Flag Belgium / United Kingdom Flag

2020
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Exports
: $20.1B, Rnk 5 / 218

2020
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Top Product
: $2.53B, Cars

2020
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Exports
: $13B, Rnk 8 / 221

2020
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Top Product
: $1.95B, Cars

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

2020
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Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

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

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

2020
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 GDP
: $2.76T, CURRENT US$
Rnk 5 / 195

2010-2020
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 136 / 195

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

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

2020
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GDP PC
: $41,059, CURRENT US$
Rnk 24 / 195

2010-2020
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GDP PC GROWTH
: 3.45%, CURRENT US$
Rnk 124 / 195

Belgium-United Kingdom In 2020, Belgium exported $20.1B to United Kingdom. The main products that Belgium exported to United Kingdom are Cars ($2.53B), Platinum ($1.02B), and Vaccines, blood, antisera, toxins and cultures ($1B). During the last 21 years the exports of Belgium to United Kingdom have increased at an annualized rate of 0.8%, from $17B in 1999 to $20.1B in 2020.

In 2019, Belgium exported services to United Kingdom worth $5.93B, with Other business services ($3.84B), Computer and information services ($974M), and Insurance services ($389M) being the largest in terms of value.

United Kingdom-Belgium In 2020, United Kingdom exported $13B to Belgium . The main products that United Kingdom exported to Belgium were Cars ($1.95B), Packaged Medicaments ($996M), and Vaccines, blood, antisera, toxins and cultures ($780M). During the last 21 years the exports of United Kingdom to Belgium have decreased at an annualized rate of 0.45%, from $14.3B in 1999 to $13B in 2020.

In 2019, United Kingdom exported services to Belgium worth $5.41B, with Other business services ($3.19B), Travel ($841M), and Financial services ($639M) 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, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Belgium exported $20.1B to United Kingdom. The main products exported from Belgium to United Kingdom were Cars ($2.53B), Platinum ($1.02B), and Vaccines, blood, antisera, toxins and cultures ($1B). During the last 21 years the exports of Belgium to United Kingdom have increased at an annualized rate of 0.8%, from $17B in 1999 to $20.1B in 2020.

In 2020, United Kingdom exported $13B to Belgium. The main products exported from United Kingdom to Belgium were Cars ($1.95B), Packaged Medicaments ($996M), and Vaccines, blood, antisera, toxins and cultures ($780M). During the last 21 years the exports of United Kingdom to Belgium have decreased at an annualized rate of 0.45%, from $14.3B in 1999 to $13B in 2020.

Market Competitiveness

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Measure

Belgium
Top Destination
: Germany, $45.7B

United Kingdom
Top Destination
: United States, $51.7B

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

In 2019, countries that imported more from Belgium than United Kingdom were France ($44.4B), Netherlands ($37.1B), and Italy ($18.1B).

In 2019, countries that imported more from United Kingdom than Belgium were United States ($51.7B), Ireland ($26.8B), and China ($18.2B).

Comparative Advantage Belgium - United Kingdom

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Flow

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

During 2020, Belgium had a large net trade with United Kingdom in the exports of Chemical Products ($3.95B), Transportation ($3.78B), and Machines ($1.94B).

During 2020, United Kingdom had a large net trade with Belgium in the exports of Chemical Products ($3.66B), Transportation ($2.35B), and Machines ($1.67B).

Bilateral Service Trade

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In 2019, Belgium exported services to United Kingdom worth $5.93B, with Other business services ($3.84B), Computer and information services ($974M), and Insurance services ($389M) being the largest in terms of value.

In 2019, United Kingdom exported services to Belgium worth $5.41B, with Other business services ($3.19B), Travel ($841M), and Financial services ($639M) 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 United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Belgium.