2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
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GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
 GDP
$579BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
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2022
Flag
GDP PC 
$40,964CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

France-Belgium Trade: In 2022, France exported $47.8B to Belgium. The main products that France exported to Belgium were Cars ($3.39B), Vaccines, blood, antisera, toxins and cultures ($2.72B), and Integrated Circuits ($2.67B). Over the past 5 years the exports of France to Belgium have increased at an annualized rate of 5.94%, from $35.8B in 2017 to $47.8B in 2022.

In 2020, France exported services to Belgium worth $13.2B, with Other business services ($4.87B), Travel ($4.73B), and Transportation ($1.99B) being the largest in terms of value.

Belgium-France Trade: In 2022, Belgium exported $71.1B to France. The main products that Belgium exported to France were Petroleum Gas ($11.1B), Refined Petroleum ($3.29B), and Electricity ($3.21B). Over the past 5 years the exports of Belgium to France have increased at an annualized rate of 11.4%,  from $41.5B in 2017 to $71.1B in 2022.

In 2020, Belgium exported services to France worth $12.1B, with Other business services ($5.13B), Transportation ($2.75B), and Travel ($1.48B) being the largest in terms of value.

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, France exported $47.8B to Belgium. The main products exported from France to Belgium were Cars ($3.39B), Vaccines, blood, antisera, toxins and cultures ($2.72B), and Integrated Circuits ($2.67B). During the last 5 years the exports of France to Belgium have increased at an annualized rate of 5.94%, from $35.8B in 2017 to $47.8B in 2022.

In 2017, Belgium exported $71.1B to France. The main products exported from Belgium to France were Petroleum Gas ($11.1B), Refined Petroleum ($3.29B), and Electricity ($3.21B). During the last 5 years the exports of Belgium to France have increased at an annualized rate of 11.4%, from $41.5B in 2022 to $71.1B in 2017.

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

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

Latest Data

Trade between France (Flag) and Belgium (Flag)

France Exports

Belgium Exports

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from France than Belgium included Spain ($46.4B), Italy ($56.4B), and United States ($50B).

In 2022, countries that imported more from Belgium than France included Netherlands ($65.7B), Germany ($91.9B), and Nigeria ($7.72B).

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

Comparative Advantage France - Belgium

Flow
Scale

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

During 2022, France had a large net trade with Belgium in the exports of Chemical Products ($9.25B), Machines ($6.74B), and Transportation ($5.7B).

During 2017, Belgium had a large net trade with France in the exports of Mineral Products ($18.4B), Chemical Products ($11.8B), and Metals ($7.25B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Belgium+$987MPackaged Medicaments
Top Product Potential Belgium France+$2.03BRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, France exported services to Belgium worth $13.2B, with Other business services ($4.87B), Travel ($4.73B), and Transportation ($1.99B) being the largest in terms of value.

In 2020, Belgium exported services to France worth $12.1B, with Other business services ($5.13B), Transportation ($2.75B), and Travel ($1.48B) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of France and Belgium. This means that a dot/product with the flag of France indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over France.

Product Space of France (Flag) and Belgium (Flag) (2022)

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