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2022
Exports $1.65BWorld Rnk 25 / 226
Flag Rnk 38 / 96
2022
Destination $83.5M France
2021 - 2022
FASTEST GROWING MARKET $83.5MFrance
2022
PRODUCT COMPLEXITY IN Non-knitted clothing accesories-0.62Rnk 737 / 1025
2022
Imports $3.49BWorld Rnk 16 / 226
Flag Rnk 26 / 96
2022
Origin $37.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $37.1MPoland
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $1.65B in Non-knitted clothing accesories, making it the 25th largest exporter of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 38th most exported product in Belgium. The main destination of Non-knitted clothing accesories exports from Belgium are: France ($506M), Netherlands ($224M), Germany ($183M), Italy ($159M), and Poland ($91.7M).

The fastest growing export markets for Non-knitted clothing accesories of Belgium between 2021 and 2022 were France ($83.5M), Poland ($55.6M), and Germany ($42.5M).

Imports In 2022, Belgium imported $3.49B in Non-knitted clothing accesories, becoming the 16th largest importer of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 26th most imported product in Belgium. Belgium imports Non-knitted clothing accesories primarily from: Germany ($538M), China ($533M), France ($445M), Netherlands ($352M), and Vietnam ($178M).

The fastest growing import markets in Non-knitted clothing accesories for Belgium between 2021 and 2022 were Poland ($37.1M), Vietnam ($33.9M), and France ($29.5M).

COMPANIES In 2023, leading companies such as ASOS (3) and Volvo (3) were at the forefront of shipping Non-knitted clothing accesories from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Non-knitted clothing accesories exports accounted up to €6.94M and imports accounted up to €15.1M, resulting in a negative trade balance of €8.13M. Between May 2023 and May 2024 the exports of Belgium's   Non-knitted clothing accesories have decreased by €-60.6M (-89.7%) from €67.5M to €6.94M, while imports decreased by €-127M (-89.4%) from €142M to €15.1M.

Destinations In May 2024, Non-knitted clothing accesories were exported mostly to Switzerland (€3.35M), United Arab Emirates (€1M), China (€848k), Austria (€612k), and Czechia (€568k), and were imported mostly from China (€7.87M), Bangladesh (€4.53M), Czechia (€1.46M), Austria (€582k), and Bulgaria (€461k).

Growth In May 2024, the decrease in Non-knitted clothing accesories's year-by-year exports was explained primarily by a decrease in exports to Ireland (€-1.07M or -34.6%), Spain (€-933k or -18.1%), and Canada (€-294k or -8.97%). In May 2024, the decrease in Non-knitted clothing accesories's year-by-year imports was explained primarily by a decrease in imports from Bangladesh (€-3.81M or -30.5%), China (€-3.51M or -16.5%), and Indonesia (€-1.31M or -39.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-60.6M(-89.7%)
IMPORT GROWTH (May 2023 - May 2024)€-127M(-89.4%)
MAIN DESTINATION (May 2024)Switzerland€3.35M

This section shows Non-knitted clothing accesories'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 Non-knitted clothing accesories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.65B
IMPORTS (2022)$3.49B
NET TRADE (2022)-$1.84B

In 2022, Belgium exported $1.65B in Non-knitted clothing accesories. The main destinations of Belgium exports on Non-knitted clothing accesories were France ($506M), Netherlands ($224M), Germany ($183M), Italy ($159M), and Poland ($91.7M).

In 2022, Belgium imported $3.49B in Non-knitted clothing accesories, mainly from Germany ($538M), China ($533M), France ($445M), Netherlands ($352M), and Vietnam ($178M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-knitted clothing accesories EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$83.5M (19.8%)
Poland$55.6M (154%)
Germany$42.5M (30.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-knitted clothing accesories BY Belgium WERE (2021 - 2022):
United Kingdom-$59.3M (-71.4%)
Greece-$2.61M (-12.2%)
China-$2.52M (-12.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Non-knitted clothing accesories were:
China $75.3B
Bangladesh $24.3B
Vietnam $17.5B
In 2022, Belgium's main importing competitors in Non-knitted clothing accesories were:
United States $46.5B
Germany $24.4B
France $12.6B

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Trade Value of Non-knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $166M
TOP IMPORT POTENTIALGermany+ $209M

Non-knitted clothing accesories’s highest export potential is Germany. With an export gap of $166M.   Non-knitted clothing accesories’s highest import potential is Germany with an import gap of $209M.

See methodology.

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