2022
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GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP
$579BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC 
$48,432CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Germany-Belgium In 2022, Germany exported $61.6B to Belgium. The main products that Germany exported to Belgium are Cars ($5.93B), Packaged Medicaments ($4.2B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.69B). During the last 23 years the exports of Germany to Belgium have increased at an annualized rate of 3.52%, from $27.8B in 1999 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 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). During the last 23 years the exports of Belgium to Germany have increased at an annualized rate of 5.23%, from $28.4B in 1999 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 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $61.6B to Belgium. The main products exported from Germany to Belgium were Cars ($5.93B), Packaged Medicaments ($4.2B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.69B). During the last 23 years the exports of Germany to Belgium have increased at an annualized rate of 3.52%, from $27.8B in 1999 to $61.6B in 2022.

In 2022, Belgium exported $91.9B to Germany. The main products exported from Belgium to Germany were Petroleum Gas ($29.1B), Vaccines, blood, antisera, toxins and cultures ($7.86B), and Refined Petroleum ($3.77B). During the last 23 years the exports of Belgium to Germany have increased at an annualized rate of 5.23%, from $28.4B in 1999 to $91.9B in 2022.

Exports from Germany (Flag) to Belgium (Flag) (2022)

Exports from Belgium (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Belgium
Top Destination
Germany$91.9B

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 2021, countries that imported more from Germany than Belgium were United States ($153B), China ($109B), and Austria ($86.5B).

In 2021, countries that imported more from Belgium than Germany were Nigeria ($7.72B), Libya ($1.28B), and Senegal ($877M).

Difference in imports from Belgium (Flag) and Germany (Flag) (2022)

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 2022, Germany had a large net trade with Belgium in the exports of Chemical Products ($14.7B), Machines ($9.64B), and Transportation ($9B).

During 2022, Belgium had a large net trade with Germany in the exports of Mineral Products ($34B), Chemical Products ($19.1B), and Metals ($7.96B).

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) (2022)

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