Flag Germany / Belgium Flag

2020
FlagFlag
Exports
: $47.7B, Rnk 10 / 220

2020
FlagFlag
Top Product
: $5.04B, Cars

2020
FlagFlag
Exports
: $45.7B, Rnk 1 / 218

2020
FlagFlag
Top Product
: $4.86B, Cars

2020
Flag
Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

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

2020
Flag  
GDP
: $3.85T, CURRENT US$
Rnk 4 / 204

2010-2020
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GDP GROWTH
: 13.1%, CURRENT US$
Rnk 136 / 204

2020
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 GDP
: $522B, CURRENT US$
Rnk 23 / 204

2010-2020
Flag
GDP GROWTH
: 8.36%, CURRENT US$
Rnk 147 / 204

2020
Flag
GDP PC 
: $46,253, CURRENT US$
Rnk 20 / 204

2010-2020
Flag
GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 110 / 204

2020
Flag
GDP PC
: $45,189, CURRENT US$
Rnk 23 / 204

2010-2020
Flag
GDP PC GROWTH
: 2.27%, CURRENT US$
Rnk 131 / 204

Germany-Belgium In 2020, Germany exported $47.7B to Belgium. The main products that Germany exported to Belgium are Cars ($5.04B), Packaged Medicaments ($2.37B), and Vaccines, blood, antisera, toxins and cultures ($1.53B). During the last 21 years the exports of Germany to Belgium have increased at an annualized rate of 2.6%, from $27.8B in 1999 to $47.7B in 2020.

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 In 2020, Belgium exported $45.7B to Germany. The main products that Belgium exported to Germany were Cars ($4.86B), Nitrogen Heterocyclic Compounds ($2.37B), and Platinum ($2.05B). During the last 21 years the exports of Belgium to Germany have increased at an annualized rate of 2.21%, from $28.9B in 1999 to $45.7B in 2020.

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 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.33), and 14 in total exports ($309B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Germany exported $47.7B to Belgium. The main products exported from Germany to Belgium were Cars ($5.04B), Packaged Medicaments ($2.37B), and Vaccines, blood, antisera, toxins and cultures ($1.53B). During the last 21 years the exports of Germany to Belgium have increased at an annualized rate of 2.6%, from $27.8B in 1999 to $47.7B in 2020.

In 2020, Belgium exported $45.7B to Germany. The main products exported from Belgium to Germany were Cars ($4.86B), Nitrogen Heterocyclic Compounds ($2.37B), and Platinum ($2.05B). During the last 21 years the exports of Belgium to Germany have increased at an annualized rate of 2.21%, from $28.9B in 1999 to $45.7B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $116B

Belgium
Top Destination
: Germany, $45.7B

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

In 2019, countries that imported more from Germany than Belgium were China ($106B), United States ($116B), and Austria ($64.4B).

In 2019, countries that imported more from Belgium than Germany were Nigeria ($1.99B), Botswana ($465M), and Senegal ($515M).

Comparative Advantage Germany - Belgium

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Flow
Scale

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

During 2020, Germany had a large net trade with Belgium in the exports of Chemical Products ($9.47B), Machines ($8.68B), and Transportation ($8.05B).

During 2020, Belgium had a large net trade with Germany in the exports of Chemical Products ($11.3B), Transportation ($6.81B), and Metals ($4.92B).

Bilateral Service Trade

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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.

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.

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