2022
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GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$49,583CURRENT US$
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2012-2022
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GDP PC GROWTH
11%CURRENT US$
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2022
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GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Belgium-South Africa In 2022, Belgium exported $1.54B to South Africa. The main products that Belgium exported to South Africa are Refined Petroleum ($327M), Pesticides ($114M), and Packaged Medicaments ($74M). During the last 23 years the exports of Belgium to South Africa have increased at an annualized rate of 4.24%, from $593M in 1999 to $1.54B in 2022.

In 2020, Belgium exported services to South Africa worth $180M, with Other business services ($105M), Transportation ($37.7M), and Computer and information services ($13.7M) being the largest in terms of value.

South Africa-Belgium In 2022, South Africa exported $4.2B to Belgium. The main products that South Africa exported to Belgium were Delivery Trucks ($1.14B), Sulfates ($519M), and Diamonds ($424M). During the last 23 years the exports of South Africa to Belgium have increased at an annualized rate of 5.9%, from $1.12B in 1999 to $4.2B in 2022.

In 2022, South Africa did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $1.54B to South Africa. The main products exported from Belgium to South Africa were Refined Petroleum ($327M), Pesticides ($114M), and Packaged Medicaments ($74M). During the last 23 years the exports of Belgium to South Africa have increased at an annualized rate of 4.24%, from $593M in 1999 to $1.54B in 2022.

In 2022, South Africa exported $4.2B to Belgium. The main products exported from South Africa to Belgium were Delivery Trucks ($1.14B), Sulfates ($519M), and Diamonds ($424M). During the last 23 years the exports of South Africa to Belgium have increased at an annualized rate of 5.9%, from $1.12B in 1999 to $4.2B in 2022.

Exports from Belgium (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
South Africa
Top Destination
China$23.4B

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

In 2021, countries that imported more from Belgium than South Africa were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from South Africa than Belgium were China ($23.4B), Mozambique ($5.43B), and Botswana ($4.74B).

Difference in imports from South Africa (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - South Africa

Flow
Scale

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

During 2022, Belgium had a large net trade with South Africa in the exports of Chemical Products ($413M), Mineral Products ($350M), and Metals ($163M).

During 2022, South Africa had a large net trade with Belgium in the exports of Transportation ($1.33B), Chemical Products ($1.18B), and Precious Metals ($760M).

Service Trade

Bilateral Service Trade

In 2020, Belgium exported services to South Africa worth $180M, with Other business services ($105M), Transportation ($37.7M), and Computer and information services ($13.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to South Africa (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over South Africa. Similarly, the more yellow a dot/product is, the more South Africa has comparative advantage over Belgium.

Product Space of Belgium (Flag) and South Africa (Flag) (2022)

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