2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186

About

Belgium-Brunei Trade: In 2022, Belgium exported $21.9M to Brunei. The main products that Belgium exported to Brunei were Vaccines, blood, antisera, toxins and cultures ($12.5M), Packaged Medicaments ($1.11M), and Nonaqueous Paints ($1M). Over the past 5 years the exports of Belgium to Brunei have increased at an annualized rate of 36.3%, from $4.66M in 2017 to $21.9M in 2022.

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

Brunei-Belgium Trade: In 2022, Brunei exported $367k to Belgium. The main products that Brunei exported to Belgium were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($172k), Traffic Signals ($70.6k), and Other Esters ($58.3k). Over the past 5 years the exports of Brunei to Belgium have decreased at an annualized rate of 31.3%,  from $2.4M in 2017 to $367k in 2022.

In 2022, Brunei 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, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $21.9M to Brunei. The main products exported from Belgium to Brunei were Vaccines, blood, antisera, toxins and cultures ($12.5M), Packaged Medicaments ($1.11M), and Nonaqueous Paints ($1M). During the last 5 years the exports of Belgium to Brunei have increased at an annualized rate of 36.3%, from $4.66M in 2017 to $21.9M in 2022.

In 2017, Brunei exported $367k to Belgium. The main products exported from Brunei to Belgium were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($172k), Traffic Signals ($70.6k), and Other Esters ($58.3k). During the last 5 years the exports of Brunei to Belgium have decreased at an annualized rate of 31.3%, from $2.4M in 2022 to $367k in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Brunei
Top Destination
Australia$2.66B

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

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

In 2022, countries that imported more from Brunei than Belgium included Australia ($2.66B), Malaysia ($1.37B), and Singapore ($1.97B).

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

Comparative Advantage Belgium - Brunei

Flow
Scale

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

During 2022, Belgium had a large net trade with Brunei in the exports of Chemical Products ($16.3M), Foodstuffs ($2.01M), and Machines ($1.33M).

During 2017, Brunei had a large net trade with Belgium in the exports of Chemical Products ($230k), Machines ($75.1k), and Miscellaneous ($53.3k).

Economic Complexity

Competitive Landscape

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

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

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