Flag Belgium / Japan Flag

2019
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Exports
: $3.85B, Rnk 18 / 219

2019
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Top Product
: $889M, Packaged Medicaments

2019
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Exports
: $9.36B, Rnk 19 / 213

2019
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Top Product
: $3.4B, Cars

2019
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Economic Complexity (ECI)
: ECI 1.34, Rnk 18 / 146

2019
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Economic Complexity (ECI)
: ECI 2.2, Rnk 1 / 146

2019
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GDP
: $533B, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 161 / 187

2019
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 GDP
: $5.08T, CURRENT US$
Rnk 3 / 187

2009-2019
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GDP GROWTH
: -2.86%, CURRENT US$
Rnk 175 / 187

2019
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GDP PC 
: $46,421, CURRENT US$
Rnk 19 / 187

2009-2019
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GDP PC GROWTH
: 4.12%, CURRENT US$
Rnk 147 / 187

2019
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GDP PC
: $40,247, CURRENT US$
Rnk 27 / 187

2009-2019
Flag
GDP PC GROWTH
: -1.49%, CURRENT US$
Rnk 165 / 187

Belgium-Japan In 2019, Belgium exported $3.85B to Japan. The main products that Belgium exported to Japan are Packaged Medicaments ($889M), Cars ($375M), and Blood, antisera, vaccines, toxins and cultures ($265M). During the last 20 years the exports of Belgium to Japan have increased at an annualized rate of 3.22%, from $2.04B in 1999 to $3.85B in 2019.

In 2018, Belgium exported services to Japan worth $923M, with Other business services ($581M), Transportation ($200M), and Computer and information services ($39M) being the largest in terms of value.

Japan-Belgium In 2019, Japan exported $9.36B to Belgium . The main products that Japan exported to Belgium were Cars ($3.4B), Vehicle Parts ($1.58B), and Large Construction Vehicles ($311M). During the last 20 years the exports of Japan to Belgium have increased at an annualized rate of 3.19%, from $4.99B in 1999 to $9.36B in 2019.

In 2009, Japan exported services to Belgium worth $4.62B, with Services not allocated ($2.31B), Other business services ($1.64B), and Royalties and license fees ($337M) being the largest in terms of value.

Comparison In 2019,  Belgium ranked 18 in the Economic Complexity Index (ECI 1.34), and 12 in total exports ($411B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.2), and 4 in total exports ($696B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Belgium exported $3.85B to Japan. The main products exported from Belgium to Japan were Packaged Medicaments ($889M), Cars ($375M), and Blood, antisera, vaccines, toxins and cultures ($265M). During the last 20 years the exports of Belgium to Japan have increased at an annualized rate of 3.22%, from $2.04B in 1999 to $3.85B in 2019.

In 2019, Japan exported $9.36B to Belgium. The main products exported from Japan to Belgium were Cars ($3.4B), Vehicle Parts ($1.58B), and Large Construction Vehicles ($311M). During the last 20 years the exports of Japan to Belgium have increased at an annualized rate of 3.19%, from $4.99B in 1999 to $9.36B in 2019.

Belgium Exports

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Market Competitiveness

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Measure

Belgium
Top Destination
: Germany, $68.9B

Japan
Top Destination
: United States, $134B

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

In 2019, countries that imported more from Belgium than Japan were Germany ($68.9B), France ($55.6B), and Netherlands ($53.1B).

In 2019, countries that imported more from Japan than Belgium were China ($128B), United States ($134B), and South Korea ($44.9B).

Comparative Advantage Belgium - Japan

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Depth

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

During 2019, Belgium had a large net trade with Japan in the exports of Chemical Products ($1.84B), Transportation ($538M), and Machines ($346M).

During 2019, Japan had a large net trade with Belgium in the exports of Transportation ($5.18B), Machines ($1.75B), and Chemical Products ($883M).

Tariff Section

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This section shows import tariffs for products traded between Belgium and Japan (using the HS6 product classification and the last year reported).

In 2017, the products from Belgium that paid the highest import tariffs to enter Japan were Sugar beet (178%) and Whey (173%).

In 2018, the products from Japan that paid the highest import tariffs to enter Belgium were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

*The tariffs present between Belgium and Japan are:
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2018, Belgium exported services to Japan worth $923M, with Other business services ($581M), Transportation ($200M), and Computer and information services ($39M) being the largest in terms of value.

In 2009, Japan exported services to Belgium worth $4.62B, with Services not allocated ($2.31B), Other business services ($1.64B), and Royalties and license fees ($337M) 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 red.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over Belgium.