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2022
Exports $751MWorld Rnk 17 / 224
Flag Rnk 55 / 96
2022
Destination $30.1M France
2021 - 2022
FASTEST GROWING MARKET $30.1MGermany
2022
PRODUCT COMPLEXITY IN Leather articles-0.063Rnk 569 / 1025
2022
Imports $1.22BWorld Rnk 20 / 225
Flag Rnk 51 / 96
2022
Origin $42.8M China
2021 - 2022
FASTEST GROWING ORIGIN $42.8MIndonesia
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $751M in Leather articles, making it the 17th largest exporter of Leather articles in the world. At the same year, Leather articles was the 55th most exported product in Belgium. The main destination of Leather articles exports from Belgium are: France ($197M), Italy ($92.8M), Netherlands ($90.5M), Germany ($82.8M), and Spain ($50.9M).

The fastest growing export markets for Leather articles of Belgium between 2021 and 2022 were Germany ($30.1M), Italy ($24M), and Spain ($16.6M).

Imports In 2022, Belgium imported $1.22B in Leather articles, becoming the 20th largest importer of Leather articles in the world. At the same year, Leather articles was the 51st most imported product in Belgium. Belgium imports Leather articles primarily from: China ($404M), France ($148M), Netherlands ($136M), Germany ($79.7M), and Indonesia ($79.2M).

The fastest growing import markets in Leather articles for Belgium between 2021 and 2022 were Indonesia ($42.8M), China ($26.9M), and India ($24M).

COMPANIES In 2023, leading companies such as Helly Hansen (2) and Halyard Health (1) were at the forefront of shipping Leather articles from Belgium to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Leather articles exports accounted up to €52.5M and imports accounted up to €54.4M, resulting in a negative trade balance of €1.86M. Between August 2023 and August 2024 the exports of Belgium's   Leather articles have decreased by €-7.03M (-11.8%) from €59.5M to €52.5M, while imports decreased by €-4.14M (-7.08%) from €58.5M to €54.4M.

Destinations In August 2024, Leather articles were exported mostly to Germany (€9.81M), France (€8.57M), Netherlands (€5.36M), Spain (€5.3M), and Italy (€4.26M), and were imported mostly from China (€16.9M), Netherlands (€8.15M), France (€7.35M), Germany (€4.4M), and Hungary (€3.67M).

Growth In August 2024, the decrease in Leather articles's year-by-year exports was explained primarily by a decrease in exports to Canada (€-502k or -23%), Japan (€-382k or -29.3%), and Denmark (€-152k or -33.6%). In August 2024, the decrease in Leather articles's year-by-year imports was explained primarily by a decrease in imports from Israel (€-623k or -44.6%), Pakistan (€-308k or -29.2%), and Austria (€-231k or -79.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-7.03M(-11.8%)
IMPORT GROWTH (August 2023 - August 2024)€-4.14M(-7.08%)
MAIN DESTINATION (August 2024)Germany€9.81M

This section shows Leather articles'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 Leather articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$751M
IMPORTS (2022)$1.22B
NET TRADE (2022)-$464M

In 2022, Belgium exported $751M in Leather articles. The main destinations of Belgium exports on Leather articles were France ($197M), Italy ($92.8M), Netherlands ($90.5M), Germany ($82.8M), and Spain ($50.9M).

In 2022, Belgium imported $1.22B in Leather articles, mainly from China ($404M), France ($148M), Netherlands ($136M), Germany ($79.7M), and Indonesia ($79.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$30.1M (57%)
Italy$24M (34.8%)
Spain$16.6M (48.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Belgium WERE (2021 - 2022):
United Kingdom-$8.47M (-33.6%)
Canada-$5.85M (-31.7%)
Japan-$5.8M (-33%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Belgium's main importing competitors in Leather articles were:
United States $17.2B
Germany $5.8B
Japan $5.41B

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $63.9M
TOP IMPORT POTENTIALFrance+ $105M

Leather articles’s highest export potential is France. With an export gap of $63.9M.   Leather articles’s highest import potential is France with an import gap of $105M.

See methodology.

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