Wood Wool in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $1.16M in Wood Wool, making it the 17th largest exporter of Wood Wool in the world. At the same year, Wood Wool was the 1091st most exported product in Belgium. The main destination of Wood Wool exports from Belgium are: Russia ($602k), Ukraine ($226k), Netherlands ($124k), China ($91.2k), and United States ($33k).

The fastest growing export markets for Wood Wool of Belgium between 2021 and 2022 were China ($91.2k), Luxembourg ($13.6k), and Singapore ($8.52k).

Imports In 2022, Belgium imported $4.27M in Wood Wool, becoming the 8th largest importer of Wood Wool in the world. At the same year, Wood Wool was the 1055th most imported product in Belgium. Belgium imports Wood Wool primarily from: Germany ($2.47M), Netherlands ($1.55M), France ($80.8k), Poland ($38.6k), and Norway ($35k).

The fastest growing import markets in Wood Wool for Belgium between 2021 and 2022 were Poland ($21.5k), Denmark ($19.9k), and France ($14.7k).

Latest Trends

August 2024

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Overview In August 2024 Belgium's Wood Wool exports accounted up to €65.7k and imports accounted up to €295k, resulting in a negative trade balance of €229k. Between August 2023 and August 2024 the exports of Belgium's Wood Wool have increased by €31.4k (91.5%) from €34.3k to €65.7k, while imports increased by €202k (219%) from €92.3k to €295k.

Destinations In August 2024, Wood Wool were exported mostly to Russia (€59.3k), Netherlands (€5.66k), Germany (€302), Switzerland (€268), and Austria (€154), and were imported mostly from Germany (€198k), Netherlands (€87.9k), Poland (€7k), United States (€1.45k), and France (€321).

Growth In August 2024, the increase in Wood Wool's year-by-year exports was explained primarily by an increase in exports to N/A. In August 2024, the increase in Wood Wool's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€31.4k(91.5%)

IMPORT GROWTH (August 2023 - August 2024)€202k(219%)

MAIN DESTINATION (August 2024)Russia€59.3k

This section shows Wood Wool'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 Wool over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.16M

IMPORTS (2022)$4.27M

NET TRADE (2022)-$3.12M

In 2022, Belgium exported $1.16M in Wood Wool. The main destinations of Belgium exports on Wood Wool were Russia ($602k), Ukraine ($226k), Netherlands ($124k), China ($91.2k), and United States ($33k).

In 2022, Belgium imported $4.27M in Wood Wool, mainly from Germany ($2.47M), Netherlands ($1.55M), France ($80.8k), Poland ($38.6k), and Norway ($35k).

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