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2022
Exports $229MWorld Rnk 36 / 214
Flag Rnk 275 / 1213
2022
Destination $9.37M France
2021 - 2022
FASTEST GROWING MARKET $9.37MNetherlands
2022
PRODUCT COMPLEXITY IN Jewellery-0.41Rnk 675 / 1025
2022
Imports $421MWorld Rnk 32 / 219
Flag Rnk 205 / 1214
2022
Origin $17.8M France
2021 - 2022
FASTEST GROWING ORIGIN $17.8MCzechia
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $229M in Jewellery, making it the 36th largest exporter of Jewellery in the world. At the same year, Jewellery was the 275th most exported product in Belgium. The main destination of Jewellery exports from Belgium are: France ($38.9M), Netherlands ($34.8M), Switzerland ($18.7M), Germany ($17.7M), and Italy ($17.7M).

The fastest growing export markets for Jewellery of Belgium between 2021 and 2022 were Netherlands ($9.37M), France ($5.56M), and United Arab Emirates ($4.54M).

Imports In 2022, Belgium imported $421M in Jewellery, becoming the 32nd largest importer of Jewellery in the world. At the same year, Jewellery was the 205th most imported product in Belgium. Belgium imports Jewellery primarily from: France ($78.3M), India ($66.1M), Germany ($59.5M), Italy ($49.7M), and Turkey ($33.4M).

The fastest growing import markets in Jewellery for Belgium between 2021 and 2022 were Czechia ($17.8M), Germany ($9.67M), and Austria ($8.49M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Jewellery exports accounted up to €1M and imports accounted up to €1.71M, resulting in a negative trade balance of €705k. Between May 2023 and May 2024 the exports of Belgium's   Jewellery have decreased by €-17.1M (-94.4%) from €18.1M to €1M, while imports decreased by €-14.6M (-89.5%) from €16.3M to €1.71M.

Destinations In May 2024, Jewellery were exported mostly to Switzerland (€592k), Austria (€198k), Canada (€62.6k), Cyprus (€44.4k), and United Arab Emirates (€44.2k), and were imported mostly from China (€1.6M), Switzerland (€77.2k), Armenia (€14.8k), Canada (€7.69k), and Czechia (€3.92k).

Growth In May 2024, the decrease in Jewellery's year-by-year exports was explained primarily by a decrease in exports to Germany (€-1.87M or -67%), Switzerland (€-1.28M or -49.2%), and Canada (€-504k or -88.1%). In May 2024, the decrease in Jewellery's year-by-year imports was explained primarily by a decrease in imports from China (€-1.1M or -39.7%), United Kingdom (€-383k or -63.2%), and India (€-333k or -7.01%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-17.1M(-94.4%)
IMPORT GROWTH (May 2023 - May 2024)€-14.6M(-89.5%)
MAIN DESTINATION (May 2024)Switzerland€592k

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 (2022)$229M
IMPORTS (2022)$421M
NET TRADE (2022)-$193M

In 2022, Belgium exported $229M in Jewellery. The main destinations of Belgium exports on Jewellery were France ($38.9M), Netherlands ($34.8M), Switzerland ($18.7M), Germany ($17.7M), and Italy ($17.7M).

In 2022, Belgium imported $421M in Jewellery, mainly from France ($78.3M), India ($66.1M), Germany ($59.5M), Italy ($49.7M), and Turkey ($33.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Netherlands$9.37M (36.8%)
France$5.56M (16.7%)
United Arab Emirates$4.54M (75.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Belgium WERE (2021 - 2022):
Germany-$18.1M (-50.5%)
Switzerland-$3.09M (-14.2%)
United Kingdom-$2.2M (-13.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
Switzerland $11.8B
In 2022, Belgium's main importing competitors in Jewellery were:
Hong Kong $21.1B
United States $15.6B
United Arab Emirates $11B

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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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