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Exports In 2022, Belgium exported $23.9M in Wool Grease, making it the 4th largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 710th most exported product in Belgium. The main destination of Wool Grease exports from Belgium are: France ($4.53M), United States ($2.74M), Italy ($2.35M), Germany ($2.29M), and Greece ($1.91M).

The fastest growing export markets for Wool Grease of Belgium between 2021 and 2022 were Greece ($605k), Bulgaria ($356k), and Serbia ($249k).

Imports In 2022, Belgium imported $16.1M in Wool Grease, becoming the 5th largest importer of Wool Grease in the world. At the same year, Wool Grease was the 866th most imported product in Belgium. Belgium imports Wool Grease primarily from: China ($8.9M), Japan ($1.71M), New Zealand ($1.09M), Germany ($1.04M), and Netherlands ($721k).

The fastest growing import markets in Wool Grease for Belgium between 2021 and 2022 were China ($4.8M), Germany ($790k), and Japan ($607k).

COMPANIES In 2023, leading companies such as John Deere (4) were at the forefront of shipping Wool Grease from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-1.18M(-69.9%)
IMPORT GROWTH (May 2023 - May 2024)€-654k(-57.7%)
MAIN DESTINATION (May 2024)Bulgaria€154k

This section shows Wool Grease'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 Wool Grease over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.9M
IMPORTS (2022)$16.1M
NET TRADE (2022)$7.73M

In 2022, Belgium exported $23.9M in Wool Grease. The main destinations of Belgium exports on Wool Grease were France ($4.53M), United States ($2.74M), Italy ($2.35M), Germany ($2.29M), and Greece ($1.91M).

In 2022, Belgium imported $16.1M in Wool Grease, mainly from China ($8.9M), Japan ($1.71M), New Zealand ($1.09M), Germany ($1.04M), and Netherlands ($721k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Greece$605k (46.2%)
Bulgaria$356k (108%)
Serbia$249k (244%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool Grease BY Belgium WERE (2021 - 2022):
Russia-$612k (-100%)
France-$590k (-11.5%)
Senegal-$341k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Wool Grease were:
In 2022, Belgium's main importing competitors in Wool Grease were:

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.33M
TOP IMPORT POTENTIALGermany+ $502k

Wool Grease’s highest export potential is Germany. With an export gap of $1.33M.   Wool Grease’s highest import potential is Germany with an import gap of $502k.

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