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2022
Exports $1.8BWorld Rnk 10 / 219
Flag Rnk 33 / 1213
2022
Destination $307M France
2021 - 2022
FASTEST GROWING MARKET $307MGermany
2022
PRODUCT COMPLEXITY IN Leather Footwear-0.71Rnk 760 / 1025
2022
Imports $1.38BWorld Rnk 11 / 222
Flag Rnk 57 / 1214
2022
Origin $153M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $153MVietnam
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.8B in Leather Footwear, making it the 10th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 33rd most exported product in Belgium. The main destination of Leather Footwear exports from Belgium are: France ($364M), Germany ($322M), Netherlands ($292M), Italy ($254M), and Spain ($105M).

The fastest growing export markets for Leather Footwear of Belgium between 2021 and 2022 were Germany ($307M), Netherlands ($221M), and France ($178M).

Imports In 2022, Belgium imported $1.38B in Leather Footwear, becoming the 11th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 57th most imported product in Belgium. Belgium imports Leather Footwear primarily from: Vietnam ($383M), China ($210M), Germany ($167M), Netherlands ($147M), and Italy ($106M).

The fastest growing import markets in Leather Footwear for Belgium between 2021 and 2022 were Vietnam ($153M), Germany ($61.8M), and China ($54.2M).

COMPANIES In 2023, leading companies such as BOEING (2) were at the forefront of shipping Leather Footwear from Belgium to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Leather Footwear exports accounted up to €17.5M and imports accounted up to €44.2M, resulting in a negative trade balance of €26.7M. Between July 2023 and July 2024 the exports of Belgium's   Leather Footwear have increased by €3.98M (29.5%) from €13.5M to €17.5M, while imports increased by €560k (1.28%) from €43.6M to €44.2M.

Destinations In July 2024, Leather Footwear were exported mostly to China (€6.38M), France (€2.55M), Netherlands (€2.23M), Germany (€1.24M), and Italy (€1.16M), and were imported mostly from Italy (€8.91M), Germany (€8.86M), Netherlands (€8.3M), France (€7.53M), and China (€3.58M).

Growth In July 2024, the increase in Leather Footwear's year-by-year exports was explained primarily by an increase in exports to Germany (€420k or 36.4%), Austria (€400k or 569%), and Israel (€102k or 24.9k%). In July 2024, the increase in Leather Footwear's year-by-year imports was explained primarily by an increase in imports from France (€3.62M or 97%), Germany (€3.33M or 49.1%), and Italy (€1.7M or 25.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€3.98M(29.5%)
IMPORT GROWTH (July 2023 - July 2024)€560k(1.28%)
MAIN DESTINATION (July 2024)China€6.38M

This section shows Leather Footwear'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 Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.8B
IMPORTS (2022)$1.38B
NET TRADE (2022)$423M

In 2022, Belgium exported $1.8B in Leather Footwear. The main destinations of Belgium exports on Leather Footwear were France ($364M), Germany ($322M), Netherlands ($292M), Italy ($254M), and Spain ($105M).

In 2022, Belgium imported $1.38B in Leather Footwear, mainly from Vietnam ($383M), China ($210M), Germany ($167M), Netherlands ($147M), and Italy ($106M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$307M (2.12k%)
Netherlands$221M (311%)
France$178M (95.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Belgium WERE (2021 - 2022):
United Kingdom-$25.2M (-72.1%)
Canada-$6.94M (-27.7%)
Croatia-$712k (-22.9%)
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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 Footwear were:
China $12.6B
Vietnam $8.21B
Italy $7.71B
In 2022, Belgium's main importing competitors in Leather Footwear were:
United States $13.4B
Germany $5.99B
France $3.8B

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Trade Value of Leather Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $151M
TOP IMPORT POTENTIALGermany+ $80.7M

Leather Footwear’s highest export potential is Germany. With an export gap of $151M.   Leather Footwear’s highest import potential is Germany with an import gap of $80.7M.

See methodology.

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