Flag Canada / Belgium Flag

2019
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Exports
: $2.73B, Rnk 12 / 214

2019
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Top Product
: $562M, Diamonds

2019
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Exports
: $4.13B, Rnk 16 / 219

2019
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Top Product
: $813M, Armored vehicles

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 30 / 146

2019
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Economic Complexity (ECI)
: ECI 1.34, Rnk 18 / 146

2019
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GDP
: $1.74T, CURRENT US$
Rnk 10 / 187

2009-2019
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GDP GROWTH
: 26.6%, CURRENT US$
Rnk 134 / 187

2019
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 GDP
: $533B, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 161 / 187

2019
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GDP PC 
: $46,195, CURRENT US$
Rnk 20 / 187

2009-2019
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GDP PC GROWTH
: 13.3%, CURRENT US$
Rnk 132 / 187

2019
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GDP PC
: $46,421, CURRENT US$
Rnk 19 / 187

2009-2019
Flag
GDP PC GROWTH
: 4.12%, CURRENT US$
Rnk 147 / 187

Canada-Belgium In 2019, Canada exported $2.73B to Belgium. The main products that Canada exported to Belgium are Diamonds ($562M), Iron Ore ($291M), and Packaged Medicaments ($252M). During the last 20 years the exports of Canada to Belgium have increased at an annualized rate of 3.26%, from $1.44B in 1999 to $2.73B in 2019.

In 2017, Canada exported services to Belgium worth $192M, with Travel ($105M), Transportation ($84M), and Government services, n.i.e. ($3M) being the largest in terms of value.

Belgium-Canada In 2019, Belgium exported $4.13B to Canada . The main products that Belgium exported to Canada were Armored vehicles ($813M), Hormones ($799M), and Packaged Medicaments ($417M). During the last 20 years the exports of Belgium to Canada have increased at an annualized rate of 8.78%, from $767M in 1999 to $4.13B in 2019.

In 2018, Belgium exported services to Canada worth $435M, with Other business services ($188M), Transportation ($133M), and Communications services ($41.3M) being the largest in terms of value.

Comparison In 2019,  Canada ranked 30 in the Economic Complexity Index (ECI 1.01), and 11 in total exports ($431B). That same year, Belgium ranked 18 in the Economic Complexity Index (ECI 1.34), and 12 in total exports ($411B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Canada exported $2.73B to Belgium. The main products exported from Canada to Belgium were Diamonds ($562M), Iron Ore ($291M), and Packaged Medicaments ($252M). During the last 20 years the exports of Canada to Belgium have increased at an annualized rate of 3.26%, from $1.44B in 1999 to $2.73B in 2019.

In 2019, Belgium exported $4.13B to Canada. The main products exported from Belgium to Canada were Armored vehicles ($813M), Hormones ($799M), and Packaged Medicaments ($417M). During the last 20 years the exports of Belgium to Canada have increased at an annualized rate of 8.78%, from $767M in 1999 to $4.13B in 2019.

Canada Exports

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Belgium Exports

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Market Competitiveness

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Measure

Canada
Top Destination
: United States, $314B

Belgium
Top Destination
: Germany, $68.9B

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

In 2019, countries that imported more from Canada than Belgium were United States ($314B), China ($18.5B), and Japan ($9.92B).

In 2019, countries that imported more from Belgium than Canada were Germany ($68.9B), France ($55.6B), and Netherlands ($53.1B).

Comparative Advantage Canada - Belgium

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Depth

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

During 2019, Canada had a large net trade with Belgium in the exports of Precious Metals ($568M), Chemical Products ($543M), and Mineral Products ($529M).

During 2019, Belgium had a large net trade with Canada in the exports of Chemical Products ($1.73B), Transportation ($969M), and Mineral Products ($384M).

Tariff Section

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This section shows import tariffs for products traded between Canada and Belgium (using the HS6 product classification and the last year reported).

In 2018, the products from Canada that paid the highest import tariffs to enter Belgium were Dairy produce: fats and oils derived from milk (other than butter or dairy spreads) (314%) and Dairy produce: derived from milk, butter (299%).

In 2017, the products from Belgium that paid the highest import tariffs to enter Canada were Sugar beet (178%) and Whey (173%).

*The tariffs present between Canada and Belgium are:
136: Most Favoured Nation duty rate treatement
219: Preferential tariff for European Union countries (AA) Association Agreement

Bilateral Service Trade

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In 2017, Canada exported services to Belgium worth $192M, with Travel ($105M), Transportation ($84M), and Government services, n.i.e. ($3M) being the largest in terms of value.

In 2018, Belgium exported services to Canada worth $435M, with Other business services ($188M), Transportation ($133M), and Communications services ($41.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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 Canada has comparative advantage over Belgium. Similarly, the more red a dot/product is, the more Belgium has comparative advantage over Canada.