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2022
Flag → Flag
Exports $475MRnk 64 / 222
2022
Flag → Flag
Top Product $129MRefined Petroleum
2022
Flag → Flag
Exports $315MRnk 15 / 173
2022
Flag → Flag
Top Product $49.8MKnit Women's Undergarments
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 54 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP GROWTH-1.37%CURRENT US$
Rnk 167 / 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$3,777CURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP PC GROWTH-10.8%CURRENT US$
Rnk 164 / 186

About

Belgium-Tunisia Trade: In 2022, Belgium exported $475M to Tunisia. The main products that Belgium exported to Tunisia were Refined Petroleum ($129M), Vaccines, blood, antisera, toxins and cultures ($15.4M), and Packaged Medicaments ($13.3M). Over the past 5 years the exports of Belgium to Tunisia have increased at an annualized rate of 7.17%, from $336M in 2017 to $475M in 2022.

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

Tunisia-Belgium Trade: In 2022, Tunisia exported $315M to Belgium. The main products that Tunisia exported to Belgium were Knit Women's Undergarments ($49.8M), Non-Knit Active Wear ($32.2M), and Refined Petroleum ($28.8M). Over the past 5 years the exports of Tunisia to Belgium have increased at an annualized rate of 10.3%,  from $193M in 2017 to $315M in 2022.

In 2022, Tunisia 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, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B).

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €19.1M and imported €8.71M from Tunisia, resulting in a positive trade balance of €10.4M. Between August 2023 and August 2024 the exports of Belgium have decreased by €-3.64M (-16%) from €22.7M to €19.1M, while imports decreased by €-3.89M (-30.9%) from €12.6M to €8.71M.

Trade In August 2024, the top exports of Belgium to Tunisia were Mineral fuels, mineral oils and products... (€30.4M), Electrical machinery and electronics (€2.95M), Plastics & articles thereof (€1.69M), Pharmaceutical products (€1.45M), and Non-knitted clothing accesories (€1.44M). In August 2024 the top imports of Belgium from Tunisia were Non-knitted clothing accesories (€12M), Copper articles (€1.64M), Knitted clothing accesories (€1.51M), Machinery, mechanical appliances, & parts (€879k), and Paper articles (€761k).

Growth In August 2024, the decrease in Belgium's year-by-year exports to Tunisia was explained primarily by an decrease in product exports in Zinc articles (€-1.33M or -88.1%), Inorganic chemicals (€-444k or -59%), and Aluminum articles (€-370k or -44.6%). In August 2024, the decrease in Belgium's year-by-year imports  from Tunisia was explained primarily by an decrease in product imports  in Knitted clothing accesories (€-408k or -21.2%), Misc. manufactures (€-242k or -95.3%), and Perfumery & cosmetics (€-167k or -45%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-3.64M(-16%)
IMPORT GROWTH (August 2023 - August 2024)€-3.89M(-30.9%)

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 Tunisia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Tunisia and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $475M to Tunisia. The main products exported from Belgium to Tunisia were Refined Petroleum ($129M), Vaccines, blood, antisera, toxins and cultures ($15.4M), and Packaged Medicaments ($13.3M). During the last 5 years the exports of Belgium to Tunisia have increased at an annualized rate of 7.17%, from $336M in 2017 to $475M in 2022.

In 2017, Tunisia exported $315M to Belgium. The main products exported from Tunisia to Belgium were Knit Women's Undergarments ($49.8M), Non-Knit Active Wear ($32.2M), and Refined Petroleum ($28.8M). During the last 5 years the exports of Tunisia to Belgium have increased at an annualized rate of 10.3%, from $193M in 2022 to $315M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Tunisia
Top DestinationFrance$4.8B

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

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

In 2022, countries that imported more from Tunisia than Belgium included Malta ($206M), Namibia ($25.9M), and Seychelles ($6.88M).

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

Comparative Advantage Belgium - Tunisia

Flow
Scale

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

During 2022, Belgium had a large net trade with Tunisia in the exports of Mineral Products ($129M), Textiles ($101M), and Chemical Products ($81.6M).

During 2017, Tunisia had a large net trade with Belgium in the exports of Textiles ($178M), Mineral Products ($36.6M), and Machines ($30M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Tunisia+$40.4MRefined Petroleum
Top Product Potential Tunisia Belgium+$22.8MRefined Petroleum

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 Tunisia. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Tunisia. Similarly, a dot/product with the flag of Tunisia indicates it has a comparative advantage over Belgium.

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

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