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2023
Exports $195MWorld Rnk 18 / 160
Flag Rnk 315 / 1216
2023
Destination $11.1M China
2022 - 2023
FASTEST GROWING MARKET $11.1MVietnam
2023
PRODUCT COMPLEXITY IN Rough Wood-1.34Rnk 910 / 1025
2023
Imports $246MWorld Rnk 9 / 205
Flag Rnk 270 / 1213
2023
Origin $9.09M France
2022 - 2023
FASTEST GROWING ORIGIN $9.09MNetherlands
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $195M in Rough Wood, making it the 18th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 315th most exported product in Belgium. The main destination of Rough Wood exports from Belgium are: China ($54M), Germany ($43.3M), Vietnam ($28.1M), France ($20.6M), and Netherlands ($13.2M).

The fastest growing export markets for Rough Wood of Belgium between 2022 and 2023 were Vietnam ($11.1M), India ($2.65M), and Netherlands ($1.83M).

Imports In 2023, Belgium imported $246M in Rough Wood, becoming the 9th largest importer of Rough Wood in the world. At the same year, Rough Wood was the 270th most imported product in Belgium. Belgium imports Rough Wood primarily from: France ($83.2M), Germany ($52.4M), Netherlands ($42.6M), Latvia ($16.3M), and Luxembourg ($12.6M).

The fastest growing import markets in Rough Wood for Belgium between 2022 and 2023 were Netherlands ($9.09M), United Kingdom ($5.64M), and Norway ($3.31M).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Rough Wood exports accounted up to €18.5M and imports accounted up to €14.7M, resulting in a positive trade balance of €3.84M. Between November 2023 and November 2024 the exports of Belgium's   Rough Wood have increased by €6.87M (58.9%) from €11.7M to €18.5M, while imports increased by €6.49M (79%) from €8.22M to €14.7M.

Destinations In November 2024, Rough Wood were exported mostly to China (€7.09M), Germany (€4.49M), Vietnam (€3.42M), France (€1.14M), and Netherlands (€909k), and were imported mostly from Germany (€6.36M), France (€3.33M), Netherlands (€2.17M), Luxembourg (€843k), and Slovenia (€589k).

Growth In November 2024, the increase in Rough Wood's year-by-year exports was explained primarily by an increase in exports to Germany (€2.08M or 436%), Morocco (€342k or 645%), and Netherlands (€221k or 20.7%). In November 2024, the increase in Rough Wood's year-by-year imports was explained primarily by an increase in imports from Latvia (€3.33M or 3.22k%), Lithuania (€2.97M or 4.79k%), and Netherlands (€1.99M or 119%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€6.87M(58.9%)
IMPORT GROWTH (November 2023 - November 2024)€6.49M(79%)
MAIN DESTINATION (November 2024)China€7.09M

This section shows Rough Wood'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 Rough Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$195M
IMPORTS (2023)$246M
NET TRADE (2023)-$51.5M

In 2023, Belgium exported $195M in Rough Wood. The main destinations of Belgium exports on Rough Wood were China ($54M), Germany ($43.3M), Vietnam ($28.1M), France ($20.6M), and Netherlands ($13.2M).

In 2023, Belgium imported $246M in Rough Wood, mainly from France ($83.2M), Germany ($52.4M), Netherlands ($42.6M), Latvia ($16.3M), and Luxembourg ($12.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Vietnam$11.1M (65.2%)
India$2.65M (36.7%)
Netherlands$1.83M (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY Belgium WERE (2022 - 2023):
China-$12.3M (-18.6%)
France-$5.24M (-20.3%)
South Korea-$1.6M (-97%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Rough Wood were:
New Zealand $2.19B
United States $1.67B
Germany $1.1B
In 2023, Belgium's main importing competitors in Rough Wood were:
China $5.64B
India $836M
Austria $824M

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19M
TOP IMPORT POTENTIALGermany+ $15.4M

Rough Wood’s highest export potential is Germany. With an export gap of $19M.   Rough Wood’s highest import potential is Germany with an import gap of $15.4M.

See methodology.

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