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2023
Flag → Flag
Exports $31.4MRnk 142 / 220
2023
Flag → Flag
Top Product $8.72MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $2.96MRnk 11 / 88
2023
Flag → Flag
Top Product $2.75MCoffee
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$2.64BCURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP GROWTH7.77%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
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GDP PC$193CURRENT US$
Rnk 196 / 196
2013-2023
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GDP PC GROWTH-17.8%CURRENT US$
Rnk 177 / 195

About

Belgium-Burundi Trade: In 2023, Belgium exported $31.4M to Burundi. The main products that Belgium exported to Burundi were Vaccines, blood, antisera, toxins and cultures ($8.72M), Malt ($8.18M), and Packaged Medicaments ($2.17M). Over the past 5 years the exports of Belgium to Burundi have increased at an annualized rate of 1.21%, from $29.5M in 2018 to $31.4M in 2023.

In 2023, Belgium did not export any services to Burundi.

Burundi-Belgium Trade: In 2023, Burundi exported $2.96M to Belgium. The main products that Burundi exported to Belgium were Coffee ($2.75M), Other live plants, cuttings and slips; mushroom spawn ($108k), and Other Vegetables ($31.4k). Over the past 5 years the exports of Burundi to Belgium have decreased at an annualized rate of 18.2%,  from $8.09M in 2018 to $2.96M in 2023.

In 2023, Burundi did not export any services to Belgium.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €1.68M and imported €382k from Burundi, resulting in a positive trade balance of €1.3M. Between October 2023 and October 2024 the exports of Belgium have decreased by €-436k (-20.6%) from €2.11M to €1.68M, while imports increased by €122k (47.3%) from €259k to €382k.

Trade In October 2024, the top exports of Belgium to Burundi were Pharmaceutical products (€3.37M), Products of the milling industry (€886k), Aluminum articles (€312k), Machinery, mechanical appliances, & parts (€140k), and Miscellaneous edible preparations (€124k). In October 2024 the top imports of Belgium from Burundi were Coffee, tea, mate & spices (€295k), Live trees, plants, bulbs, cut flowers,... (€12.7k), Knitted clothing accesories (€255), and Mineral fuels, mineral oils and products... (€1).

Growth In October 2024, the decrease in Belgium's year-by-year exports to Burundi was explained primarily by an decrease in product exports in Beverages, spirits, & vinegar (€-157k or -96.6%), Used clothes & textile articles (€-29k or -92.3%), and Sugars & confectioneries (€-19.3k or -53.9%). In October 2024, the increase in Belgium's year-by-year imports  from Burundi was explained primarily by an increase in product imports  in Coffee, tea, mate & spices (€186k or 171%) and Live trees, plants, bulbs, cut flowers,... (€3.95k or 45%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€-436k(-20.6%)
IMPORT GROWTH (October 2023 - October 2024)€122k(47.3%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Burundi and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burundi and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $31.4M to Burundi. The main products exported from Belgium to Burundi were Vaccines, blood, antisera, toxins and cultures ($8.72M), Malt ($8.18M), and Packaged Medicaments ($2.17M). During the last 5 years the exports of Belgium to Burundi have increased at an annualized rate of 1.21%, from $29.5M in 2018 to $31.4M in 2023.

In 2018, Burundi exported $2.96M to Belgium. The main products exported from Burundi to Belgium were Coffee ($2.75M), Other live plants, cuttings and slips; mushroom spawn ($108k), and Other Vegetables ($31.4k). During the last 5 years the exports of Burundi to Belgium have decreased at an annualized rate of 18.2%, from $8.09M in 2023 to $2.96M in 2018.

Exports from Belgium (Flag) to Burundi (Flag) (2023)

Exports from Burundi (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Burundi
Top DestinationUnited Arab Emirates$117M

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

In 2023, countries that imported more from Belgium than Burundi included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, no countries were registered that imported more from Burundi than from Belgium.

Difference in imports from Burundi (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Burundi

Flow
Scale

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

During 2023, Belgium had a large net trade with Burundi in the exports of Chemical Products ($12.5M), Vegetable Products ($8.5M), and Machines ($2.87M).

During 2018, Burundi had a large net trade with Belgium in the exports of Vegetable Products ($2.94M), Foodstuffs ($11.4k), and Machines ($6.57k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Burundi+$1.5MPackaged Medicaments
Top Product Potential Burundi Belgium+$2.47MCoffee

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

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

Product Space of Belgium (Flag) and Burundi (Flag) (2023)

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