Flag Belgium-Luxembourg / United Arab Emirates Flag

1998
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Exports
: $392M, Rnk 40 / 203

1998
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Top Product
: $107M, Diamonds

1998
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Exports
: $139M, Rnk 18 / 118

1998
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Top Product
: $53.3M, Diamonds

2019
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Economic Complexity (ECI)
: ECI 0.31, Rnk 56 / 157

2019
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 GDP
: $421B, CURRENT US$
Rnk 28 / 187

2009-2019
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GDP GROWTH
: 66.1%, CURRENT US$
Rnk 68 / 187

2019
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GDP PC 
: $43,103, CURRENT US$
Rnk 22 / 187

2009-2019
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GDP PC GROWTH
: 34.6%, CURRENT US$
Rnk 83 / 187

Belgium-Luxembourg-United Arab Emirates: In 1998, Belgium-Luxembourg exported $392M to United Arab Emirates. The main products that Belgium-Luxembourg exported to United Arab Emirates are Diamonds ($107M), Packaged Medicaments ($17.9M), and Large Construction Vehicles ($16.8M). During the last 3 years the exports of Belgium-Luxembourg to United Arab Emirates have increased at an annualized rate of 11.4%, from $284M in 1995 to $392M in 1998.

In 1998, Belgium-Luxembourg did not exported services to United Arab Emirates.

United Arab Emirates-Belgium-Luxembourg: In 1998, United Arab Emirates exported $139M to Belgium-Luxembourg . The main products that United Arab Emirates exported to Belgium-Luxembourg were Diamonds ($53.3M), Knit T-shirts ($20.6M), and Knit Sweaters ($9.04M). During the last 3 years the exports of United Arab Emirates to Belgium-Luxembourg have increased at an annualized rate of 24.2%, from $72.5M in 1995 to $139M in 1998.

In 1998, United Arab Emirates did not exported services to Belgium-Luxembourg.

Comparison: In 2019,  Belgium-Luxembourg ranked N/A in total exports (N/A), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 56 in the Economic Complexity Index (ECI 0.31), and N/A in total exports (N/A).

Bilateral Trade by Products

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Depth
Value

In 1998, Belgium-Luxembourg exported $392M to United Arab Emirates. The main products exported from Belgium-Luxembourg to United Arab Emirates were Diamonds ($107M), Packaged Medicaments ($17.9M), and Large Construction Vehicles ($16.8M). During the last 3 years the exports of Belgium-Luxembourg to United Arab Emirates have increased at an annualized rate of 11.4%, from $284M in 1995 to $392M in 1998.

In 1998, United Arab Emirates exported $139M to Belgium-Luxembourg. The main products exported from United Arab Emirates to Belgium-Luxembourg were Diamonds ($53.3M), Knit T-shirts ($20.6M), and Knit Sweaters ($9.04M). During the last 3 years the exports of United Arab Emirates to Belgium-Luxembourg have increased at an annualized rate of 24.2%, from $72.5M in 1995 to $139M in 1998.

Market Competitiveness

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Measure

Belgium-Luxembourg
Top Destination
: Germany, $31.9B

United Arab Emirates
Top Destination
: India, $26.8B

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

In 2019, countries that imported more from Belgium-Luxembourg than United Arab Emirates were Germany ($31.9B), France ($29.5B), and Netherlands ($20.9B).

In 2019, countries that imported more from United Arab Emirates than Belgium-Luxembourg were India ($26.8B), Japan ($24B), and Saudi Arabia ($17.9B).

Comparative Advantage Belgium-Luxembourg - United Arab Emirates

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Depth

This chart compares trade between Belgium-Luxembourg and United Arab Emirates by product, considering products traded by both, Belgium-Luxembourg and United Arab Emirates.

During 1998, Belgium-Luxembourg had a large net trade with United Arab Emirates in the exports of Precious Metals ($109M), Machines ($92M), and Chemical Products ($51.7M).

During 1998, United Arab Emirates had a large net trade with Belgium-Luxembourg in the exports of Precious Metals ($55.5M), Textiles ($52.9M), and Chemical Products ($14M).

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 red.  This mean that the more blue a dot/product is, the more Belgium-Luxembourg has comparative advantage over United Arab Emirates. Similarly, the more red a dot/product is, the more United Arab Emirates has comparative advantage over Belgium-Luxembourg.