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2022
Exports $891kWorld Rnk 34 / 136
Flag Rnk 1106 / 1213
2022
Destination $241k France
2021 - 2022
FASTEST GROWING MARKET $241kFrance
2022
Imports $447kWorld Rnk 68 / 194
Flag Rnk 1175 / 1214
2022
Origin $22.1k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $22.1kNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $891k in Cotton Sewing Thread, making it the 34th largest exporter of Cotton Sewing Thread in the world. At the same year, Cotton Sewing Thread was the 1106th most exported product in Belgium. The main destination of Cotton Sewing Thread exports from Belgium are: France ($592k), Spain ($106k), Italy ($88.7k), Angola ($47.3k), and Guatemala ($12.6k).

The fastest growing export markets for Cotton Sewing Thread of Belgium between 2021 and 2022 were France ($241k), Spain ($106k), and Italy ($46.1k).

Imports In 2022, Belgium imported $447k in Cotton Sewing Thread, becoming the 68th largest importer of Cotton Sewing Thread in the world. At the same year, Cotton Sewing Thread was the 1175th most imported product in Belgium. Belgium imports Cotton Sewing Thread primarily from: Netherlands ($102k), France ($96k), China ($85k), Germany ($56.8k), and Spain ($51.4k).

The fastest growing import markets in Cotton Sewing Thread for Belgium between 2021 and 2022 were Netherlands ($22.1k), Romania ($7.3k), and United States ($5.29k).

Latest Trends

April 2024

About

Overview In April 2024 Belgium's Cotton Sewing Thread exports accounted up to €6.09k and imports accounted up to €2.23k, resulting in a positive trade balance of €3.86k. Between April 2023 and April 2024 the exports of Belgium's   Cotton Sewing Thread have decreased by €-13.8k (-69.3%) from €19.8k to €6.09k, while imports decreased by €-63.9k (-96.6%) from €66.1k to €2.23k.

Destinations In April 2024, Cotton Sewing Thread were exported mostly to , and were imported mostly from China (€2.2k) and Czechia (€27).

Growth In April 2024, the decrease in Cotton Sewing Thread's year-by-year exports was explained primarily by a decrease in exports to Luxembourg (€-39 or -39.4%). In May 2024, the decrease in Cotton Sewing Thread's year-by-year imports was explained primarily by a decrease in imports from Japan (€-1.43k or -99.9%) and Netherlands (€-1.25k or -18.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)€-13.8k(-69.3%)
IMPORT GROWTH (May 2023 - May 2024)€-63.9k(-96.6%)
MAIN DESTINATION (April 2024)

This section shows Cotton Sewing Thread'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 Cotton Sewing Thread over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$891k
IMPORTS (2022)$447k
NET TRADE (2022)$443k

In 2022, Belgium exported $891k in Cotton Sewing Thread. The main destinations of Belgium exports on Cotton Sewing Thread were France ($592k), Spain ($106k), Italy ($88.7k), Angola ($47.3k), and Guatemala ($12.6k).

In 2022, Belgium imported $447k in Cotton Sewing Thread, mainly from Netherlands ($102k), France ($96k), China ($85k), Germany ($56.8k), and Spain ($51.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton Sewing Thread EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$241k (68.4%)
Spain$106k (1%)
Italy$46.1k (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton Sewing Thread BY Belgium WERE (2021 - 2022):
Angola-$33.4k (-41.4%)
Netherlands-$17.9k (-68.6%)
Hungary-$11.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Cotton Sewing Thread were:
China $32.9M
India $17.3M
United States $11.3M
In 2022, Belgium's main importing competitors in Cotton Sewing Thread were:
United States $10.3M
Guatemala $9.51M
Dominican Republic $8.08M

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Trade Value of Cotton Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Cotton Sewing Thread’s highest export potential is N/A. With an export gap of N/A.   Cotton Sewing Thread’s highest import potential is N/A with an import gap of N/A.

See methodology.

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