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ExportsGermany-Belgium Trade: In 2022, Germany exported $61.6B to Belgium. The main products that Germany exported to Belgium were Cars ($5.93B), Packaged Medicaments ($4.2B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.69B). Over the past 5 years the exports of Germany to Belgium have increased at an annualized rate of 4.88%, from $48.5B in 2017 to $61.6B in 2022.
In 2020, Germany exported services to Belgium worth $6.02B, with Other business services ($2.99B), Transportation ($1.29B), and Travel ($875M) being the largest in terms of value.
Belgium-Germany Trade: In 2022, Belgium exported $91.9B to Germany. The main products that Belgium exported to Germany were Petroleum Gas ($29.1B), Vaccines, blood, antisera, toxins and cultures ($7.86B), and Refined Petroleum ($3.77B). Over the past 5 years the exports of Belgium to Germany have increased at an annualized rate of 14.6%, from $46.5B in 2017 to $91.9B in 2022.
In 2020, Belgium exported services to Germany worth $9.86B, with Other business services ($3.75B), Transportation ($2.58B), and Computer and information services ($1.04B) being the largest in terms of value.
Comparison: In 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).
