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2022
Flag → Flag
Exports $129MRnk 105 / 222
2022
Flag → Flag
Top Product $82.5MDiamonds
2022
Flag → Flag
Exports $447MRnk 15 / 168
2022
Flag → Flag
Top Product $116MKnit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 92 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$30BCURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP GROWTH113%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$1,787CURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP PC GROWTH88%CURRENT US$
Rnk 12 / 186

About

Belgium-Cambodia Trade: In 2022, Belgium exported $129M to Cambodia. The main products that Belgium exported to Cambodia were Diamonds ($82.5M), Animal Meal and Pellets ($11.8M), and Vaccines, blood, antisera, toxins and cultures ($9.19M). Over the past 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 17%, from $58.7M in 2017 to $129M in 2022.

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

Cambodia-Belgium Trade: In 2022, Cambodia exported $447M to Belgium. The main products that Cambodia exported to Belgium were Knit Men's Suits ($116M), Knit Sweaters ($86.2M), and Knit Men's Coats ($51.4M). Over the past 5 years the exports of Cambodia to Belgium have increased at an annualized rate of 17.1%,  from $203M in 2017 to $447M in 2022.

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

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Cambodia ranked 92 in the Economic Complexity Index (ECI -0.6), and 69 in total exports ($35.9B).

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €7.57M and imported €3.6M from Cambodia, resulting in a positive trade balance of €3.97M. Between July 2023 and July 2024 the exports of Belgium have decreased by €-5.63M (-42.6%) from €13.2M to €7.57M, while imports increased by €1M (38.4%) from €2.6M to €3.6M.

Trade In July 2024, the top exports of Belgium to Cambodia were Precious stones, metals, & pearls (€5.43M), Pharmaceutical products (€1.5M), Products of the milling industry (€1.27M), Food residues & wastes; animal fodder (€1.07M), and Machinery, mechanical appliances, & parts (€523k). In July 2024 the top imports of Belgium from Cambodia were Knitted clothing accesories (€780k), Footwear (€633k), Electrical machinery and electronics (€519k), Products of the milling industry (€432k), and Non-knitted clothing accesories (€388k).

Growth In July 2024, the decrease in Belgium's year-by-year exports to Cambodia was explained primarily by an decrease in product exports in Rubber & articles thereof (€-21.1k or -96.1%) and Organic chemicals (€-169 or -3.19%). In July 2024, the increase in Belgium's year-by-year imports  from Cambodia was explained primarily by an increase in product imports  in Electrical machinery and electronics (€505k or 3.57k%), Products of the milling industry (€183k or 73.4%), and Footwear (€156k or 32.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-5.63M(-42.6%)
IMPORT GROWTH (July 2023 - July 2024)€1M(38.4%)

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 Cambodia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cambodia and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $129M to Cambodia. The main products exported from Belgium to Cambodia were Diamonds ($82.5M), Animal Meal and Pellets ($11.8M), and Vaccines, blood, antisera, toxins and cultures ($9.19M). During the last 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 17%, from $58.7M in 2017 to $129M in 2022.

In 2017, Cambodia exported $447M to Belgium. The main products exported from Cambodia to Belgium were Knit Men's Suits ($116M), Knit Sweaters ($86.2M), and Knit Men's Coats ($51.4M). During the last 5 years the exports of Cambodia to Belgium have increased at an annualized rate of 17.1%, from $203M in 2022 to $447M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Cambodia
Top DestinationUnited States$13B

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

In 2022, countries that imported more from Belgium than Cambodia included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Cambodia than Belgium included Vietnam ($3.67B), Thailand ($1.11B), and Northern Mariana Islands ($37.6k).

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

Comparative Advantage Belgium - Cambodia

Flow
Scale

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

During 2022, Belgium had a large net trade with Cambodia in the exports of Precious Metals ($82.5M), Foodstuffs ($13.5M), and Chemical Products ($11.1M).

During 2017, Cambodia had a large net trade with Belgium in the exports of Textiles ($397M), Vegetable Products ($13.2M), and Animal Hides ($10.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Cambodia+$8.02MCars
Top Product Potential Cambodia Belgium+$20.2MKnit Sweaters

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Cambodia. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Cambodia. Similarly, a dot/product with the flag of Cambodia indicates it has a comparative advantage over Belgium.

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

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