2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Belgium-Bonaire In 2022, Belgium exported $755k to Bonaire. The main products that Belgium exported to Bonaire are Utility Meters ($170k), Cars ($88.9k), and Coffee ($75.7k). During the last 9 years the exports of Belgium to Bonaire have increased at an annualized rate of 4.1%, from $526k in 2013 to $755k in 2022.

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

Bonaire-Belgium In 2022, Bonaire exported $2.28M to Belgium. The main products that Bonaire exported to Belgium were Salt ($2.2M), Precious Metal Scraps ($84.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($185). During the last 9 years the exports of Bonaire to Belgium have increased at an annualized rate of 2.57%, from $1.82M in 2013 to $2.28M in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Bonaire ranked 217 in total exports ($10.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $755k to Bonaire. The main products exported from Belgium to Bonaire were Utility Meters ($170k), Cars ($88.9k), and Coffee ($75.7k). During the last 9 years the exports of Belgium to Bonaire have increased at an annualized rate of 4.1%, from $526k in 2013 to $755k in 2022.

In 2022, Bonaire exported $2.28M to Belgium. The main products exported from Bonaire to Belgium were Salt ($2.2M), Precious Metal Scraps ($84.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($185). During the last 9 years the exports of Bonaire to Belgium have increased at an annualized rate of 2.57%, from $1.82M in 2013 to $2.28M in 2022.

Exports from Belgium (Flag) to Bonaire (Flag) (2022)

Exports from Bonaire (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Bonaire
Top Destination
France$4.33M

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

In 2021, countries that imported more from Belgium than Bonaire were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2019, no countries were registered that imported more from Bonaire than from Belgium.

Difference in imports from Bonaire (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Bonaire

Flow
Scale

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

During 2022, Belgium had a large net trade with Bonaire in the exports of Instruments ($171k), Vegetable Products ($147k), and Foodstuffs ($118k).

During 2022, Bonaire had a large net trade with Belgium in the exports of Mineral Products ($2.2M), Precious Metals ($84.6k), and Transportation ($185).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Bonaire. Similarly, the more yellow a dot/product is, the more Bonaire has comparative advantage over Belgium.

Product Space of Belgium (Flag) and Bonaire (Flag) (2022)

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