2022
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GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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 GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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GDP PC 
$49,583CURRENT US$
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GDP PC GROWTH
11%CURRENT US$
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2022
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GDP PC
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Belgium-Brazil In 2022, Belgium exported $3.39B to Brazil. The main products that Belgium exported to Brazil are Vaccines, blood, antisera, toxins and cultures ($1.11B), Platinum ($274M), and Refined Petroleum ($218M). During the last 23 years the exports of Belgium to Brazil have increased at an annualized rate of 7.66%, from $621M in 1999 to $3.39B in 2022.

In 2020, Belgium exported services to Brazil worth $215M, with Transportation ($102M), Other business services ($74.2M), and Computer and information services ($9.14M) being the largest in terms of value.

Brazil-Belgium In 2022, Brazil exported $3.85B to Belgium. The main products that Brazil exported to Belgium were Coffee ($717M), Fruit Juice ($606M), and Ferroalloys ($248M). During the last 23 years the exports of Brazil to Belgium have increased at an annualized rate of 3.46%, from $1.76B in 1999 to $3.85B in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $3.39B to Brazil. The main products exported from Belgium to Brazil were Vaccines, blood, antisera, toxins and cultures ($1.11B), Platinum ($274M), and Refined Petroleum ($218M). During the last 23 years the exports of Belgium to Brazil have increased at an annualized rate of 7.66%, from $621M in 1999 to $3.39B in 2022.

In 2022, Brazil exported $3.85B to Belgium. The main products exported from Brazil to Belgium were Coffee ($717M), Fruit Juice ($606M), and Ferroalloys ($248M). During the last 23 years the exports of Brazil to Belgium have increased at an annualized rate of 3.46%, from $1.76B in 1999 to $3.85B in 2022.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Brazil
Top Destination
China$90.1B

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

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

In 2021, countries that imported more from Brazil than Belgium were China ($90.1B), Argentina ($15.4B), and Chile ($9.17B).

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

Comparative Advantage Belgium - Brazil

Flow
Scale

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

During 2022, Belgium had a large net trade with Brazil in the exports of Chemical Products ($1.72B), Machines ($332M), and Precious Metals ($278M).

During 2022, Brazil had a large net trade with Belgium in the exports of Vegetable Products ($905M), Foodstuffs ($714M), and Metals ($592M).

Service Trade

Bilateral Service Trade

In 2020, Belgium exported services to Brazil worth $215M, with Transportation ($102M), Other business services ($74.2M), and Computer and information services ($9.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to Brazil (Flag) (2020)

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 Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Belgium.

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

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