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2021
Flag → Flag
Exports $59.9BRnk 2 / 221
2021
Flag → Flag
Top Product $6.4BPetroleum Gas
2021
Flag → Flag
Exports $43.8BRnk 3 / 219
2021
Flag → Flag
Top Product $2.83BCars
2021
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Economic Complexity (ECI) ECI 1.28Rnk 18 / 131
2021
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Economic Complexity (ECI) ECI 1.35Rnk 15 / 131
2021
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GDP$594BCURRENT US$
Rnk 23 / 204
2011-2021
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GDP GROWTH13.6%CURRENT US$
Rnk 131 / 204
2021
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 GDP$2.96TCURRENT US$
Rnk 7 / 204
2011-2021
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GDP GROWTH3.24%CURRENT US$
Rnk 158 / 204
2021
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GDP PC $51,268CURRENT US$
Rnk 25 / 204
2011-2021
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GDP PC GROWTH8.14%CURRENT US$
Rnk 122 / 204
2021
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GDP PC$43,659CURRENT US$
Rnk 32 / 204
2011-2021
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GDP PC GROWTH-0.43%CURRENT US$
Rnk 146 / 204

About

Belgium-France In 2021, Belgium exported $59.9B to France. The main products that Belgium exported to France are Petroleum Gas ($6.4B), Refined Petroleum ($2.68B), and Cars ($2.41B). During the last 22 years the exports of Belgium to France have increased at an annualized rate of 3.45%, from $28.4B in 1999 to $59.9B in 2021.

In 2020, Belgium exported services to France worth $12.1B, with Other business services ($5.13B), Transportation ($2.75B), and Travel ($1.48B) being the largest in terms of value.

France-Belgium In 2021, France exported $43.8B to Belgium. The main products that France exported to Belgium were Cars ($2.83B), Packaged Medicaments ($2.47B), and Vaccines, blood, antisera, toxins and cultures ($2.35B). During the last 22 years the exports of France to Belgium have increased at an annualized rate of 3.29%, from $21.5B in 1999 to $43.8B in 2021.

In 2020, France exported services to Belgium worth $13.2B, with Other business services ($4.87B), Travel ($4.73B), and Transportation ($1.99B) being the largest in terms of value.

Comparison In 2021,  Belgium ranked 18 in the Economic Complexity Index (ECI 1.28), and 15 in total exports ($403B). That same year, France ranked 15 in the Economic Complexity Index (ECI 1.35), and 8 in total exports ($569B).

Latest Trends

August, 2023

About

Overview In August 2023, Belgium exported €3.17B and imported €3.25B from France, resulting in a negative trade balance of €79.3M. Between August 2022 and August 2023 the exports of Belgium have decreased by €-1.02B (-24.3%) from €4.19B to €3.17B, while imports decreased by €-960M (-22.8%) from €4.21B to €3.25B.

Trade In August 2023, the top exports of Belgium to France were Mineral fuels, mineral oils and products... (€496M), Pharmaceutical products (€455M), Cars, tractors, trucks & parts thereof. (€312M), Iron & steel (€308M), and Plastics and articles thereof (€263M). In August 2023 the top imports of Belgium from France were Mineral fuels, mineral oils and products... (€610M), Cars, tractors, trucks & parts thereof. (€348M), Pharmaceutical products (€308M), Iron & steel (€233M), and Electrical machinery and electronics (€220M).

Growth In August 2023, the decrease in Belgium's year-by-year exports to France was explained primarily by an decrease in product exports in Organic chemicals (€-113M or -40.2%), Electrical machinery and electronics (€-2.95M or -3.12%), and Man-made staple fibres (€-2.89M or -32.1%). In August 2023, the decrease in Belgium's year-by-year imports  from France was explained primarily by an decrease in product imports  in Pharmaceutical products (€-90.6M or -22.8%), Precious metals, gems and jewelry (€-9.2M or -22.3%), and Zinc articles (€-8.42M or -54.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (August 2022 - August 2023)€-1.02B(-24.3%)
IMPORT GROWTH (August 2022 - August 2023)€-960M(-22.8%)

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 France 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 2021, Belgium exported $59.9B to France. The main products exported from Belgium to France were Petroleum Gas ($6.4B), Refined Petroleum ($2.68B), and Cars ($2.41B). During the last 22 years the exports of Belgium to France have increased at an annualized rate of 3.45%, from $28.4B in 1999 to $59.9B in 2021.

In 2021, France exported $43.8B to Belgium. The main products exported from France to Belgium were Cars ($2.83B), Packaged Medicaments ($2.47B), and Vaccines, blood, antisera, toxins and cultures ($2.35B). During the last 22 years the exports of France to Belgium have increased at an annualized rate of 3.29%, from $21.5B in 1999 to $43.8B in 2021.

Exports from Belgium (Flag) to France (Flag) (2021)

Exports from France (Flag) to Belgium (Flag) (2021)

Market Competitiveness

Color
Belgium
Top DestinationGermany$62.7B
France
Top DestinationGermany$74.1B

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

In 2021, countries that imported more from Belgium than France were Netherlands ($50.4B), Luxembourg ($6.9B), and Nigeria ($2.34B).

In 2021, countries that imported more from France than Belgium were Spain ($41.6B), Italy ($46B), and China ($27.8B).

Difference in imports from France (Flag) and Belgium (Flag) (2021)

Comparative Advantage Belgium - France

Flow
Scale

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

During 2021, Belgium had a large net trade with France in the exports of Mineral Products ($10.9B), Chemical Products ($10.2B), and Metals ($6.6B).

During 2021, France had a large net trade with Belgium in the exports of Chemical Products ($8.56B), Machines ($5.59B), and Transportation ($5.21B).

Service Trade

Bilateral Service Trade

In 2020, Belgium exported services to France worth $12.1B, with Other business services ($5.13B), Transportation ($2.75B), and Travel ($1.48B) being the largest in terms of value.

In 2020, France exported services to Belgium worth $13.2B, with Other business services ($4.87B), Travel ($4.73B), and Transportation ($1.99B) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from France (Flag) to Belgium (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 France. Similarly, the more yellow a dot/product is, the more France has comparative advantage over Belgium.

Product Space of Belgium (Flag) and France (Flag) (2021)

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