2022
Exports
$477MWorld Rnk 11 / 202
Flag Rnk 67 / 96
2022
PRODUCT COMPLEXITY IN Coated, covered, & laminated fabrics for industrial use
1.5Rnk 52 / 1025
2022
Imports
$224MWorld Rnk 31 / 224
Flag Rnk 79 / 96
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $477M in Coated, covered, & laminated fabrics for industrial use, making it the 11th largest exporter of Coated, covered, & laminated fabrics for industrial use in the world. At the same year, Coated, covered, & laminated fabrics for industrial use was the 67th most exported product in Belgium. The main destination of Coated, covered, & laminated fabrics for industrial use exports from Belgium are: France ($69.8M), Germany ($62.8M), Netherlands ($32.2M), Italy ($26.9M), and United States ($25.2M).

The fastest growing export markets for Coated, covered, & laminated fabrics for industrial use of Belgium between 2021 and 2022 were Italy ($6.45M), China ($2.98M), and Bangladesh ($2.54M).

Imports In 2022, Belgium imported $224M in Coated, covered, & laminated fabrics for industrial use, becoming the 31st largest importer of Coated, covered, & laminated fabrics for industrial use in the world. At the same year, Coated, covered, & laminated fabrics for industrial use was the 79th most imported product in Belgium. Belgium imports Coated, covered, & laminated fabrics for industrial use primarily from: Germany ($51.9M), Netherlands ($32.6M), France ($26.8M), China ($22M), and Czechia ($11M).

The fastest growing import markets in Coated, covered, & laminated fabrics for industrial use for Belgium between 2021 and 2022 were China ($2.93M), Switzerland ($1.19M), and Vietnam ($1.14M).

COMPANIES In 2023, leading companies such as Hyosung (26), John Deere (1), and AGCO (1) were at the forefront of shipping Coated, covered, & laminated fabrics for industrial use from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-34M(-88%)
IMPORT GROWTH (May 2023 - May 2024)€-13.1M(-84.9%)
MAIN DESTINATION (May 2024)Switzerland€1.17M

This section shows Coated, covered, & laminated fabrics for industrial use'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 Coated, covered, & laminated fabrics for industrial use over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$477M
IMPORTS (2022)$224M
NET TRADE (2022)$252M

In 2022, Belgium exported $477M in Coated, covered, & laminated fabrics for industrial use. The main destinations of Belgium exports on Coated, covered, & laminated fabrics for industrial use were France ($69.8M), Germany ($62.8M), Netherlands ($32.2M), Italy ($26.9M), and United States ($25.2M).

In 2022, Belgium imported $224M in Coated, covered, & laminated fabrics for industrial use, mainly from Germany ($51.9M), Netherlands ($32.6M), France ($26.8M), China ($22M), and Czechia ($11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coated, covered, & laminated fabrics for industrial use EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$6.45M (31.5%)
China$2.98M (20.7%)
Bangladesh$2.54M (354%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated, covered, & laminated fabrics for industrial use BY Belgium WERE (2021 - 2022):
Germany-$5.54M (-8.11%)
Russia-$3.11M (-22.3%)
Spain-$2.99M (-13.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Coated, covered, & laminated fabrics for industrial use were:
In 2022, Belgium's main importing competitors in Coated, covered, & laminated fabrics for industrial use were:

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Trade Value of Coated, covered, & laminated fabrics for industrial use by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $28.5M
TOP IMPORT POTENTIALGermany+ $24.6M

Coated, covered, & laminated fabrics for industrial use’s highest export potential is Germany. With an export gap of $28.5M.   Coated, covered, & laminated fabrics for industrial use’s highest import potential is Germany with an import gap of $24.6M.

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