2023
Exports
$36.4MWorld Rnk 11 / 123
Flag Rnk 631 / 1216
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.55Rnk 36 / 1025
2023
Imports
$11.2MWorld Rnk 34 / 183
Flag Rnk 896 / 1213
2023
ECONOMIC COMPLEXITY of Belgium
1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $36.4M in Textile Fiber Machinery, making it the 11th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 631st most exported product in Belgium. The main destination of Textile Fiber Machinery exports from Belgium are: France ($14.4M), China ($3.84M), Uzbekistan ($2.78M), United States ($2.39M), and Turkey ($2.34M).

The fastest growing export markets for Textile Fiber Machinery of Belgium between 2022 and 2023 were France ($4.15M), Uzbekistan ($2.78M), and South Korea ($1.73M).

Imports In 2023, Belgium imported $11.2M in Textile Fiber Machinery, becoming the 34th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 896th most imported product in Belgium. Belgium imports Textile Fiber Machinery primarily from: Germany ($2.98M), Italy ($2.61M), Turkey ($1.53M), France ($1.41M), and Netherlands ($809k).

The fastest growing import markets in Textile Fiber Machinery for Belgium between 2022 and 2023 were Italy ($1.82M), Turkey ($1.46M), and France ($1.22M).

COMPANIES In 2023, leading companies such as Design Within Reach (1) were at the forefront of shipping Textile Fiber Machinery from Belgium to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€887k(138%)
IMPORT GROWTH (November 2023 - November 2024)€-461k(-60.2%)
MAIN DESTINATION (November 2024)United Kingdom€538k

This section shows Textile Fiber Machinery'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 Textile Fiber Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$36.4M
IMPORTS (2023)$11.2M
NET TRADE (2023)$25.2M

In 2023, Belgium exported $36.4M in Textile Fiber Machinery. The main destinations of Belgium exports on Textile Fiber Machinery were France ($14.4M), China ($3.84M), Uzbekistan ($2.78M), United States ($2.39M), and Turkey ($2.34M).

In 2023, Belgium imported $11.2M in Textile Fiber Machinery, mainly from Germany ($2.98M), Italy ($2.61M), Turkey ($1.53M), France ($1.41M), and Netherlands ($809k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
France$4.15M (40.6%)
Uzbekistan$2.78M (1%)
South Korea$1.73M (864%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Belgium WERE (2022 - 2023):
India-$24.9M (-93.8%)
Nicaragua-$1.47M (-100%)
Poland-$1.33M (-99.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Textile Fiber Machinery were:
In 2023, Belgium's main importing competitors in Textile Fiber Machinery were:
China $627M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.4M
TOP IMPORT POTENTIALGermany+ $1.51M

Textile Fiber Machinery’s highest export potential is China. With an export gap of $2.4M.   Textile Fiber Machinery’s highest import potential is Germany with an import gap of $1.51M.

See methodology.

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