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2023
Exports $8.26MWorld Rnk 13 / 135
Flag Rnk 894 / 1216
2023
Destination $1.91M Netherlands
2022 - 2023
FASTEST GROWING MARKET $1.91MNetherlands
2023
Imports $12MWorld Rnk 8 / 193
Flag Rnk 887 / 1213
2023
Origin $1.3M France
2022 - 2023
FASTEST GROWING ORIGIN $1.3MFrance
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $8.26M in Wood Stakes, making it the 13th largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 894th most exported product in Belgium. The main destination of Wood Stakes exports from Belgium are: Netherlands ($6.05M), France ($1.04M), Germany ($442k), United Kingdom ($308k), and Saudi Arabia ($151k).

The fastest growing export markets for Wood Stakes of Belgium between 2022 and 2023 were Netherlands ($1.91M), Saudi Arabia ($86.7k), and Switzerland ($60.3k).

Imports In 2023, Belgium imported $12M in Wood Stakes, becoming the 8th largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 887th most imported product in Belgium. Belgium imports Wood Stakes primarily from: France ($5.14M), Serbia ($1.47M), Netherlands ($982k), United Kingdom ($918k), and Bulgaria ($532k).

The fastest growing import markets in Wood Stakes for Belgium between 2022 and 2023 were France ($1.3M), Netherlands ($470k), and Ukraine ($227k).

Latest Trends

November 2024

About

Overview In November 2024 Belgium's Wood Stakes exports accounted up to €570k and imports accounted up to €352k, resulting in a positive trade balance of €218k. Between November 2023 and November 2024 the exports of Belgium's   Wood Stakes have increased by €103k (21.9%) from €468k to €570k, while imports decreased by €-363k (-50.8%) from €716k to €352k.

Destinations In November 2024, Wood Stakes were exported mostly to Germany (€197k), France (€129k), Luxembourg (€105k), Netherlands (€72.3k), and United Kingdom (€42.1k), and were imported mostly from France (€176k), Netherlands (€35.9k), Serbia (€34.2k), United Kingdom (€31k), and Romania (€23k).

Growth In November 2024, the increase in Wood Stakes's year-by-year exports was explained primarily by an increase in exports to France (€76.3k or 84.8%) and Luxembourg (€26k or 1.02k%). In November 2024, the decrease in Wood Stakes's year-by-year imports was explained primarily by a decrease in imports from Latvia (€-37.6k or -50.6%), Netherlands (€-5.7k or -9.16%), and Bosnia and Herzegovina (€-5.13k or -33.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€103k(21.9%)
IMPORT GROWTH (November 2023 - November 2024)€-363k(-50.8%)
MAIN DESTINATION (November 2024)Germany€197k

This section shows Wood Stakes'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 Wood Stakes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.26M
IMPORTS (2023)$12M
NET TRADE (2023)-$3.7M

In 2023, Belgium exported $8.26M in Wood Stakes. The main destinations of Belgium exports on Wood Stakes were Netherlands ($6.05M), France ($1.04M), Germany ($442k), United Kingdom ($308k), and Saudi Arabia ($151k).

In 2023, Belgium imported $12M in Wood Stakes, mainly from France ($5.14M), Serbia ($1.47M), Netherlands ($982k), United Kingdom ($918k), and Bulgaria ($532k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Netherlands$1.91M (46.1%)
Saudi Arabia$86.7k (134%)
Switzerland$60.3k (453%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Stakes BY Belgium WERE (2022 - 2023):
Denmark-$204k (-90.6%)
Spain-$178k (-93.4%)
Ireland-$51k (-83.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Wood Stakes were:
Poland $35.4M
Latvia $31.6M
Hungary $22.2M
In 2023, Belgium's main importing competitors in Wood Stakes were:
France $38.3M
United Kingdom $35M
Ireland $24.3M

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $606k
TOP IMPORT POTENTIALGermany+ $306k

Wood Stakes’s highest export potential is France. With an export gap of $606k.   Wood Stakes’s highest import potential is Germany with an import gap of $306k.

See methodology.

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