Synthetic Reconstructed Jewellery Stones in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $101M in Synthetic Reconstructed Jewellery Stones, making it the 7th largest exporter of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 436th most exported product in Belgium. The main destination of Synthetic Reconstructed Jewellery Stones exports from Belgium are: India ($47.3M), United States ($32.3M), United Kingdom ($6.48M), Hong Kong ($4.18M), and United Arab Emirates ($2.19M).

The fastest growing export markets for Synthetic Reconstructed Jewellery Stones of Belgium between 2021 and 2022 were China ($683k), Canada ($294k), and Malaysia ($160k).

Imports In 2022, Belgium imported $105M in Synthetic Reconstructed Jewellery Stones, becoming the 7th largest importer of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 501st most imported product in Belgium. Belgium imports Synthetic Reconstructed Jewellery Stones primarily from: India ($45.9M), United Arab Emirates ($24.8M), United States ($16.6M), Netherlands ($5.06M), and Israel ($4.95M).

The fastest growing import markets in Synthetic Reconstructed Jewellery Stones for Belgium between 2021 and 2022 were Netherlands ($4.93M), United Arab Emirates ($1.67M), and United States ($1.08M).

COMPANIES In 2023, leading companies such as RHI US LTD (18) were at the forefront of shipping Synthetic Reconstructed Jewellery Stones from Belgium to the United States.

Latest Trends

December 2023

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Overview In December 2023 Belgium's Synthetic Reconstructed Jewellery Stones exports accounted up to €3.93M and imports accounted up to €3.06M, resulting in a positive trade balance of €874k. Between December 2022 and December 2023 the exports of Belgium's Synthetic Reconstructed Jewellery Stones have decreased by €-7.5M (-65.6%) from €11.4M to €3.93M, while imports decreased by €-7.37M (-70.7%) from €10.4M to €3.06M.

Destinations In December 2023, Synthetic Reconstructed Jewellery Stones were exported mostly to India (€1.04M), United States (€860k), France (€697k), United Arab Emirates (€605k), and Netherlands (€129k), and were imported mostly from India (€1.5M), United States (€1.2M), China (€146k), Netherlands (€123k), and Switzerland (€51.8k).

Growth In December 2023, the decrease in Synthetic Reconstructed Jewellery Stones's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-253k or -32.2%), Canada (€-241k or -95.1%), and Switzerland (€-127k or -62.1%). In December 2023, the decrease in Synthetic Reconstructed Jewellery Stones's year-by-year imports was explained primarily by a decrease in imports from China (€-1.97M or -98%), Israel (€-1.29M or -84.2%), and Switzerland (€-28.2k or -59.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-7.5M(-65.6%)

IMPORT GROWTH (December 2022 - December 2023)€-7.37M(-70.7%)

MAIN DESTINATION (December 2023)India€1.04M

This section shows Synthetic Reconstructed Jewellery Stones'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 Synthetic Reconstructed Jewellery Stones over time.

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