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2022
Exports $4.85MWorld Rnk 22 / 98
Flag Rnk 963 / 1213
2022
Destination $868k Romania
2021 - 2022
FASTEST GROWING MARKET $868kRomania
2022
PRODUCT COMPLEXITY IN Non-Retail Combed Wool Yarn0.26Rnk 467 / 1025
2022
Imports $11.5MWorld Rnk 26 / 148
Flag Rnk 927 / 1214
2022
Origin $1.79M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.79MPoland
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $4.85M in Non-Retail Combed Wool Yarn, making it the 22nd largest exporter of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 963rd most exported product in Belgium. The main destination of Non-Retail Combed Wool Yarn exports from Belgium are: Romania ($1.46M), Morocco ($1.09M), France ($769k), Portugal ($645k), and Spain ($306k).

The fastest growing export markets for Non-Retail Combed Wool Yarn of Belgium between 2021 and 2022 were Romania ($868k), Germany ($131k), and Portugal ($103k).

Imports In 2022, Belgium imported $11.5M in Non-Retail Combed Wool Yarn, becoming the 26th largest importer of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 927th most imported product in Belgium. Belgium imports Non-Retail Combed Wool Yarn primarily from: Italy ($4.08M), Poland ($3.32M), China ($1.16M), Germany ($1M), and India ($783k).

The fastest growing import markets in Non-Retail Combed Wool Yarn for Belgium between 2021 and 2022 were Poland ($1.79M), India ($584k), and Italy ($460k).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Non-Retail Combed Wool Yarn exports accounted up to €107k and imports accounted up to €585k, resulting in a negative trade balance of €478k. Between August 2023 and August 2024 the exports of Belgium's   Non-Retail Combed Wool Yarn have decreased by €-72.2k (-40.2%) from €180k to €107k, while imports increased by €143k (32.3%) from €442k to €585k.

Destinations In August 2024, Non-Retail Combed Wool Yarn were exported mostly to France (€66.2k), Spain (€17.7k), Portugal (€12k), United Kingdom (€5.97k), and Netherlands (€4.63k), and were imported mostly from Germany (€577k), Portugal (€6.93k), Italy (€989), United Kingdom (€592), and China (€5).

Growth In August 2024, the decrease in Non-Retail Combed Wool Yarn's year-by-year exports was explained primarily by a decrease in exports to Spain (€-11.3k or -31.3%) and Turkey (€-666 or -98.5%). In August 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 (August 2023 - August 2024)€-72.2k(-40.2%)
IMPORT GROWTH (August 2023 - August 2024)€143k(32.3%)
MAIN DESTINATION (August 2024)France€66.2k

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 (2022)$4.85M
IMPORTS (2022)$11.5M
NET TRADE (2022)-$6.69M

In 2022, Belgium exported $4.85M in Non-Retail Combed Wool Yarn. The main destinations of Belgium exports on Non-Retail Combed Wool Yarn were Romania ($1.46M), Morocco ($1.09M), France ($769k), Portugal ($645k), and Spain ($306k).

In 2022, Belgium imported $11.5M in Non-Retail Combed Wool Yarn, mainly from Italy ($4.08M), Poland ($3.32M), China ($1.16M), Germany ($1M), and India ($783k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Combed Wool Yarn EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Romania$868k (148%)
Germany$131k (253%)
Portugal$103k (19.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Combed Wool Yarn BY Belgium WERE (2021 - 2022):
France-$562k (-42.2%)
Italy-$240k (-67.9%)
Netherlands-$152k (-74.5%)
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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 Combed Wool Yarn were:
China $265M
Italy $249M
Germany $122M
In 2022, Belgium's main importing competitors in Non-Retail Combed Wool Yarn were:
Italy $324M
Germany $147M
United Kingdom $73.3M

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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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