2022
Exports
$882MWorld Rnk 19 / 226
Flag Rnk 86 / 1213
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$1.09BWorld Rnk 11 / 223
Flag Rnk 74 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $882M in Knit T-shirts, making it the 19th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 86th most exported product in Belgium. The main destination of Knit T-shirts exports from Belgium are: France ($232M), Germany ($158M), Italy ($98.2M), Netherlands ($79.6M), and Spain ($59.3M).

The fastest growing export markets for Knit T-shirts of Belgium between 2021 and 2022 were Germany ($116M), France ($88.4M), and Netherlands ($45M).

Imports In 2022, Belgium imported $1.09B in Knit T-shirts, becoming the 11th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 74th most imported product in Belgium. Belgium imports Knit T-shirts primarily from: Bangladesh ($207M), Germany ($141M), Turkey ($85.6M), France ($83.8M), and Netherlands ($82.1M).

The fastest growing import markets in Knit T-shirts for Belgium between 2021 and 2022 were Bangladesh ($73.4M), India ($32.5M), and Pakistan ($15M).

COMPANIES In 2023, leading companies such as Gildan Activewear (1) were at the forefront of shipping Knit T-shirts from Belgium to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-6.95M(-30.1%)
IMPORT GROWTH (July 2023 - July 2024)€9.09M(24.4%)
MAIN DESTINATION (July 2024)Germany€3.67M

This section shows Knit T-shirts'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 Knit T-shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$882M
IMPORTS (2022)$1.09B
NET TRADE (2022)-$209M

In 2022, Belgium exported $882M in Knit T-shirts. The main destinations of Belgium exports on Knit T-shirts were France ($232M), Germany ($158M), Italy ($98.2M), Netherlands ($79.6M), and Spain ($59.3M).

In 2022, Belgium imported $1.09B in Knit T-shirts, mainly from Bangladesh ($207M), Germany ($141M), Turkey ($85.6M), France ($83.8M), and Netherlands ($82.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$116M (279%)
France$88.4M (61.3%)
Netherlands$45M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Belgium WERE (2021 - 2022):
United Kingdom-$29.4M (-78.8%)
Australia-$550k (-54.6%)
Tunisia-$344k (-73.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Knit T-shirts were:
In 2022, Belgium's main importing competitors in Knit T-shirts were:

Explore Visualizations

Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $77M
TOP IMPORT POTENTIALGermany+ $55.9M

Knit T-shirts’s highest export potential is Germany. With an export gap of $77M.   Knit T-shirts’s highest import potential is Germany with an import gap of $55.9M.

See methodology.

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