Belgium (BEL) and Tuvalu (TUV) Trade | The Observatory of Economic Complexity

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Belgium-Tuvalu Trade: In 2022, Belgium exported $71.1k to Tuvalu. The main products that Belgium exported to Tuvalu were Vaccines, blood, antisera, toxins and cultures ($71.1k). Over the past 9 years the exports of Belgium to Tuvalu have increased at an annualized rate of 59.5%, from $1.06k in 2013 to $71.1k in 2022.

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

Tuvalu-Belgium Trade: In 2022, Tuvalu exported $16 to Belgium. The main products that Tuvalu exported to Belgium were Low-voltage Protection Equipment ($12) and Synthetic Rubber ($4). Over the past 9 years the exports of Tuvalu to Belgium have decreased at an annualized rate of 75.9%, from $19.5k in 2013 to $16 in 2022.

In 2022, Tuvalu 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, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Latest Trends

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Overview In N/A, Belgium exported €N/A and imported €N/A from Tuvalu, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to Tuvalu were . In N/A the top imports of Belgium from Tuvalu were Cars, tractors, trucks & parts thereof. (€15).

Growth In N/A, the N/A in Belgium's year-by-year exports to Tuvalu was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports from Tuvalu was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belgium exported $71.1k to Tuvalu. The main products exported from Belgium to Tuvalu were Vaccines, blood, antisera, toxins and cultures ($71.1k). During the last 9 years the exports of Belgium to Tuvalu have increased at an annualized rate of 59.5%, from $1.06k in 2013 to $71.1k in 2022.

In 2017, Tuvalu exported $16 to Belgium. The main products exported from Tuvalu to Belgium were Low-voltage Protection Equipment ($12) and Synthetic Rubber ($4). During the last 5 years the exports of Tuvalu to Belgium have decreased at an annualized rate of 75.9%, from $19.5k in 2022 to $16 in 2017.

Exports from Belgium () to Tuvalu () (2022)

Exports from Tuvalu () to Belgium () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belgium
Top DestinationGermany$91.9B

Tuvalu
Top DestinationThailand$50M

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

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

In 2022, no countries were registered that imported more from Tuvalu than from Belgium.

Difference in imports from Tuvalu () and Belgium () (2022)

Comparative Advantage Belgium - Tuvalu

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belgium had a large net trade with Tuvalu in the exports of Chemical Products ($71.1k).

During 2017, Tuvalu had a large net trade with Belgium in the exports of Machines ($12) and Plastics and Rubbers ($4).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Belgium () to Tuvalu () (2022)

Exports from Tuvalu () to Belgium () (2022)

Market Competitiveness

Difference in imports from Tuvalu () and Belgium () (2022)

Comparative Advantage Belgium - Tuvalu

Economic Complexity

Competitive Landscape

Product Space of Belgium () and Tuvalu () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Belgium () to Tuvalu () (2022)

Exports from Tuvalu () to Belgium () (2022)

Market Competitiveness

Difference in imports from Tuvalu () and Belgium () (2022)

Comparative Advantage Belgium - Tuvalu

Economic Complexity

Competitive Landscape

Product Space of Belgium () and Tuvalu () (2022)

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