Flag Japan / Belgium Flag

2019
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Exports
: $9.36B, Rnk 19 / 213

2019
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Top Product
: $3.4B, Cars

2019
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Exports
: $3.85B, Rnk 18 / 219

2019
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Top Product
: $889M, Packaged Medicaments

2019
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Economic Complexity (ECI)
: ECI 2.2, Rnk 1 / 146

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

2019
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GDP
: $5.08T, CURRENT US$
Rnk 3 / 187

2009-2019
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GDP GROWTH
: -2.86%, CURRENT US$
Rnk 175 / 187

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

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

2019
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GDP PC 
: $40,247, CURRENT US$
Rnk 27 / 187

2009-2019
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GDP PC GROWTH
: -1.49%, CURRENT US$
Rnk 165 / 187

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

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

Japan-Belgium In 2019, Japan exported $9.36B to Belgium. The main products that Japan exported to Belgium are Cars ($3.4B), Vehicle Parts ($1.58B), and Large Construction Vehicles ($311M). During the last 20 years the exports of Japan to Belgium have increased at an annualized rate of 3.19%, from $4.99B in 1999 to $9.36B in 2019.

In 2009, Japan exported services to Belgium worth $4.62B, with Services not allocated ($2.31B), Other business services ($1.64B), and Royalties and license fees ($337M) being the largest in terms of value.

Belgium-Japan In 2019, Belgium exported $3.85B to Japan . The main products that Belgium exported to Japan were Packaged Medicaments ($889M), Cars ($375M), and Blood, antisera, vaccines, toxins and cultures ($265M). During the last 20 years the exports of Belgium to Japan have increased at an annualized rate of 3.22%, from $2.04B in 1999 to $3.85B in 2019.

In 2018, Belgium exported services to Japan worth $923M, with Other business services ($581M), Transportation ($200M), and Computer and information services ($39M) being the largest in terms of value.

Comparison In 2019,  Japan ranked 1 in the Economic Complexity Index (ECI 2.2), and 4 in total exports ($696B). 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, Japan exported $9.36B to Belgium. The main products exported from Japan to Belgium were Cars ($3.4B), Vehicle Parts ($1.58B), and Large Construction Vehicles ($311M). During the last 20 years the exports of Japan to Belgium have increased at an annualized rate of 3.19%, from $4.99B in 1999 to $9.36B in 2019.

In 2019, Belgium exported $3.85B to Japan. The main products exported from Belgium to Japan were Packaged Medicaments ($889M), Cars ($375M), and Blood, antisera, vaccines, toxins and cultures ($265M). During the last 20 years the exports of Belgium to Japan have increased at an annualized rate of 3.22%, from $2.04B in 1999 to $3.85B in 2019.

Belgium Exports

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Market Competitiveness

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Measure

Japan
Top Destination
: United States, $134B

Belgium
Top Destination
: Germany, $68.9B

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

In 2019, countries that imported more from Japan than Belgium were China ($128B), United States ($134B), and South Korea ($44.9B).

In 2019, countries that imported more from Belgium than Japan were Germany ($68.9B), France ($55.6B), and Netherlands ($53.1B).

Comparative Advantage Japan - Belgium

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Depth

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

During 2019, Japan had a large net trade with Belgium in the exports of Transportation ($5.18B), Machines ($1.75B), and Chemical Products ($883M).

During 2019, Belgium had a large net trade with Japan in the exports of Chemical Products ($1.84B), Transportation ($538M), and Machines ($346M).

Tariff Section

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This section shows import tariffs for products traded between Japan and Belgium (using the HS6 product classification and the last year reported).

In 2018, the products from Japan that paid the highest import tariffs to enter Belgium were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

In 2017, the products from Belgium that paid the highest import tariffs to enter Japan were Sugar beet (178%) and Whey (173%).

*The tariffs present between Japan and Belgium are:
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2009, Japan exported services to Belgium worth $4.62B, with Services not allocated ($2.31B), Other business services ($1.64B), and Royalties and license fees ($337M) being the largest in terms of value.

In 2018, Belgium exported services to Japan worth $923M, with Other business services ($581M), Transportation ($200M), and Computer and information services ($39M) 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 Japan has comparative advantage over Belgium. Similarly, the more red a dot/product is, the more Belgium has comparative advantage over Japan.