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Pricing

2022
Flag → Flag
Exports $145kRnk 202 / 222
2022
Flag → Flag
Top Product $100kVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $34.7kRnk 28 / 66
2022
Flag → Flag
Top Product $34.7kCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 95 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH3.58%CURRENT US$
Rnk 133 / 186

About

Belgium-Vanuatu Trade: In 2022, Belgium exported $145k to Vanuatu. The main products that Belgium exported to Vanuatu were Vaccines, blood, antisera, toxins and cultures ($100k), Hard Liquor ($21.3k), and Transmissions ($13.4k). Over the past 5 years the exports of Belgium to Vanuatu have decreased at an annualized rate of 17.6%, from $381k in 2017 to $145k in 2022.

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

Vanuatu-Belgium Trade: In 2022, Vanuatu exported $34.7k to Belgium. The main products that Vanuatu exported to Belgium were Cocoa Beans ($34.7k). Over the past 5 years the exports of Vanuatu to Belgium have increased at an annualized rate of 131%,  from $528 in 2017 to $34.7k in 2022.

In 2022, Vanuatu 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, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €4.19k and imported €516 from Vanuatu, resulting in a positive trade balance of €3.67k. Between August 2023 and August 2024 the exports of Belgium have decreased by €-18k (-81.1%) from €22.2k to €4.19k, while imports decreased by €-2.2k (-81%) from €2.72k to €516.

Trade In August 2024, the top exports of Belgium to Vanuatu were Beverages, spirits, & vinegar (€33.7k) and Miscellaneous edible preparations (€83). In August 2024 the top imports of Belgium from Vanuatu were .

Growth In August 2024, the decrease in Belgium's year-by-year exports to Vanuatu was explained primarily by an decrease in product exports in . In March 2024, the decrease in Belgium's year-by-year imports  from Vanuatu was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-18k(-81.1%)
IMPORT GROWTH (March 2023 - March 2024)€-2.2k(-81%)

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 Vanuatu and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Vanuatu and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $145k to Vanuatu. The main products exported from Belgium to Vanuatu were Vaccines, blood, antisera, toxins and cultures ($100k), Hard Liquor ($21.3k), and Transmissions ($13.4k). During the last 5 years the exports of Belgium to Vanuatu have decreased at an annualized rate of 17.6%, from $381k in 2017 to $145k in 2022.

In 2017, Vanuatu exported $34.7k to Belgium. The main products exported from Vanuatu to Belgium were Cocoa Beans ($34.7k). During the last 5 years the exports of Vanuatu to Belgium have increased at an annualized rate of 131%, from $528 in 2022 to $34.7k in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Vanuatu
Top DestinationThailand$86.1M

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

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

In 2022, countries that imported more from Vanuatu than Belgium included Fiji ($6.36M).

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

Comparative Advantage Belgium - Vanuatu

Flow
Scale

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

During 2022, Belgium had a large net trade with Vanuatu in the exports of Chemical Products ($100k), Foodstuffs ($26.8k), and Machines ($18.2k).

During 2017, Vanuatu had a large net trade with Belgium in the exports of Foodstuffs ($34.7k).

Economic Complexity

Competitive Landscape

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

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

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