2022
Exports
$33.6MWorld Rnk 15 / 173
Flag Rnk 91 / 96
2022
PRODUCT COMPLEXITY IN Vegetable plaiting materials & products, n.e.s.
-1.61Rnk 961 / 1025
2022
Imports
$27.4MWorld Rnk 16 / 201
Flag Rnk 93 / 96
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $33.6M in Vegetable plaiting materials & products, n.e.s., making it the 15th largest exporter of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 91st most exported product in Belgium. The main destination of Vegetable plaiting materials & products, n.e.s. exports from Belgium are: France ($18.9M), Netherlands ($7.91M), Germany ($4.65M), Luxembourg ($511k), and United Kingdom ($228k).

The fastest growing export markets for Vegetable plaiting materials & products, n.e.s. of Belgium between 2021 and 2022 were Luxembourg ($236k), Denmark ($52.4k), and Poland ($47.5k).

Imports In 2022, Belgium imported $27.4M in Vegetable plaiting materials & products, n.e.s., becoming the 16th largest importer of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 93rd most imported product in Belgium. Belgium imports Vegetable plaiting materials & products, n.e.s. primarily from: Netherlands ($6.51M), China ($4.28M), France ($3.42M), Portugal ($3.15M), and Spain ($2.87M).

The fastest growing import markets in Vegetable plaiting materials & products, n.e.s. for Belgium between 2021 and 2022 were China ($2.83M), Netherlands ($1.46M), and Peru ($869k).

COMPANIES In 2023, leading companies such as Diageo Beverages (1) were at the forefront of shipping Vegetable plaiting materials & products, n.e.s. from Belgium to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-1.13M(-41%)
IMPORT GROWTH (May 2023 - May 2024)€-2.08M(-86.8%)
MAIN DESTINATION (May 2024)Germany€1.58M

This section shows Vegetable plaiting materials & products, n.e.s.'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 Vegetable plaiting materials & products, n.e.s. over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.6M
IMPORTS (2022)$27.4M
NET TRADE (2022)$6.17M

In 2022, Belgium exported $33.6M in Vegetable plaiting materials & products, n.e.s.. The main destinations of Belgium exports on Vegetable plaiting materials & products, n.e.s. were France ($18.9M), Netherlands ($7.91M), Germany ($4.65M), Luxembourg ($511k), and United Kingdom ($228k).

In 2022, Belgium imported $27.4M in Vegetable plaiting materials & products, n.e.s., mainly from Netherlands ($6.51M), China ($4.28M), France ($3.42M), Portugal ($3.15M), and Spain ($2.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable plaiting materials & products, n.e.s. EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Luxembourg$236k (86.1%)
Denmark$52.4k (47.2%)
Poland$47.5k (56.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable plaiting materials & products, n.e.s. BY Belgium WERE (2021 - 2022):
France-$6.37M (-25.2%)
United Kingdom-$1.75M (-88.5%)
Germany-$1.2M (-20.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Vegetable plaiting materials & products, n.e.s. were:
In 2022, Belgium's main importing competitors in Vegetable plaiting materials & products, n.e.s. were:

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Trade Value of Vegetable plaiting materials & products, n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.6M
TOP IMPORT POTENTIALGermany+ $368k

Vegetable plaiting materials & products, n.e.s.’s highest export potential is Germany. With an export gap of $1.6M.   Vegetable plaiting materials & products, n.e.s.’s highest import potential is Germany with an import gap of $368k.

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