Germany-Belgium-Luxembourg: In 2018, Germany exported $59B to Belgium-Luxembourg . The main products that Germany exported to Belgium-Luxembourg were Cars ($6.67B), Vehicle Parts ($1.85B), and Packaged Medicaments ($1.62B). During the last 23 years the exports of Belgium-Luxembourg to Germany have increased at an annualized rate of 4.31%, from $29.3B in 1995 to $77.4B in 2018.
Comparison: In 2018, Belgium-Luxembourg ranked 10 in total exports ($442B),
and does not have data regarding Economic Complexity Index. That same year, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T).
In 2018, Germany exported $59B to Belgium-Luxembourg. The main products exported from Germany to Belgium-Luxembourg were Cars ($6.67B), Vehicle Parts ($1.85B), and Packaged Medicaments ($1.62B). During the last 23 years the exports of Germany to Belgium-Luxembourg have increased at an annualized rate of 3.16%,
from $28.9B in 1995 to $59B in 2018.
This map shows whether countries import more from Belgium-Luxembourg or Germany. Each country is colored based on the difference in imports they receive from Belgium-Luxembourg and Germany or the difference in the growth in imports.
During 2018, Germany had a large net trade with Belgium-Luxembourg in the exports of Machines ($10.7B), Transportation ($10.3B), and Chemical Products ($9.57B).
This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.
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 Germany. Similarly, the more red a dot/product is, the more Germany has comparative advantage over Belgium-Luxembourg.