Uzbekistan (UZB) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Uzbekistan-Belgium Trade: In 2022, Uzbekistan exported $31.1M to Belgium. The main products that Uzbekistan exported to Belgium were Coal Tar Oil ($20.6M), Raw Zinc ($3.22M), and Non-Retail Pure Cotton Yarn ($3M). Over the past 5 years the exports of Uzbekistan to Belgium have increased at an annualized rate of 41.4%, from $5.5M in 2017 to $31.1M in 2022.

In 2022, Uzbekistan did not export any services to Belgium.

Belgium-Uzbekistan Trade: In 2022, Belgium exported $111M to Uzbekistan. The main products that Belgium exported to Uzbekistan were Vaccines, blood, antisera, toxins and cultures ($29.9M), Looms ($21.1M), and Synthetic Rubber ($4.6M). Over the past 5 years the exports of Belgium to Uzbekistan have increased at an annualized rate of 6.82%, from $46.9M in 2017 to $111M in 2022.

In 2022, Belgium did not export any services to Uzbekistan.

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uzbekistan exported $31.1M to Belgium. The main products exported from Uzbekistan to Belgium were Coal Tar Oil ($20.6M), Raw Zinc ($3.22M), and Non-Retail Pure Cotton Yarn ($3M). During the last 5 years the exports of Uzbekistan to Belgium have increased at an annualized rate of 41.4%, from $5.5M in 2017 to $31.1M in 2022.

In 2017, Belgium exported $111M to Uzbekistan. The main products exported from Belgium to Uzbekistan were Vaccines, blood, antisera, toxins and cultures ($29.9M), Looms ($21.1M), and Synthetic Rubber ($4.6M). During the last 5 years the exports of Belgium to Uzbekistan have increased at an annualized rate of 6.82%, from $46.9M in 2022 to $111M in 2017.

Exports from Uzbekistan () to Belgium () (2022)

Exports from Belgium () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Belgium ()

Uzbekistan Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Belgium
Top DestinationGermany$91.9B

This map shows whether countries import more from Uzbekistan or Belgium. Each country is colored based on the difference in imports they receive from Uzbekistan and Belgium or the difference in the growth in imports.

In 2022, countries that imported more from Uzbekistan than Belgium included Kazakhstan ($1.25B), Kyrgyzstan ($926M), and Tajikistan ($414M).

In 2022, countries that imported more from Belgium than Uzbekistan included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Uzbekistan () (2022)

Comparative Advantage Uzbekistan - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Uzbekistan and Belgium by product, considering products traded by both, Uzbekistan and Belgium.

During 2022, Uzbekistan had a large net trade with Belgium in the exports of Mineral Products ($20.6M), Textiles ($3.58M), and Metals ($3.33M).

During 2017, Belgium had a large net trade with Uzbekistan in the exports of Chemical Products ($46.5M), Machines ($31.3M), and Plastics and Rubbers ($12.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Belgium+$1.13MNon-Retail Pure Cotton Yarn

Top Product Potential Belgium Uzbekistan+$15.5MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Uzbekistan and Belgium. This means that a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Uzbekistan.

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Belgium () (2022)

Exports from Belgium () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Belgium ()

Uzbekistan Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Uzbekistan () (2022)

Comparative Advantage Uzbekistan - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Belgium () (2022)

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