Non-knitted clothing accesories in Belgium | The Observatory of Economic Complexity

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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 US SALES LLC (6) were at the forefront of shipping Non-knitted clothing accesories from Belgium to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Belgium's Non-knitted clothing accesories exports accounted up to €75.5M and imports accounted up to €128M, resulting in a negative trade balance of €52.8M. Between December 2022 and December 2023 the exports of Belgium's Non-knitted clothing accesories have decreased by €-45M (-37.4%) from €120M to €75.5M, while imports decreased by €-48.5M (-27.4%) from €177M to €128M.

Destinations In December 2023, Non-knitted clothing accesories were exported mostly to France (€16.9M), Netherlands (€13.8M), Germany (€9.89M), Spain (€4.98M), and Poland (€4.28M), and were imported mostly from Netherlands (€20M), Germany (€16.4M), Spain (€14.3M), France (€13.3M), and China (€12M).

Growth In December 2023, 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 December 2023, 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-45M(-37.4%)

IMPORT GROWTH (December 2022 - December 2023)€-48.5M(-27.4%)

MAIN DESTINATION (December 2023)France€16.9M

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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