NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $8.21MWorld Rnk 15 / 119
Flag Rnk 895 / 1216
2023
Destination $1.95M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $1.95MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Knitting Machines1.06Rnk 157 / 1025
2023
Imports $5.52MWorld Rnk 52 / 188
Flag Rnk 991 / 1213
2023
Origin $807k Germany
2022 - 2023
FASTEST GROWING ORIGIN $807kNetherlands
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $8.21M in Knitting Machines, making it the 15th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 895th most exported product in Belgium. The main destination of Knitting Machines exports from Belgium are: United Kingdom ($2.01M), Israel ($1.26M), India ($1.24M), Brazil ($964k), and Uzbekistan ($696k).

The fastest growing export markets for Knitting Machines of Belgium between 2022 and 2023 were United Kingdom ($1.95M), Israel ($1.26M), and Brazil ($964k).

Imports In 2023, Belgium imported $5.52M in Knitting Machines, becoming the 52nd largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 991st most imported product in Belgium. Belgium imports Knitting Machines primarily from: Germany ($1.54M), Netherlands ($862k), United States ($847k), Australia ($613k), and China ($570k).

The fastest growing import markets in Knitting Machines for Belgium between 2022 and 2023 were Netherlands ($807k), Australia ($613k), and Germany ($474k).

COMPANIES In 2023, leading companies such as DuPont (1) were at the forefront of shipping Knitting Machines from Belgium to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Knitting Machines exports accounted up to €916k and imports accounted up to €165k, resulting in a positive trade balance of €750k. Between October 2023 and October 2024 the exports of Belgium's   Knitting Machines have decreased by €-8.53k (-0.92%) from €924k to €916k, while imports decreased by €-279k (-62.8%) from €445k to €165k.

Destinations In October 2024, Knitting Machines were exported mostly to United States (€876k), China (€39.7k), Spain (€35), and Netherlands (€14), and were imported mostly from France (€93.2k), Germany (€42k), Netherlands (€27.6k), China (€2.59k), and United Kingdom (€0).

Growth In October 2024, the decrease in Knitting Machines's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the decrease in Knitting Machines's year-by-year imports was explained primarily by a decrease in imports from Japan (€-195k or -87.4%), Germany (€-46k or -61%), and China (€-18.2k or -75.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-8.53k(-0.92%)
IMPORT GROWTH (October 2023 - October 2024)€-279k(-62.8%)
MAIN DESTINATION (October 2024)United States€876k

This section shows Knitting Machines'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 Knitting Machines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$8.21M
IMPORTS (2023)$5.52M
NET TRADE (2023)$2.7M

In 2023, Belgium exported $8.21M in Knitting Machines. The main destinations of Belgium exports on Knitting Machines were United Kingdom ($2.01M), Israel ($1.26M), India ($1.24M), Brazil ($964k), and Uzbekistan ($696k).

In 2023, Belgium imported $5.52M in Knitting Machines, mainly from Germany ($1.54M), Netherlands ($862k), United States ($847k), Australia ($613k), and China ($570k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
United Kingdom$1.95M (3.72k%)
Israel$1.26M (1%)
Brazil$964k (2.14M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Belgium WERE (2022 - 2023):
Turkey-$5.4M (-94.9%)
India-$4.27M (-77.5%)
Thailand-$1.2M (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Knitting Machines were:
China $1.1B
Japan $420M
Germany $304M
In 2023, Belgium's main importing competitors in Knitting Machines were:
India $410M
Turkey $233M
United States $215M

Explore Visualizations

Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $273k
TOP IMPORT POTENTIALGermany+ $999k

Knitting Machines’s highest export potential is France. With an export gap of $273k.   Knitting Machines’s highest import potential is Germany with an import gap of $999k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms