Flag Belgium / Zimbabwe Flag

2020
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Exports
: $18.1M, Rnk 144 / 218

2020
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Top Product
: $5.36M, Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc

2020
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Exports
: $172M, Rnk 6 / 124

2020
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Top Product
: $161M, Diamonds, whether or not worked, but not mounted or set

2020
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Economic Complexity (ECI)
: ECI 1.33, Rnk 17 / 127

2020
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Economic Complexity (ECI)
: ECI -0.91, Rnk 98 / 127

2020
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GDP
: $522B, CURRENT US$
Rnk 23 / 195

2010-2020
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GDP GROWTH
: 8.51%, CURRENT US$
Rnk 144 / 195

2020
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 GDP
: $18.1B, CURRENT US$
Rnk 115 / 195

2010-2020
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GDP GROWTH
: 49.9%, CURRENT US$
Rnk 56 / 195

2020
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GDP PC 
: $45,159, CURRENT US$
Rnk 20 / 195

2010-2020
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GDP PC GROWTH
: 2.3%, CURRENT US$
Rnk 128 / 195

2020
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GDP PC
: $1,215, CURRENT US$
Rnk 166 / 195

2010-2020
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GDP PC GROWTH
: 28.1%, CURRENT US$
Rnk 66 / 195

Belgium-Zimbabwe In 2020, Belgium exported $18.1M to Zimbabwe. The main products that Belgium exported to Zimbabwe are Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc ($5.36M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($2.36M), and Insulated wire, cable and other electric conductors, connector fitted or not; optical fibre cables of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors ($1.61M). During the last 21 years the exports of Belgium to Zimbabwe have decreased at an annualized rate of 0.54%, from $20.3M in 1999 to $18.1M in 2020.

In 2020, Belgium did not export any services to Zimbabwe.

Zimbabwe-Belgium In 2020, Zimbabwe exported $172M to Belgium . The main products that Zimbabwe exported to Belgium were Diamonds, whether or not worked, but not mounted or set ($161M), Tobacco, unmanufactured; tobacco refuse ($7.68M), and Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal ($1.35M). During the last 21 years the exports of Zimbabwe to Belgium have increased at an annualized rate of 7.4%, from $38.5M in 1999 to $172M in 2020.

In 2020, Zimbabwe did not export any services to Belgium.

Comparison In 2020,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.33), and 14 in total exports ($309B). That same year, Zimbabwe ranked 98 in the Economic Complexity Index (ECI -0.91), and 116 in total exports ($4.34B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Belgium exported $18.1M to Zimbabwe. The main products exported from Belgium to Zimbabwe were Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc ($5.36M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($2.36M), and Insulated wire, cable and other electric conductors, connector fitted or not; optical fibre cables of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors ($1.61M). During the last 21 years the exports of Belgium to Zimbabwe have decreased at an annualized rate of 0.54%, from $20.3M in 1999 to $18.1M in 2020.

In 2020, Zimbabwe exported $172M to Belgium. The main products exported from Zimbabwe to Belgium were Diamonds, whether or not worked, but not mounted or set ($161M), Tobacco, unmanufactured; tobacco refuse ($7.68M), and Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal ($1.35M). During the last 21 years the exports of Zimbabwe to Belgium have increased at an annualized rate of 7.4%, from $38.5M in 1999 to $172M in 2020.

Market Competitiveness

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Measure

Belgium
Top Destination
: Germany, $45.7B

Zimbabwe
Top Destination
: United Arab Emirates, $1.92B

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

In 2019, countries that imported more from Belgium than Zimbabwe were Germany ($45.7B), France ($44.4B), and Netherlands ($37.1B).

In 2019, countries that imported more from Zimbabwe than Belgium were Mozambique ($369M), Uganda ($331M), and Zambia ($71.5M).

Comparative Advantage Belgium - Zimbabwe

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Flow

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

During 2020, Belgium had a large net trade with Zimbabwe in the exports of Chemical Products ($10.6M), Machines ($4.24M), and Instruments ($1.15M).

During 2020, Zimbabwe had a large net trade with Belgium in the exports of Precious Metals ($162M), Foodstuffs ($7.68M), and Vegetable Products ($732k).

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 yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Zimbabwe. Similarly, the more yellow a dot/product is, the more Zimbabwe has comparative advantage over Belgium.