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Pricing

2022
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Exports $317MRnk 78 / 222
2022
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Top Product $245MVaccines, blood, antisera, toxins and cultures
2022
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Exports $84.5MRnk 15 / 158
2022
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Top Product $74MCoffee
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI -0.86Rnk 97 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
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GDP GROWTH193%CURRENT US$
Rnk 3 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$1,028CURRENT US$
Rnk 168 / 186
2012-2022
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GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Belgium-Ethiopia In 2022, Belgium exported $317M to Ethiopia. The main products that Belgium exported to Ethiopia are Vaccines, blood, antisera, toxins and cultures ($245M), Malt Extract ($17.2M), and Packaged Medicaments ($11M). During the last 23 years the exports of Belgium to Ethiopia have increased at an annualized rate of 8.75%, from $46.1M in 1999 to $317M in 2022.

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

Ethiopia-Belgium In 2022, Ethiopia exported $84.5M to Belgium. The main products that Ethiopia exported to Belgium were Coffee ($74M), Dried Legumes ($3.8M), and Other Oily Seeds ($1.56M). During the last 23 years the exports of Ethiopia to Belgium have increased at an annualized rate of 7.33%, from $16.6M in 1999 to $84.5M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 97 in the Economic Complexity Index (ECI -0.86), and 134 in total exports ($4.24B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €4.49M and imported €1.05M from Ethiopia, resulting in a positive trade balance of €3.43M. Between December 2022 and December 2023 the exports of Belgium have decreased by €-2.84M (-38.8%) from €7.33M to €4.49M, while imports decreased by €-1.04M (-49.6%) from €2.09M to €1.05M.

Trade In December 2023, the top exports of Belgium to Ethiopia were Preparations of cereals, flour, starch or... (€3.55M), Pharmaceutical products (€2.34M), Rubber & articles thereof (€781k), Cars, tractors, trucks & parts thereof. (€382k), and Optical, photo, & film equipment; medical... (€132k). In December 2023 the top imports of Belgium from Ethiopia were Coffee, tea, mate & spices (€1.29M), Live trees, plants, bulbs, cut flowers,... (€249k), Edible vegetables, roots, & tubers (€128k), Non-knitted clothing accesories (€110k), and Knitted clothing accesories (€97.1k).

Growth In December 2023, the decrease in Belgium's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in Pharmaceutical products (€-83.3M or -97.3%), Machinery, mechanical appliances, & parts (€-810k or -90.7%), and Cars, tractors, trucks & parts thereof. (€-122k or -24.3%). In December 2023, the decrease in Belgium's year-by-year imports  from Ethiopia was explained primarily by an decrease in product imports  in Edible vegetables, roots, & tubers (€-86.1k or -40.3%) and Miscellaneous edible preparations (€-278 or -82%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-2.84M(-38.8%)
IMPORT GROWTH (December 2022 - December 2023)€-1.04M(-49.6%)

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 Ethiopia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $317M to Ethiopia. The main products exported from Belgium to Ethiopia were Vaccines, blood, antisera, toxins and cultures ($245M), Malt Extract ($17.2M), and Packaged Medicaments ($11M). During the last 23 years the exports of Belgium to Ethiopia have increased at an annualized rate of 8.75%, from $46.1M in 1999 to $317M in 2022.

In 2022, Ethiopia exported $84.5M to Belgium. The main products exported from Ethiopia to Belgium were Coffee ($74M), Dried Legumes ($3.8M), and Other Oily Seeds ($1.56M). During the last 23 years the exports of Ethiopia to Belgium have increased at an annualized rate of 7.33%, from $16.6M in 1999 to $84.5M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2021, countries that imported more from Ethiopia than Belgium were Somalia ($265M), Djibouti ($86.8M), and South Sudan ($7.98M).

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

Comparative Advantage Belgium - Ethiopia

Flow
Scale

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

During 2022, Belgium had a large net trade with Ethiopia in the exports of Chemical Products ($264M), Foodstuffs ($20.7M), and Machines ($10.3M).

During 2022, Ethiopia had a large net trade with Belgium in the exports of Vegetable Products ($80.3M), Textiles ($2.81M), and Miscellaneous ($282k).

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

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

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