Flag Germany / Belgium Flag

2019
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Exports
: $51.3B, Rnk 10 / 223

2019
FlagFlag
Top Product
: $5.74B, Cars

2019
FlagFlag
Exports
: $68.9B, Rnk 1 / 219

2019
FlagFlag
Top Product
: $6.84B, Cars

2019
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Economic Complexity (ECI)
: ECI 1.92, Rnk 4 / 146

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

2019
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GDP
: $3.86T, CURRENT US$
Rnk 4 / 187

2009-2019
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GDP GROWTH
: 13.6%, CURRENT US$
Rnk 158 / 187

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

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

2019
Flag
GDP PC 
: $46,445, CURRENT US$
Rnk 18 / 187

2009-2019
Flag
GDP PC GROWTH
: 12%, CURRENT US$
Rnk 135 / 187

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

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

Germany-Belgium In 2019, Germany exported $51.3B to Belgium. The main products that Germany exported to Belgium are Cars ($5.74B), Packaged Medicaments ($2.04B), and Vehicle Parts ($1.79B). During the last 20 years the exports of Germany to Belgium have increased at an annualized rate of 3.08%, from $27.9B in 1999 to $51.3B in 2019.

In 2018, Germany exported services to Belgium worth $7.68B, with Other business services ($3.31B), Transportation ($1.61B), and Travel ($1.51B) being the largest in terms of value.

Belgium-Germany In 2019, Belgium exported $68.9B to Germany . The main products that Belgium exported to Germany were Cars ($6.84B), Nitrogen Heterocyclic Compounds ($4.63B), and Refined Petroleum ($4.38B). During the last 20 years the exports of Belgium to Germany have increased at an annualized rate of 4.64%, from $27.8B in 1999 to $68.9B in 2019.

In 2018, Belgium exported services to Germany worth $9.96B, with Other business services ($4.21B), Transportation ($3.01B), and Computer and information services ($830M) being the largest in terms of value.

Comparison In 2019,  Germany ranked 4 in the Economic Complexity Index (ECI 1.92), and 3 in total exports ($1.44T). 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, Germany exported $51.3B to Belgium. The main products exported from Germany to Belgium were Cars ($5.74B), Packaged Medicaments ($2.04B), and Vehicle Parts ($1.79B). During the last 20 years the exports of Germany to Belgium have increased at an annualized rate of 3.08%, from $27.9B in 1999 to $51.3B in 2019.

In 2019, Belgium exported $68.9B to Germany. The main products exported from Belgium to Germany were Cars ($6.84B), Nitrogen Heterocyclic Compounds ($4.63B), and Refined Petroleum ($4.38B). During the last 20 years the exports of Belgium to Germany have increased at an annualized rate of 4.64%, from $27.8B in 1999 to $68.9B in 2019.

Germany Exports

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Belgium Exports

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Market Competitiveness

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Measure

Germany
Top Destination
: United States, $131B

Belgium
Top Destination
: Germany, $68.9B

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 United States ($131B), China ($107B), and Austria ($67.5B).

In 2019, countries that imported more from Belgium than Germany were Nigeria ($2.81B), Togo ($1.03B), and Luxembourg ($6.92B).

Comparative Advantage Germany - Belgium

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Depth

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

During 2019, Germany had a large net trade with Belgium in the exports of Machines ($9.55B), Chemical Products ($9.43B), and Transportation ($9.18B).

During 2019, Belgium had a large net trade with Germany in the exports of Chemical Products ($18.8B), Transportation ($9.25B), and Metals ($7.46B).

Bilateral Service Trade

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In 2018, Germany exported services to Belgium worth $7.68B, with Other business services ($3.31B), Transportation ($1.61B), and Travel ($1.51B) being the largest in terms of value.

In 2018, Belgium exported services to Germany worth $9.96B, with Other business services ($4.21B), Transportation ($3.01B), and Computer and information services ($830M) 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 Germany has comparative advantage over Belgium. Similarly, the more red a dot/product is, the more Belgium has comparative advantage over Germany.