Flag Belgium / Netherlands Flag

2019
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Exports
: $53.1B, Rnk 3 / 219

2019
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Top Product
: $5.34B, Refined Petroleum

2019
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Exports
: $65.7B, Rnk 2 / 223

2019
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Top Product
: $7.56B, Crude Petroleum

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

2019
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Economic Complexity (ECI)
: ECI 1.19, Rnk 22 / 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
: $907B, CURRENT US$
Rnk 17 / 187

2009-2019
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GDP GROWTH
: 4.49%, CURRENT US$
Rnk 169 / 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
: $52,331, CURRENT US$
Rnk 13 / 187

2009-2019
Flag
GDP PC GROWTH
: -0.35%, CURRENT US$
Rnk 163 / 187

Belgium-Netherlands In 2019, Belgium exported $53.1B to Netherlands. The main products that Belgium exported to Netherlands are Refined Petroleum ($5.34B), Cars ($3.15B), and Coal Tar Oil ($1.37B). During the last 20 years the exports of Belgium to Netherlands have increased at an annualized rate of 4.82%, from $20.7B in 1999 to $53.1B in 2019.

In 2018, Belgium exported services to Netherlands worth $16.7B, with Other business services ($5.97B), Transportation ($4.86B), and Travel ($2.76B) being the largest in terms of value.

Netherlands-Belgium In 2019, Netherlands exported $65.7B to Belgium . The main products that Netherlands exported to Belgium were Crude Petroleum ($7.56B), Refined Petroleum ($7.01B), and Petroleum Gas ($2.51B). During the last 20 years the exports of Netherlands to Belgium have increased at an annualized rate of 5.3%, from $23.4B in 1999 to $65.7B in 2019.

In 2018, Netherlands exported services to Belgium worth $12.4B, with Other business services ($4.22B), Transportation ($3.28B), and Travel ($2.33B) 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, Netherlands ranked 22 in the Economic Complexity Index (ECI 1.19), and 7 in total exports ($534B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Belgium exported $53.1B to Netherlands. The main products exported from Belgium to Netherlands were Refined Petroleum ($5.34B), Cars ($3.15B), and Coal Tar Oil ($1.37B). During the last 20 years the exports of Belgium to Netherlands have increased at an annualized rate of 4.82%, from $20.7B in 1999 to $53.1B in 2019.

In 2019, Netherlands exported $65.7B to Belgium. The main products exported from Netherlands to Belgium were Crude Petroleum ($7.56B), Refined Petroleum ($7.01B), and Petroleum Gas ($2.51B). During the last 20 years the exports of Netherlands to Belgium have increased at an annualized rate of 5.3%, from $23.4B in 1999 to $65.7B in 2019.

Belgium Exports

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Netherlands Exports

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Market Competitiveness

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Measure

Belgium
Top Destination
: Germany, $68.9B

Netherlands
Top Destination
: Germany, $106B

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

In 2019, countries that imported more from Belgium than Netherlands were France ($55.6B), Luxembourg ($6.92B), and India ($8B).

In 2019, countries that imported more from Netherlands than Belgium were Germany ($106B), United Kingdom ($48.5B), and Chinese Taipei ($8.63B).

Comparative Advantage Belgium - Netherlands

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Depth

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

During 2019, Belgium had a large net trade with Netherlands in the exports of Mineral Products ($9.97B), Chemical Products ($7.97B), and Transportation ($6.07B).

During 2019, Netherlands had a large net trade with Belgium in the exports of Mineral Products ($19B), Machines ($9.48B), and Chemical Products ($8.97B).

Bilateral Service Trade

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In 2018, Belgium exported services to Netherlands worth $16.7B, with Other business services ($5.97B), Transportation ($4.86B), and Travel ($2.76B) being the largest in terms of value.

In 2018, Netherlands exported services to Belgium worth $12.4B, with Other business services ($4.22B), Transportation ($3.28B), and Travel ($2.33B) 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 Netherlands. Similarly, the more red a dot/product is, the more Netherlands has comparative advantage over Belgium.