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2022
Exports $1.69MWorld Rnk 22 / 98
Flag Rnk 1065 / 1213
2022
Destination $191k Germany
2021 - 2022
FASTEST GROWING MARKET $191kUnited States
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn-0.16Rnk 600 / 1025
2022
Imports $14.5MWorld Rnk 12 / 145
Flag Rnk 883 / 1214
2022
Origin $2.13M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $2.13MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.69M in Non-Retail Carded Wool Yarn, making it the 22nd largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 1065th most exported product in Belgium. The main destination of Non-Retail Carded Wool Yarn exports from Belgium are: Germany ($472k), Italy ($236k), United States ($219k), United Kingdom ($203k), and France ($152k).

The fastest growing export markets for Non-Retail Carded Wool Yarn of Belgium between 2021 and 2022 were United States ($191k), France ($146k), and United Kingdom ($124k).

Imports In 2022, Belgium imported $14.5M in Non-Retail Carded Wool Yarn, becoming the 12th largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 883rd most imported product in Belgium. Belgium imports Non-Retail Carded Wool Yarn primarily from: United Kingdom ($5.41M), Portugal ($2.61M), Lithuania ($2.3M), Denmark ($1.8M), and Estonia ($641k).

The fastest growing import markets in Non-Retail Carded Wool Yarn for Belgium between 2021 and 2022 were United Kingdom ($2.13M), Denmark ($642k), and Lithuania ($396k).

Latest Trends

September 2024

About

Overview In September 2024 Belgium's Non-Retail Carded Wool Yarn exports accounted up to €101k and imports accounted up to €443k, resulting in a negative trade balance of €342k. Between September 2023 and September 2024 the exports of Belgium's   Non-Retail Carded Wool Yarn have decreased by €-71.6k (-41.4%) from €173k to €101k, while imports decreased by €-823k (-65%) from €1.27M to €443k.

Destinations In September 2024, Non-Retail Carded Wool Yarn were exported mostly to Germany (€93.6k), France (€5.38k), Netherlands (€971), Finland (€503), and Sweden (€417), and were imported mostly from United Kingdom (€204k), Denmark (€170k), Estonia (€31.6k), Switzerland (€23.7k), and Ireland (€10.2k).

Growth In September 2024, the decrease in Non-Retail Carded Wool Yarn's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-11.6k or -99.9%), Switzerland (€-4.24k or -20%), and Austria (€-1.16k or -98.8%). In September 2024, the decrease in Non-Retail Carded Wool Yarn's year-by-year imports was explained primarily by a decrease in imports from Ireland (€-29.6k or -97.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-71.6k(-41.4%)
IMPORT GROWTH (September 2023 - September 2024)€-823k(-65%)
MAIN DESTINATION (September 2024)Germany€93.6k

This section shows Non-Retail Carded Wool Yarn'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 Non-Retail Carded Wool Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.69M
IMPORTS (2022)$14.5M
NET TRADE (2022)-$12.8M

In 2022, Belgium exported $1.69M in Non-Retail Carded Wool Yarn. The main destinations of Belgium exports on Non-Retail Carded Wool Yarn were Germany ($472k), Italy ($236k), United States ($219k), United Kingdom ($203k), and France ($152k).

In 2022, Belgium imported $14.5M in Non-Retail Carded Wool Yarn, mainly from United Kingdom ($5.41M), Portugal ($2.61M), Lithuania ($2.3M), Denmark ($1.8M), and Estonia ($641k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
United States$191k (670%)
France$146k (2.29k%)
United Kingdom$124k (158%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY Belgium WERE (2021 - 2022):
Sweden-$178k (-99.6%)
Switzerland-$158k (-53.3%)
Germany-$155k (-24.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Non-Retail Carded Wool Yarn were:
Italy $159M
China $104M
Lithuania $75.5M
In 2022, Belgium's main importing competitors in Non-Retail Carded Wool Yarn were:
United Kingdom $71.9M
Hong Kong $41.9M
Netherlands $27.1M

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $165k
TOP IMPORT POTENTIALItaly+ $356k

Non-Retail Carded Wool Yarn’s highest export potential is Netherlands. With an export gap of $165k.   Non-Retail Carded Wool Yarn’s highest import potential is Italy with an import gap of $356k.

See methodology.

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