2022
Exports
$14.6MWorld Rnk 13 / 120
Flag Rnk 811 / 1213
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$5.98MWorld Rnk 56 / 191
Flag Rnk 1015 / 1214
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $14.6M in Knitting Machines, making it the 13th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 811th most exported product in Belgium. The main destination of Knitting Machines exports from Belgium are: Turkey ($5.52M), India ($4.73M), Thailand ($1.11M), Egypt ($542k), and Australia ($443k).

The fastest growing export markets for Knitting Machines of Belgium between 2021 and 2022 were India ($3.51M), Turkey ($2.8M), and Thailand ($1.11M).

Imports In 2022, Belgium imported $5.98M in Knitting Machines, becoming the 56th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 1015th most imported product in Belgium. Belgium imports Knitting Machines primarily from: United States ($1.55M), China ($1.11M), Germany ($1.05M), France ($818k), and Netherlands ($259k).

The fastest growing import markets in Knitting Machines for Belgium between 2021 and 2022 were United States ($722k), China ($402k), and France ($198k).

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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-963k(-92%)
IMPORT GROWTH (August 2023 - August 2024)€160k(101%)
MAIN DESTINATION (August 2024)Spain€83.5k

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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.6M
IMPORTS (2022)$5.98M
NET TRADE (2022)$8.64M

In 2022, Belgium exported $14.6M in Knitting Machines. The main destinations of Belgium exports on Knitting Machines were Turkey ($5.52M), India ($4.73M), Thailand ($1.11M), Egypt ($542k), and Australia ($443k).

In 2022, Belgium imported $5.98M in Knitting Machines, mainly from United States ($1.55M), China ($1.11M), Germany ($1.05M), France ($818k), and Netherlands ($259k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
India$3.51M (287%)
Turkey$2.8M (103%)
Thailand$1.11M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Belgium WERE (2021 - 2022):
Egypt-$874k (-61.7%)
Belarus-$432k (-100%)
China-$152k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Belgium's main importing competitors in Knitting Machines were:

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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.

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