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2022
ExportsfalseWorld Rnk 14 / 204
Flag Rnk 80 / 96
2021 - 2022
FASTEST GROWING MARKET $2.1MSpain
2022
PRODUCT COMPLEXITY IN Special woven fabrics and tapestries0.3Rnk 447 / 1025
2022
Origin $3.24M China
2021 - 2022
FASTEST GROWING ORIGIN $3.24MGermany
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $180M in Special woven fabrics and tapestries, making it the 14th largest exporter of Special woven fabrics and tapestries in the world. At the same year, Special woven fabrics and tapestries was the 80th most exported product in Belgium. The main destination of Special woven fabrics and tapestries exports from Belgium are: United Kingdom ($35.6M), France ($19.5M), Poland ($17.2M), Netherlands ($13.7M), and Germany ($13.4M).

The fastest growing export markets for Special woven fabrics and tapestries of Belgium between 2021 and 2022 were Spain ($2.1M), Hungary ($1.59M), and Switzerland ($1.31M).

The fastest growing import markets in Special woven fabrics and tapestries for Belgium between 2021 and 2022 were Germany ($3.24M), Hungary ($3.12M), and Spain ($485k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (2) were at the forefront of shipping Special woven fabrics and tapestries from Belgium to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Belgium's Special woven fabrics and tapestries exports accounted up to €768k and imports accounted up to €1.11M, resulting in a negative trade balance of €347k. Between May 2023 and May 2024 the exports of Belgium's   Special woven fabrics and tapestries have decreased by €-10.8M (-93.3%) from €11.5M to €768k, while imports decreased by €-4.9M (-81.5%) from €6.01M to €1.11M.

Destinations In May 2024, Special woven fabrics and tapestries were exported mostly to N/A, and were imported mostly from China (€1.08M), Switzerland (€23.1k), Czechia (€6.12k), Bulgaria (€5.91k), and Austria (€4.46k).

Growth In May 2024, the decrease in Special woven fabrics and tapestries's year-by-year exports was explained primarily by a decrease in exports to Austria (€-191k or -40.2%), Tunisia (€-182k or -28%), and Sweden (€-61.6k or -67.1%). In May 2024, the decrease in Special woven fabrics and tapestries's year-by-year imports was explained primarily by a decrease in imports from China (€-690k or -35.8%), Turkey (€-569k or -63%), and Italy (€-156k or -34.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)€-10.8M(-93.3%)
IMPORT GROWTH (May 2023 - May 2024)€-4.9M(-81.5%)

This section shows Special woven fabrics and tapestries'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 Special woven fabrics and tapestries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$180M

In 2022, Belgium exported $180M in Special woven fabrics and tapestries. The main destinations of Belgium exports on Special woven fabrics and tapestries were United Kingdom ($35.6M), France ($19.5M), Poland ($17.2M), Netherlands ($13.7M), and Germany ($13.4M).

In N/A, Belgium imported N/A in Special woven fabrics and tapestries, mainly from China ($23.5M), Germany ($14.3M), France ($14.2M), Italy ($11.7M), and Netherlands ($9.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special woven fabrics and tapestries EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Spain$2.1M (37.7%)
Hungary$1.59M (127%)
Switzerland$1.31M (98.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special woven fabrics and tapestries BY Belgium WERE (2021 - 2022):
United Kingdom-$13.6M (-27.7%)
Tunisia-$1.79M (-21.7%)
Germany-$1.51M (-10.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Special woven fabrics and tapestries were:
China $5.74B
Chinese Taipei $592M
Italy $558M
In 2022, Belgium's main importing competitors in Special woven fabrics and tapestries were:
United States $990M
Vietnam $988M
Bangladesh $588M

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Trade Value of Special woven fabrics and tapestries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.97M
TOP IMPORT POTENTIALChina+ $6.72M

Special woven fabrics and tapestries’s highest export potential is Germany. With an export gap of $6.97M.   Special woven fabrics and tapestries’s highest import potential is China with an import gap of $6.72M.

See methodology.

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