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Pricing

2022
Flag → Flag
Exports $1.37BRnk 40 / 222
2022
Flag → Flag
Top Product $348MScrap Iron
2022
Flag → Flag
Exports $441MRnk 31 / 184
2022
Flag → Flag
Top Product $78.8MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.1Rnk 69 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP GROWTH70.8%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$4,295CURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP PC GROWTH40.4%CURRENT US$
Rnk 48 / 186

About

Belgium-Egypt Trade: In 2022, Belgium exported $1.37B to Egypt. The main products that Belgium exported to Egypt were Scrap Iron ($348M), Packaged Medicaments ($219M), and Hot-Rolled Iron ($52.1M). Over the past 5 years the exports of Belgium to Egypt have increased at an annualized rate of 6.58%, from $999M in 2017 to $1.37B in 2022.

In 2020, Belgium exported services to Egypt worth $99.4M, with Other business services ($60.5M), Transportation ($24M), and Computer and information services ($4.57M) being the largest in terms of value.

Egypt-Belgium Trade: In 2022, Egypt exported $441M to Belgium. The main products that Egypt exported to Belgium were Nitrogenous Fertilizers ($78.8M), Petroleum Gas ($67.8M), and Ethylene Polymers ($66.9M). Over the past 5 years the exports of Egypt to Belgium have increased at an annualized rate of 13.4%,  from $236M in 2017 to $441M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €108M and imported €13.9M from Egypt, resulting in a positive trade balance of €94.2M. Between August 2023 and August 2024 the exports of Belgium have increased by €1.2M (1.12%) from €107M to €108M, while imports increased by €559k (4.2%) from €13.3M to €13.9M.

Trade In August 2024, the top exports of Belgium to Egypt were Iron & steel (€35.9M), Pharmaceutical products (€10.8M), Machinery, mechanical appliances, & parts (€9.98M), Plastics & articles thereof (€7.56M), and Organic chemicals (€4.17M). In August 2024 the top imports of Belgium from Egypt were Fertilizers (€8.61M), Organic chemicals (€5.84M), Plastics & articles thereof (€3.33M), Knitted clothing accesories (€1.44M), and Edible vegetables, roots, & tubers (€489k).

Growth In August 2024, the increase in Belgium's year-by-year exports to Egypt was explained primarily by an increase in product exports in Iron & steel (€5.69M or 18.8%), Machinery, mechanical appliances, & parts (€2.71M or 37.2%), and Copper articles (€205k or 78k%). In August 2024, the increase in Belgium's year-by-year imports  from Egypt was explained primarily by an increase in product imports  in Knitted clothing accesories (€1.36M or 1.91k%), Plastics & articles thereof (€1.03M or 44.6%), and Oils seeds, oleaginous fruits, grains, straw... (€359k or 668%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€1.2M(1.12%)
IMPORT GROWTH (August 2023 - August 2024)€559k(4.2%)

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 Egypt and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Egypt and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $1.37B to Egypt. The main products exported from Belgium to Egypt were Scrap Iron ($348M), Packaged Medicaments ($219M), and Hot-Rolled Iron ($52.1M). During the last 5 years the exports of Belgium to Egypt have increased at an annualized rate of 6.58%, from $999M in 2017 to $1.37B in 2022.

In 2017, Egypt exported $441M to Belgium. The main products exported from Egypt to Belgium were Nitrogenous Fertilizers ($78.8M), Petroleum Gas ($67.8M), and Ethylene Polymers ($66.9M). During the last 5 years the exports of Egypt to Belgium have increased at an annualized rate of 13.4%, from $236M in 2022 to $441M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Egypt
Top DestinationTurkey$4.23B

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

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

In 2022, countries that imported more from Egypt than Belgium included Kuwait ($1.12B), Sudan ($789M), and Jordan ($768M).

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

Comparative Advantage Belgium - Egypt

Flow
Scale

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

During 2022, Belgium had a large net trade with Egypt in the exports of Metals ($472M), Chemical Products ($405M), and Machines ($135M).

During 2017, Egypt had a large net trade with Belgium in the exports of Chemical Products ($118M), Mineral Products ($100M), and Plastics and Rubbers ($97.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Egypt+$68.4MPackaged Medicaments
Top Product Potential Egypt Belgium+$119MPetroleum Gas

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

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

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