Flag Belgium / France Flag

2020
FlagFlag
Exports
: $44.4B, Rnk 2 / 218

2020
FlagFlag
Top Product
: $2.44B, Cars

2020
FlagFlag
Exports
: $34.6B, Rnk 4 / 217

2020
FlagFlag
Top Product
: $2.6B, Cars

2020
Flag
Economic Complexity (ECI)
: ECI 1.33, Rnk 17 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 1.34, Rnk 15 / 127

2020
Flag  
GDP
: $522B, CURRENT US$
Rnk 23 / 195

2010-2020
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GDP GROWTH
: 8.51%, CURRENT US$
Rnk 144 / 195

2020
Flag
 GDP
: $2.63T, CURRENT US$
Rnk 7 / 195

2010-2020
Flag
GDP GROWTH
: -0.47%, CURRENT US$
Rnk 160 / 195

2020
Flag
GDP PC 
: $45,159, CURRENT US$
Rnk 20 / 195

2010-2020
Flag
GDP PC GROWTH
: 2.3%, CURRENT US$
Rnk 128 / 195

2020
Flag
GDP PC
: $39,030, CURRENT US$
Rnk 27 / 195

2010-2020
Flag
GDP PC GROWTH
: -3.96%, CURRENT US$
Rnk 149 / 195

Belgium-France In 2020, Belgium exported $44.4B to France. The main products that Belgium exported to France are Cars ($2.44B), Petroleum Gas ($2.05B), and Vaccines, blood, antisera, toxins and cultures ($1.6B). During the last 21 years the exports of Belgium to France have increased at an annualized rate of 2.13%, from $28.5B in 1999 to $44.4B in 2020.

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 2020, France exported $34.6B to Belgium. The main products that France exported to Belgium were Cars ($2.6B), Packaged Medicaments ($2.45B), and Vaccines, blood, antisera, toxins and cultures ($1.89B). During the last 21 years the exports of France to Belgium have increased at an annualized rate of 2.3%, from $21.5B in 1999 to $34.6B in 2020.

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 2020,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.33), and 14 in total exports ($309B). That same year, France ranked 15 in the Economic Complexity Index (ECI 1.34), and 8 in total exports ($472B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Belgium exported $44.4B to France. The main products exported from Belgium to France were Cars ($2.44B), Petroleum Gas ($2.05B), and Vaccines, blood, antisera, toxins and cultures ($1.6B). During the last 21 years the exports of Belgium to France have increased at an annualized rate of 2.13%, from $28.5B in 1999 to $44.4B in 2020.

In 2020, France exported $34.6B to Belgium. The main products exported from France to Belgium were Cars ($2.6B), Packaged Medicaments ($2.45B), and Vaccines, blood, antisera, toxins and cultures ($1.89B). During the last 21 years the exports of France to Belgium have increased at an annualized rate of 2.3%, from $21.5B in 1999 to $34.6B in 2020.

Market Competitiveness

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Measure

Belgium
Top Destination
: Germany, $45.7B

France
Top Destination
: Germany, $65.2B

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 2019, countries that imported more from Belgium than France were Netherlands ($37.1B), Luxembourg ($5.48B), and Nigeria ($1.99B).

In 2019, countries that imported more from France than Belgium were Spain ($33.9B), Germany ($65.2B), and Italy ($36B).

Comparative Advantage Belgium - France

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Flow

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

During 2020, Belgium had a large net trade with France in the exports of Chemical Products ($8.38B), Transportation ($4.74B), and Metals ($4.58B).

During 2020, France had a large net trade with Belgium in the exports of Chemical Products ($7.31B), Machines ($4.69B), and Transportation ($4.64B).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.