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2023
Exports $379MWorld Rnk 27 / 212
Flag Rnk 187 / 1216
2023
Destination $119M United Arab Emirates
2022 - 2023
FASTEST GROWING MARKET $119MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Jewellery-0.47Rnk 685 / 1025
2023
Imports $277MWorld Rnk 36 / 216
Flag Rnk 245 / 1213
2023
Origin $6.61M India
2022 - 2023
FASTEST GROWING ORIGIN $6.61MTurkey
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $379M in Jewellery, making it the 27th largest exporter of Jewellery in the world. At the same year, Jewellery was the 187th most exported product in Belgium. The main destination of Jewellery exports from Belgium are: United Arab Emirates ($147M), France ($47.2M), United States ($40.2M), Italy ($28.5M), and Netherlands ($20.5M).

The fastest growing export markets for Jewellery of Belgium between 2022 and 2023 were United Arab Emirates ($119M), United States ($23.9M), and France ($10.9M).

Imports In 2023, Belgium imported $277M in Jewellery, becoming the 36th largest importer of Jewellery in the world. At the same year, Jewellery was the 245th most imported product in Belgium. Belgium imports Jewellery primarily from: India ($70.5M), France ($40.2M), Germany ($32.4M), Italy ($32.4M), and Turkey ($25.2M).

The fastest growing import markets in Jewellery for Belgium between 2022 and 2023 were Turkey ($6.61M), Germany ($5.52M), and Italy ($2.68M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Jewellery exports accounted up to €24M and imports accounted up to €20.8M, resulting in a positive trade balance of €3.2M. Between November 2023 and November 2024 the exports of Belgium's   Jewellery have increased by €2.9M (13.7%) from €21.1M to €24M, while imports increased by €733k (3.65%) from €20.1M to €20.8M.

Destinations In November 2024, Jewellery were exported mostly to Netherlands (€7.1M), France (€5.04M), United States (€2.7M), India (€879k), and Germany (€871k), and were imported mostly from India (€5.94M), France (€5.2M), China (€2.25M), Italy (€2.22M), and Thailand (€1.46M).

Growth In November 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to United States (€1.1M or 137%), Netherlands (€690k or 34.1%), and France (€544k or 21.2%). In November 2024, the increase in Jewellery's year-by-year imports was explained primarily by an increase in imports from France (€1.08M or 75.7%), Turkey (€692k or 88.8%), and Italy (€646k or 61.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€2.9M(13.7%)
IMPORT GROWTH (November 2023 - November 2024)€733k(3.65%)
MAIN DESTINATION (November 2024)Netherlands€7.1M

This section shows Jewellery'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 Jewellery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$379M
IMPORTS (2023)$277M
NET TRADE (2023)$102M

In 2023, Belgium exported $379M in Jewellery. The main destinations of Belgium exports on Jewellery were United Arab Emirates ($147M), France ($47.2M), United States ($40.2M), Italy ($28.5M), and Netherlands ($20.5M).

In 2023, Belgium imported $277M in Jewellery, mainly from India ($70.5M), France ($40.2M), Germany ($32.4M), Italy ($32.4M), and Turkey ($25.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
United Arab Emirates$119M (414%)
United States$23.9M (147%)
France$10.9M (29.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Belgium WERE (2022 - 2023):
Switzerland-$6.54M (-31.5%)
Netherlands-$4.85M (-19.1%)
Germany-$3.89M (-40.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Jewellery were:
India $13.1B
Italy $12.4B
China $11.6B
In 2023, Belgium's main importing competitors in Jewellery were:
Hong Kong $21.3B
United Arab Emirates $16.6B
United States $13.5B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $30.6M
TOP IMPORT POTENTIALFrance+ $50.8M

Jewellery’s highest export potential is France. With an export gap of $30.6M.   Jewellery’s highest import potential is France with an import gap of $50.8M.

See methodology.

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