Furskins, articifial fur, & articles in Belgium | The Observatory of Economic Complexity

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Exports In 2022, Belgium exported $8.4M in Furskins, articifial fur, & articles, making it the 33rd largest exporter of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 94th most exported product in Belgium. The main destination of Furskins, articifial fur, & articles exports from Belgium are: Germany ($3.47M), United States ($1.04M), Portugal ($887k), Netherlands ($689k), and Spain ($539k).

The fastest growing export markets for Furskins, articifial fur, & articles of Belgium between 2021 and 2022 were United States ($964k), Portugal ($464k), and Spain ($461k).

Imports In 2022, Belgium imported $13.5M in Furskins, articifial fur, & articles, becoming the 32nd largest importer of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 95th most imported product in Belgium. Belgium imports Furskins, articifial fur, & articles primarily from: China ($3.63M), Netherlands ($1.8M), Italy ($1.36M), France ($1.25M), and Germany ($1.16M).

The fastest growing import markets in Furskins, articifial fur, & articles for Belgium between 2021 and 2022 were Ukraine ($652k), Canada ($470k), and Netherlands ($270k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (10) and Hall's Warehouse (3) were at the forefront of shipping Furskins, articifial fur, & articles from Belgium to the United States.

Latest Trends

May 2024

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Overview In May 2024 Belgium's Furskins, articifial fur, & articles exports accounted up to €2.73k and imports accounted up to €153k, resulting in a negative trade balance of €150k. Between May 2023 and May 2024 the exports of Belgium's Furskins, articifial fur, & articles have decreased by €-219k (-98.8%) from €222k to €2.73k, while imports decreased by €-501k (-76.6%) from €654k to €153k.

Destinations In May 2024, Furskins, articifial fur, & articles were exported mostly to Australia (€1.88k), China (€302), Switzerland (€232), Czechia (€198), and Bulgaria (€106), and were imported mostly from China (€146k), Brazil (€6.68k), and Czechia (€16).

Growth In May 2024, the decrease in Furskins, articifial fur, & articles's year-by-year exports was explained primarily by a decrease in exports to United States (€-188k or -97.4%), Germany (€-118k or -91%), and China (€-27.3k or -82%). In May 2024, the decrease in Furskins, articifial fur, & articles's year-by-year imports was explained primarily by a decrease in imports from China (€-353k or -96.7%), Netherlands (€-86.3k or -71.1%), and Germany (€-69.4k or -37.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - May 2024)€-219k(-98.8%)

IMPORT GROWTH (May 2023 - May 2024)€-501k(-76.6%)

MAIN DESTINATION (May 2024)Australia€1.88k

This section shows Furskins, articifial fur, & articles'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 Furskins, articifial fur, & articles over time.

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