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2023
Exports $1.53BWorld Rnk 9 / 222
Flag Rnk 46 / 1216
2023
Destination $114M France
2022 - 2023
FASTEST GROWING MARKET $114MItaly
2023
PRODUCT COMPLEXITY IN Leather Footwear-0.76Rnk 773 / 1025
2023
Imports $559MWorld Rnk 20 / 224
Flag Rnk 130 / 1213
2023
Origin $5.55M Germany
2022 - 2023
FASTEST GROWING ORIGIN $5.55MFrance
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $1.53B in Leather Footwear, making it the 9th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 46th most exported product in Belgium. The main destination of Leather Footwear exports from Belgium are: France ($453M), Italy ($387M), Netherlands ($322M), Spain ($49.8M), and Greece ($47.3M).

The fastest growing export markets for Leather Footwear of Belgium between 2022 and 2023 were Italy ($114M), France ($18.8M), and Greece ($15.4M).

Imports In 2023, Belgium imported $559M in Leather Footwear, becoming the 20th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 130th most imported product in Belgium. Belgium imports Leather Footwear primarily from: Germany ($138M), France ($88.8M), Italy ($86.5M), Netherlands ($86.4M), and China ($29.2M).

The fastest growing import markets in Leather Footwear for Belgium between 2022 and 2023 were France ($5.55M), Italy ($4.5M), and Thailand ($2.52M).

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

November 2024

About

Overview In November 2024 Belgium's Leather Footwear exports accounted up to €19.2M and imports accounted up to €26M, resulting in a negative trade balance of €6.86M. Between November 2023 and November 2024 the exports of Belgium's   Leather Footwear have increased by €9.19M (92%) from €9.99M to €19.2M, while imports increased by €7.34M (39.2%) from €18.7M to €26M.

Destinations In November 2024, Leather Footwear were exported mostly to China (€6.08M), France (€3.2M), Netherlands (€1.89M), Spain (€1.75M), and Italy (€1.08M), and were imported mostly from Netherlands (€5.56M), France (€5.09M), Germany (€4.9M), Italy (€3.17M), and China (€2.37M).

Growth In November 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 November 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 (November 2023 - November 2024)€9.19M(92%)
IMPORT GROWTH (November 2023 - November 2024)€7.34M(39.2%)
MAIN DESTINATION (November 2024)China€6.08M

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 (2023)$1.53B
IMPORTS (2023)$559M
NET TRADE (2023)$969M

In 2023, Belgium exported $1.53B in Leather Footwear. The main destinations of Belgium exports on Leather Footwear were France ($453M), Italy ($387M), Netherlands ($322M), Spain ($49.8M), and Greece ($47.3M).

In 2023, Belgium imported $559M in Leather Footwear, mainly from Germany ($138M), France ($88.8M), Italy ($86.5M), Netherlands ($86.4M), and China ($29.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Italy$114M (41.7%)
France$18.8M (4.33%)
Greece$15.4M (48.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Belgium WERE (2022 - 2023):
Israel-$94.4M (-99.5%)
Spain-$35.7M (-41.8%)
Germany-$30.3M (-56.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Leather Footwear were:
China $10.1B
Vietnam $9.4B
Italy $9.05B
In 2023, Belgium's main importing competitors in Leather Footwear were:
United States $11.5B
Germany $5.5B
France $4.02B

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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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