Headgear in Belgium | The Observatory of Economic Complexity

About

Exports In 2022, Belgium exported $111M in Headgear, making it the 16th largest exporter of Headgear in the world. At the same year, Headgear was the 84th most exported product in Belgium. The main destination of Headgear exports from Belgium are: France ($36.4M), Netherlands ($16M), Germany ($15.9M), Italy ($7.78M), and Spain ($4.76M).

The fastest growing export markets for Headgear of Belgium between 2021 and 2022 were Germany ($12.4M), Netherlands ($8.75M), and Poland ($3.35M).

Imports In 2022, Belgium imported $228M in Headgear, becoming the 16th largest importer of Headgear in the world. At the same year, Headgear was the 78th most imported product in Belgium. Belgium imports Headgear primarily from: China ($73.4M), Netherlands ($27.8M), Germany ($27.5M), France ($22.6M), and Vietnam ($16.5M).

The fastest growing import markets in Headgear for Belgium between 2021 and 2022 were Vietnam ($8.24M), Germany ($3.96M), and Japan ($3.58M).

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Headgear exports accounted up to €105k and imports accounted up to €2.03M, resulting in a negative trade balance of €1.92M. Between May 2023 and May 2024 the exports of Belgium's Headgear have decreased by €-2.27M (-95.6%) from €2.38M to €105k, while imports decreased by €-4.16M (-67.3%) from €6.19M to €2.03M.

Destinations In May 2024, Headgear were exported mostly to N/A, and were imported mostly from China (€1.72M), Bangladesh (€177k), Bahrain (€57.3k), Austria (€31.4k), and Czechia (€21.5k).

Growth In May 2024, the decrease in Headgear's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-316k or -47.9%), Canada (€-289k or -59.9%), and United Kingdom (€-114k or -37.8%). In May 2024, the decrease in Headgear's year-by-year imports was explained primarily by a decrease in imports from Germany (€-430k or -27.7%), Sri Lanka (€-160k or -94.6%), and Morocco (€-53.5k or -99.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - May 2024)€-2.27M(-95.6%)

IMPORT GROWTH (May 2023 - May 2024)€-4.16M(-67.3%)

This section shows Headgear'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 Headgear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$111M

IMPORTS (2022)$228M

NET TRADE (2022)-$117M

In 2022, Belgium exported $111M in Headgear. The main destinations of Belgium exports on Headgear were France ($36.4M), Netherlands ($16M), Germany ($15.9M), Italy ($7.78M), and Spain ($4.76M).

In 2022, Belgium imported $228M in Headgear, mainly from China ($73.4M), Netherlands ($27.8M), Germany ($27.5M), France ($22.6M), and Vietnam ($16.5M).

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