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2023
Exports $3.52MWorld Rnk 25 / 98
Flag Rnk 998 / 1216
2023
Destination $833k Morocco
2022 - 2023
FASTEST GROWING MARKET $833kMorocco
2023
PRODUCT COMPLEXITY IN Non-Retail Combed Wool Yarn0.3Rnk 458 / 1025
2023
Imports $9.19MWorld Rnk 27 / 145
Flag Rnk 928 / 1213
2023
Origin $237k Germany
2022 - 2023
FASTEST GROWING ORIGIN $237kSpain
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $3.52M in Non-Retail Combed Wool Yarn, making it the 25th largest exporter of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 998th most exported product in Belgium. The main destination of Non-Retail Combed Wool Yarn exports from Belgium are: Morocco ($1.92M), Romania ($532k), Portugal ($328k), France ($305k), and Italy ($84.1k).

The fastest growing export markets for Non-Retail Combed Wool Yarn of Belgium between 2022 and 2023 were Morocco ($833k), France ($151k), and India ($55.4k).

Imports In 2023, Belgium imported $9.19M in Non-Retail Combed Wool Yarn, becoming the 27th largest importer of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 928th most imported product in Belgium. Belgium imports Non-Retail Combed Wool Yarn primarily from: Germany ($3.43M), Poland ($2.06M), Italy ($1.46M), China ($802k), and France ($461k).

The fastest growing import markets in Non-Retail Combed Wool Yarn for Belgium between 2022 and 2023 were Spain ($237k), United Kingdom ($150k), and Netherlands ($95.1k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Non-Retail Combed Wool Yarn exports accounted up to €337k and imports accounted up to €846k, resulting in a negative trade balance of €508k. Between November 2023 and November 2024 the exports of Belgium's   Non-Retail Combed Wool Yarn have increased by €242k (254%) from €95.3k to €337k, while imports increased by €533k (170%) from €313k to €846k.

Destinations In November 2024, Non-Retail Combed Wool Yarn were exported mostly to France (€206k), Lithuania (€112k), United Kingdom (€5.19k), United States (€4.88k), and Turkey (€4.18k), and were imported mostly from Germany (€538k), Italy (€132k), Lithuania (€115k), Austria (€41.4k), and France (€14.1k).

Growth In November 2024, the increase in Non-Retail Combed Wool Yarn's year-by-year exports was explained primarily by an increase in exports to France (€45.5k or 30.2%), Germany (€18.8k or 1.33k%), and Portugal (€3.55k or 28.2%). In November 2024, the increase in Non-Retail Combed Wool Yarn's year-by-year imports was explained primarily by an increase in imports from Germany (€181k or 196%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€242k(254%)
IMPORT GROWTH (November 2023 - November 2024)€533k(170%)
MAIN DESTINATION (November 2024)France€206k

This section shows Non-Retail Combed 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 Combed Wool Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.52M
IMPORTS (2023)$9.19M
NET TRADE (2023)-$5.67M

In 2023, Belgium exported $3.52M in Non-Retail Combed Wool Yarn. The main destinations of Belgium exports on Non-Retail Combed Wool Yarn were Morocco ($1.92M), Romania ($532k), Portugal ($328k), France ($305k), and Italy ($84.1k).

In 2023, Belgium imported $9.19M in Non-Retail Combed Wool Yarn, mainly from Germany ($3.43M), Poland ($2.06M), Italy ($1.46M), China ($802k), and France ($461k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Combed Wool Yarn EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Morocco$833k (76.4%)
France$151k (97.3%)
India$55.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Combed Wool Yarn BY Belgium WERE (2022 - 2023):
Romania-$873k (-62.1%)
Portugal-$227k (-40.9%)
Spain-$215k (-88.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Non-Retail Combed Wool Yarn were:
China $209M
Italy $203M
India $126M
In 2023, Belgium's main importing competitors in Non-Retail Combed Wool Yarn were:
Italy $336M
Germany $121M
Japan $76.9M

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Trade Value of Non-Retail Combed Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $322k
TOP IMPORT POTENTIALGermany+ $934k

Non-Retail Combed Wool Yarn’s highest export potential is Germany. With an export gap of $322k.   Non-Retail Combed Wool Yarn’s highest import potential is Germany with an import gap of $934k.

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