2021
Flag  
GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
 GDP
$594BCURRENT US$
Rnk 23 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 131 / 204
2021
Flag
GDP PC 
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204
2021
Flag
GDP PC
$51,268CURRENT US$
Rnk 25 / 204
2011-2021
Flag
GDP PC GROWTH
8.14%CURRENT US$
Rnk 122 / 204

About

Germany-Belgium In 2021, Germany exported $59.1B to Belgium. The main products that Germany exported to Belgium are Cars ($4.73B), Packaged Medicaments ($3.11B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.66B). During the last 22 years the exports of Germany to Belgium have increased at an annualized rate of 3.49%, from $27.8B in 1999 to $59.1B in 2021.

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 2021, Belgium exported $62.7B to Germany. The main products that Belgium exported to Germany were Vaccines, blood, antisera, toxins and cultures ($10.1B), Cars ($4.4B), and Platinum ($2.81B). During the last 22 years the exports of Belgium to Germany have increased at an annualized rate of 3.59%, from $28.8B in 1999 to $62.7B in 2021.

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 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Belgium ranked 18 in the Economic Complexity Index (ECI 1.28), and 15 in total exports ($403B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Germany exported $59.1B to Belgium. The main products exported from Germany to Belgium were Cars ($4.73B), Packaged Medicaments ($3.11B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.66B). During the last 22 years the exports of Germany to Belgium have increased at an annualized rate of 3.49%, from $27.8B in 1999 to $59.1B in 2021.

In 2021, Belgium exported $62.7B to Germany. The main products exported from Belgium to Germany were Vaccines, blood, antisera, toxins and cultures ($10.1B), Cars ($4.4B), and Platinum ($2.81B). During the last 22 years the exports of Belgium to Germany have increased at an annualized rate of 3.59%, from $28.8B in 1999 to $62.7B in 2021.

Exports from Germany (Flag) to Belgium (Flag) (2021)

Exports from Belgium (Flag) to Germany (Flag) (2021)

Market Competitiveness

Color
Germany
Top Destination
United States$135B
Belgium
Top Destination
Germany$62.7B

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 2021, countries that imported more from Germany than Belgium were China ($121B), United States ($135B), and Austria ($81.7B).

In 2021, countries that imported more from Belgium than Germany were Nigeria ($2.34B), Botswana ($992M), and Senegal ($648M).

Difference in imports from Belgium (Flag) and Germany (Flag) (2021)

Comparative Advantage Germany - Belgium

Flow
Scale

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

During 2021, Germany had a large net trade with Belgium in the exports of Chemical Products ($12.3B), Machines ($9.8B), and Transportation ($8.14B).

During 2021, Belgium had a large net trade with Germany in the exports of Chemical Products ($19.2B), Metals ($7.17B), and Transportation ($6.55B).

Service Trade

Bilateral Service Trade

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.

Services Exports from Germany (Flag) to Belgium (Flag) (2020)

Services Exports from Belgium (Flag) to Germany (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Germany (Flag) and Belgium (Flag) (2021)

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