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2022
Exports $8.16MWorld Rnk 50 / 167
Flag Rnk 892 / 1213
2022
Destination $917k Netherlands
2021 - 2022
FASTEST GROWING MARKET $917kNetherlands
2022
PRODUCT COMPLEXITY IN Footwear Parts-0.62Rnk 735 / 1025
2022
Imports $21.5MWorld Rnk 61 / 207
Flag Rnk 824 / 1214
2022
Origin $802k Spain
2021 - 2022
FASTEST GROWING ORIGIN $802kNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $8.16M in Footwear Parts, making it the 50th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 892nd most exported product in Belgium. The main destination of Footwear Parts exports from Belgium are: Netherlands ($2.44M), Germany ($1.46M), France ($900k), Japan ($660k), and Italy ($406k).

The fastest growing export markets for Footwear Parts of Belgium between 2021 and 2022 were Netherlands ($917k), Germany ($679k), and Japan ($194k).

Imports In 2022, Belgium imported $21.5M in Footwear Parts, becoming the 61st largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 824th most imported product in Belgium. Belgium imports Footwear Parts primarily from: Spain ($3.94M), Netherlands ($3.47M), Germany ($2.67M), France ($2.2M), and China ($1.65M).

The fastest growing import markets in Footwear Parts for Belgium between 2021 and 2022 were Netherlands ($802k), Spain ($569k), and Poland ($410k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Footwear Parts exports accounted up to €622k and imports accounted up to €759k, resulting in a negative trade balance of €137k. Between August 2023 and August 2024 the exports of Belgium's   Footwear Parts have decreased by €-87.2k (-12.3%) from €709k to €622k, while imports decreased by €-317k (-29.5%) from €1.08M to €759k.

Destinations In August 2024, Footwear Parts were exported mostly to Germany (€254k), Netherlands (€79k), Japan (€70.1k), France (€45.3k), and United States (€39.6k), and were imported mostly from Netherlands (€247k), France (€127k), China (€89.8k), Poland (€70.8k), and India (€60.3k).

Growth In August 2024, the decrease in Footwear Parts's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-21k or -19.7%), Germany (€-7.1k or -2.92%), and United States (€-4.15k or -87.4%). In August 2024, the decrease in Footwear Parts's year-by-year imports was explained primarily by a decrease in imports from Morocco (€-62.5k or -53.8%), Germany (€-45.4k or -41.7%), and India (€-28.4k or -51.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-87.2k(-12.3%)
IMPORT GROWTH (August 2023 - August 2024)€-317k(-29.5%)
MAIN DESTINATION (August 2024)Germany€254k

This section shows Footwear Parts'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 Footwear Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.16M
IMPORTS (2022)$21.5M
NET TRADE (2022)-$13.4M

In 2022, Belgium exported $8.16M in Footwear Parts. The main destinations of Belgium exports on Footwear Parts were Netherlands ($2.44M), Germany ($1.46M), France ($900k), Japan ($660k), and Italy ($406k).

In 2022, Belgium imported $21.5M in Footwear Parts, mainly from Spain ($3.94M), Netherlands ($3.47M), Germany ($2.67M), France ($2.2M), and China ($1.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$917k (60.3%)
Germany$679k (87%)
Japan$194k (41.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Belgium WERE (2021 - 2022):
France-$1.05M (-53.8%)
Morocco-$116k (-36.5%)
Norway-$93.9k (-72.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Footwear Parts were:
China $4.26B
Vietnam $846M
Italy $811M
In 2022, Belgium's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B
Germany $554M

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.41M
TOP IMPORT POTENTIALChina+ $2.05M

Footwear Parts’s highest export potential is Germany. With an export gap of $1.41M.   Footwear Parts’s highest import potential is China with an import gap of $2.05M.

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