)
United States$187k (21.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY Belgium WERE (2021 - 2022):
Ukraine-$405k (-41.7%)
South Korea-$248k (-96.6%)
Netherlands-$172k (-44.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Carded Wool or Animal Hair Fabric were:
Italy $440M
China $111M
United Kingdom $92.8M
In 2022, Belgium's main importing competitors in Carded Wool or Animal Hair Fabric were:
China $88.5M
Morocco $72.1M
France $61.3M

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Trade Value of Carded Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $523k
TOP IMPORT POTENTIALGermany+ $331k

Carded Wool or Animal Hair Fabric’s highest export potential is France. With an export gap of $523k.   Carded Wool or Animal Hair Fabric’s highest import potential is Germany with an import gap of $331k.

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