2022
Exports
$3.42BWorld Rnk 17 / 226
Flag Rnk 25 / 96
2022
PRODUCT COMPLEXITY IN Knitted clothing accesories
-0.71Rnk 761 / 1025
2022
Imports
$5.17BWorld Rnk 12 / 224
Flag Rnk 16 / 96
2022
ECONOMIC COMPLEXITY of Belgium
1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $3.42B in Knitted clothing accesories, making it the 17th largest exporter of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 25th most exported product in Belgium. The main destination of Knitted clothing accesories exports from Belgium are: France ($908M), Germany ($593M), Italy ($405M), Netherlands ($368M), and Spain ($203M).

The fastest growing export markets for Knitted clothing accesories of Belgium between 2021 and 2022 were Germany ($394M), France ($283M), and Netherlands ($157M).

Imports In 2022, Belgium imported $5.17B in Knitted clothing accesories, becoming the 12th largest importer of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 16th most imported product in Belgium. Belgium imports Knitted clothing accesories primarily from: China ($734M), Germany ($666M), Netherlands ($469M), Bangladesh ($433M), and France ($415M).

The fastest growing import markets in Knitted clothing accesories for Belgium between 2021 and 2022 were Cambodia ($132M), Bangladesh ($82M), and Pakistan ($61.6M).

COMPANIES In 2023, leading companies such as JOHN DEERE COMMERCIAL PRODUCTS (5), ASOS US SALES LLC (1), and VOLKSWAGEN GROUP OF AMERICA INC. (1) were at the forefront of shipping Knitted clothing accesories from Belgium to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)€13.8M(16.6%)
IMPORT GROWTH (January 2023 - January 2024)€-27.6M(-13.4%)
MAIN DESTINATION (January 2024)Germany€25M

This section shows 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 Knitted clothing accesories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.42B
IMPORTS (2022)$5.17B
NET TRADE (2022)-$1.74B

In 2022, Belgium exported $3.42B in Knitted clothing accesories. The main destinations of Belgium exports on Knitted clothing accesories were France ($908M), Germany ($593M), Italy ($405M), Netherlands ($368M), and Spain ($203M).

In 2022, Belgium imported $5.17B in Knitted clothing accesories, mainly from China ($734M), Germany ($666M), Netherlands ($469M), Bangladesh ($433M), and France ($415M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted clothing accesories EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Germany$394M (199%)
France$283M (45.2%)
Netherlands$157M (74.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted clothing accesories BY Belgium WERE (2021 - 2022):
United Kingdom-$62.5M (-64.4%)
Saudi Arabia-$2.26M (-92.3%)
Russia-$998k (-62.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Knitted clothing accesories were:
In 2022, Belgium's main importing competitors in Knitted clothing accesories were:

Explore Visualizations

Trade Value of Knitted clothing accesories by Exporters

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