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Pricing

2022
Exports $845kWorld Rnk 35 / 86
Flag Rnk 1110 / 1213
2022
Destination $23.2k United States
2021 - 2022
FASTEST GROWING MARKET $23.2kFrance
2022
PRODUCT COMPLEXITY IN Gimp Yarn0.54Rnk 354 / 1025
2022
Imports $14.7MWorld Rnk 11 / 161
Flag Rnk 882 / 1214
2022
Origin $1.43M Romania
2021 - 2022
FASTEST GROWING ORIGIN $1.43MItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $845k in Gimp Yarn, making it the 35th largest exporter of Gimp Yarn in the world. At the same year, Gimp Yarn was the 1110th most exported product in Belgium. The main destination of Gimp Yarn exports from Belgium are: United States ($536k), Netherlands ($79.3k), Germany ($70.2k), France ($36.8k), and Austria ($28.4k).

The fastest growing export markets for Gimp Yarn of Belgium between 2021 and 2022 were France ($23.2k), Germany ($19.9k), and Tunisia ($19.4k).

Imports In 2022, Belgium imported $14.7M in Gimp Yarn, becoming the 11th largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 882nd most imported product in Belgium. Belgium imports Gimp Yarn primarily from: Romania ($4.24M), Italy ($3.37M), Turkey ($1.95M), India ($1.82M), and Germany ($1.78M).

The fastest growing import markets in Gimp Yarn for Belgium between 2021 and 2022 were Italy ($1.43M), Germany ($584k), and India ($385k).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Gimp Yarn exports accounted up to €12.8k and imports accounted up to €43.5k, resulting in a negative trade balance of €30.7k. Between May 2023 and May 2024 the exports of Belgium's   Gimp Yarn have decreased by €-103k (-89%) from €116k to €12.8k, while imports decreased by €-562k (-92.8%) from €606k to €43.5k.

Destinations In May 2024, Gimp Yarn were exported mostly to China (€10.2k) and Switzerland (€2.55k), and were imported mostly from China (€25.2k), Austria (€12.3k), Switzerland (€5.96k), and Czechia (€3).

Growth In May 2024, the decrease in Gimp Yarn's year-by-year exports was explained primarily by a decrease in exports to United States (€-16.4k or -23.3%), France (€-4.31k or -91.1%), and Luxembourg (€-154 or -23%). In May 2024, the decrease in Gimp Yarn's year-by-year imports was explained primarily by a decrease in imports from China (€-159k or -94.3%), Italy (€-35.2k or -14.7%), and Turkey (€-7.34k or -3.58%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-103k(-89%)
IMPORT GROWTH (May 2023 - May 2024)€-562k(-92.8%)
MAIN DESTINATION (May 2024)China€10.2k

This section shows Gimp Yarn'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 Gimp Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$845k
IMPORTS (2022)$14.7M
NET TRADE (2022)-$13.8M

In 2022, Belgium exported $845k in Gimp Yarn. The main destinations of Belgium exports on Gimp Yarn were United States ($536k), Netherlands ($79.3k), Germany ($70.2k), France ($36.8k), and Austria ($28.4k).

In 2022, Belgium imported $14.7M in Gimp Yarn, mainly from Romania ($4.24M), Italy ($3.37M), Turkey ($1.95M), India ($1.82M), and Germany ($1.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gimp Yarn EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$23.2k (170%)
Germany$19.9k (39.6%)
Tunisia$19.4k (841%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gimp Yarn BY Belgium WERE (2021 - 2022):
Italy-$214k (-95.8%)
United States-$210k (-28.2%)
Burundi-$18.3k (-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 Gimp Yarn were:
China $228M
Italy $85.8M
Turkey $59.4M
In 2022, Belgium's main importing competitors in Gimp Yarn were:
Italy $72.4M
United States $53.4M
Bangladesh $52.7M

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $96k
TOP IMPORT POTENTIALGermany+ $532k

Gimp Yarn’s highest export potential is Germany. With an export gap of $96k.   Gimp Yarn’s highest import potential is Germany with an import gap of $532k.

See methodology.

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