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2022
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Exports $334MRnk 75 / 222
2022
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Top Product $82MPackaged Medicaments
2022
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Exports $275MRnk 38 / 146
2022
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Top Product $129MLinseed
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI -0.35Rnk 78 / 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$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH6.07%CURRENT US$
Rnk 150 / 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$11,244CURRENT US$
Rnk 73 / 186
2012-2022
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GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 186

About

Belgium-Kazakhstan In 2022, Belgium exported $334M to Kazakhstan. The main products that Belgium exported to Kazakhstan are Packaged Medicaments ($82M), Refined Petroleum ($32.6M), and Tractors ($22.7M). During the last 23 years the exports of Belgium to Kazakhstan have increased at an annualized rate of 12%, from $24.9M in 1999 to $334M in 2022.

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

Kazakhstan-Belgium In 2022, Kazakhstan exported $275M to Belgium. The main products that Kazakhstan exported to Belgium were Linseed ($129M), Titanium ($38M), and Chromium Oxides and Hydroxides ($34.1M). During the last 23 years the exports of Kazakhstan to Belgium have increased at an annualized rate of 12.6%, from $18M in 1999 to $275M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 78 in the Economic Complexity Index (ECI -0.35), and 45 in total exports ($98.7B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €26.9M and imported €5.43M from Kazakhstan, resulting in a positive trade balance of €21.5M. Between December 2022 and December 2023 the exports of Belgium have decreased by €-40M (-59.8%) from €66.8M to €26.9M, while imports decreased by €-11M (-66.9%) from €16.4M to €5.43M.

Trade In December 2023, the top exports of Belgium to Kazakhstan were Pharmaceutical products (€22M), Machinery, mechanical appliances, & parts (€14.3M), Cars, tractors, trucks & parts thereof. (€4.77M), Mineral fuels, mineral oils and products... (€2.44M), and Optical, photo, & film equipment; medical... (€1.53M). In December 2023 the top imports of Belgium from Kazakhstan were Oils seeds, oleaginous fruits, grains, straw... (€3.12M), Ores, slag and ash (€1.1M), Unclassified (€231k), Cereals (€109k), and Iron & steel (€103k).

Growth In December 2023, the decrease in Belgium's year-by-year exports to Kazakhstan was explained primarily by an decrease in product exports in Plastics & articles thereof (€-329k or -41.4%), Edible products of animal origin, n.e.s. (€-122k or -59.2%), and Glass & glassware (€-2.52k or -60.2%). In December 2023, the decrease in Belgium's year-by-year imports  from Kazakhstan was explained primarily by an decrease in product imports  in Oils seeds, oleaginous fruits, grains, straw... (€-3.42M or -52.3%), Cotton (€-1.13k or -1.14%), and Cars, tractors, trucks & parts thereof. (€-244 or -87.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-40M(-59.8%)
IMPORT GROWTH (December 2022 - December 2023)€-11M(-66.9%)

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 Kazakhstan 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 $334M to Kazakhstan. The main products exported from Belgium to Kazakhstan were Packaged Medicaments ($82M), Refined Petroleum ($32.6M), and Tractors ($22.7M). During the last 23 years the exports of Belgium to Kazakhstan have increased at an annualized rate of 12%, from $24.9M in 1999 to $334M in 2022.

In 2022, Kazakhstan exported $275M to Belgium. The main products exported from Kazakhstan to Belgium were Linseed ($129M), Titanium ($38M), and Chromium Oxides and Hydroxides ($34.1M). During the last 23 years the exports of Kazakhstan to Belgium have increased at an annualized rate of 12.6%, from $18M in 1999 to $275M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Kazakhstan
Top DestinationChina$13.4B

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

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

In 2021, countries that imported more from Kazakhstan than Belgium were China ($13.4B), Russia ($8.78B), and Uzbekistan ($3.68B).

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

Comparative Advantage Belgium - Kazakhstan

Flow
Scale

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

During 2022, Belgium had a large net trade with Kazakhstan in the exports of Chemical Products ($143M), Machines ($57.1M), and Mineral Products ($33.8M).

During 2022, Kazakhstan had a large net trade with Belgium in the exports of Vegetable Products ($130M), Metals ($43.1M), and Mineral Products ($40.2M).

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

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

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