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2023
Flag → Flag
Exports $521MRnk 61 / 220
2023
Flag → Flag
Top Product $136MRefined Petroleum
2023
Flag → Flag
Exports $97.5MRnk 16 / 101
2023
Flag → Flag
Top Product $49.3MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.94Rnk 130 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH103%CURRENT US$
Rnk 12 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$628CURRENT US$
Rnk 188 / 196
2013-2023
Flag
GDP PC GROWTH45.5%CURRENT US$
Rnk 51 / 195

About

Belgium-Democratic Republic of the Congo Trade: In 2023, Belgium exported $521M to Democratic Republic of the Congo. The main products that Belgium exported to Democratic Republic of the Congo were Refined Petroleum ($136M), Vaccines, blood, antisera, toxins and cultures ($68.4M), and Packaged Medicaments ($21.3M). Over the past 5 years the exports of Belgium to Democratic Republic of the Congo have increased at an annualized rate of 15.7%, from $252M in 2018 to $521M in 2023.

In 2023, Belgium did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Belgium Trade: In 2023, Democratic Republic of the Congo exported $97.5M to Belgium. The main products that Democratic Republic of the Congo exported to Belgium were Diamonds ($49.3M), Refined Copper ($12M), and Cocoa Beans ($11.7M). Over the past 5 years the exports of Democratic Republic of the Congo to Belgium have decreased at an annualized rate of 12.7%,  from $192M in 2018 to $97.5M in 2023.

In 2023, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €47.4M and imported €68.2M from Democratic Republic of the Congo, resulting in a negative trade balance of €20.8M. Between October 2023 and October 2024 the exports of Belgium have increased by €6.12M (14.8%) from €41.3M to €47.4M, while imports increased by €57.5M (535%) from €10.7M to €68.2M.

Trade In October 2024, the top exports of Belgium to Democratic Republic of the Congo were Cars, tractors, trucks & parts thereof. (€5.27M), Machinery, mechanical appliances, & parts (€3.22M), Pharmaceutical products (€2.54M), Meat & edible offal (€2.34M), and Miscellaneous edible preparations (€1.55M). In October 2024 the top imports of Belgium from Democratic Republic of the Congo were Precious stones, metals, & pearls (€2.91M), Cermet articles (€1.76M), Coffee, tea, mate & spices (€633k), Wood, wood articles, & charcoal (€486k), and Cocoa & cocoa preparations (€436k).

Growth In October 2024, the increase in Belgium's year-by-year exports to Democratic Republic of the Congo was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. (€3.87M or 278%), Machinery, mechanical appliances, & parts (€1.05M or 48%), and Paper articles (€1.01M or 374%). In October 2024, the increase in Belgium's year-by-year imports  from Democratic Republic of the Congo was explained primarily by an increase in product imports  in Wood, wood articles, & charcoal (€482k or 11k%), Coffee, tea, mate & spices (€379k or 149%), and Cocoa & cocoa preparations (€161k or 58.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€6.12M(14.8%)
IMPORT GROWTH (October 2023 - October 2024)€57.5M(535%)

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 Democratic Republic of the Congo and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Democratic Republic of the Congo and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $521M to Democratic Republic of the Congo. The main products exported from Belgium to Democratic Republic of the Congo were Refined Petroleum ($136M), Vaccines, blood, antisera, toxins and cultures ($68.4M), and Packaged Medicaments ($21.3M). During the last 5 years the exports of Belgium to Democratic Republic of the Congo have increased at an annualized rate of 15.7%, from $252M in 2018 to $521M in 2023.

In 2018, Democratic Republic of the Congo exported $97.5M to Belgium. The main products exported from Democratic Republic of the Congo to Belgium were Diamonds ($49.3M), Refined Copper ($12M), and Cocoa Beans ($11.7M). During the last 5 years the exports of Democratic Republic of the Congo to Belgium have decreased at an annualized rate of 12.7%, from $192M in 2023 to $97.5M in 2018.

Exports from Belgium (Flag) to Democratic Republic of the Congo (Flag) (2023)

Exports from Democratic Republic of the Congo (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Democratic Republic of the Congo
Top DestinationChina$14.3B

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

In 2023, countries that imported more from Belgium than Democratic Republic of the Congo included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Democratic Republic of the Congo than Belgium included China ($14.3B), Zambia ($182M), and Namibia ($60.2M).

Difference in imports from Democratic Republic of the Congo (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Belgium and Democratic Republic of the Congo by product, considering products traded by both, Belgium and Democratic Republic of the Congo.

During 2023, Belgium had a large net trade with Democratic Republic of the Congo in the exports of Mineral Products ($137M), Chemical Products ($113M), and Machines ($69M).

During 2018, Democratic Republic of the Congo had a large net trade with Belgium in the exports of Precious Metals ($50.7M), Wood Products ($15.7M), and Metals ($13.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Democratic Republic of the Congo+$11.5MVaccines, blood, antisera, toxins and cultures
Top Product Potential Democratic Republic of the Congo Belgium+$9.1MDiamonds

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 Democratic Republic of the Congo. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Democratic Republic of the Congo. Similarly, a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Democratic Republic of the Congo (Flag) (2023)

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