Flag Netherlands / Belgium Flag

2020
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Exports
: $56.1B, Rnk 2 / 222

2020
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Top Product
: $4.46B, Refined Petroleum

2020
FlagFlag
Exports
: $37.1B, Rnk 3 / 218

2020
FlagFlag
Top Product
: $2.56B, Refined Petroleum

2020
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Economic Complexity (ECI)
: ECI 1.13, Rnk 22 / 127

2020
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Economic Complexity (ECI)
: ECI 1.33, Rnk 17 / 127

2020
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GDP
: $914B, CURRENT US$
Rnk 17 / 195

2010-2020
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GDP GROWTH
: 7.95%, CURRENT US$
Rnk 146 / 195

2020
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 GDP
: $522B, CURRENT US$
Rnk 23 / 195

2010-2020
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GDP GROWTH
: 8.51%, CURRENT US$
Rnk 144 / 195

2020
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GDP PC 
: $52,397, CURRENT US$
Rnk 12 / 195

2010-2020
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GDP PC GROWTH
: 2.84%, CURRENT US$
Rnk 127 / 195

2020
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GDP PC
: $45,159, CURRENT US$
Rnk 20 / 195

2010-2020
Flag
GDP PC GROWTH
: 2.3%, CURRENT US$
Rnk 128 / 195

Netherlands-Belgium In 2020, Netherlands exported $56.1B to Belgium. The main products that Netherlands exported to Belgium are Refined Petroleum ($4.46B), Crude Petroleum ($3.43B), and Petroleum Gas ($1.59B). During the last 21 years the exports of Netherlands to Belgium have increased at an annualized rate of 4.4%, from $22.7B in 1999 to $56.1B in 2020.

In 2018, Netherlands exported services to Belgium worth $12.4B, with Other business services ($4.22B), Transportation ($3.28B), and Travel ($2.33B) being the largest in terms of value.

Belgium-Netherlands In 2020, Belgium exported $37.1B to Netherlands . The main products that Belgium exported to Netherlands were Refined Petroleum ($2.56B), Cars ($1.66B), and Industrial Fatty Acids, Oils and Alcohols ($763M). During the last 21 years the exports of Belgium to Netherlands have increased at an annualized rate of 2.71%, from $21.1B in 1999 to $37.1B in 2020.

In 2018, Belgium exported services to Netherlands worth $16.7B, with Other business services ($5.97B), Transportation ($4.86B), and Travel ($2.76B) being the largest in terms of value.

Comparison In 2020,  Netherlands ranked 22 in the Economic Complexity Index (ECI 1.13), and 6 in total exports ($511B). That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.33), and 14 in total exports ($309B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Netherlands exported $56.1B to Belgium. The main products exported from Netherlands to Belgium were Refined Petroleum ($4.46B), Crude Petroleum ($3.43B), and Petroleum Gas ($1.59B). During the last 21 years the exports of Netherlands to Belgium have increased at an annualized rate of 4.4%, from $22.7B in 1999 to $56.1B in 2020.

In 2020, Belgium exported $37.1B to Netherlands. The main products exported from Belgium to Netherlands were Refined Petroleum ($2.56B), Cars ($1.66B), and Industrial Fatty Acids, Oils and Alcohols ($763M). During the last 21 years the exports of Belgium to Netherlands have increased at an annualized rate of 2.71%, from $21.1B in 1999 to $37.1B in 2020.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $105B

Belgium
Top Destination
: Germany, $45.7B

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

In 2019, countries that imported more from Netherlands than Belgium were Germany ($105B), United Kingdom ($40.3B), and China ($15.6B).

In 2019, countries that imported more from Belgium than Netherlands were Luxembourg ($5.48B), India ($5.39B), and United States ($24.7B).

Comparative Advantage Netherlands - Belgium

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Flow

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

During 2020, Netherlands had a large net trade with Belgium in the exports of Mineral Products ($10.9B), Machines ($9.25B), and Chemical Products ($7.84B).

During 2020, Belgium had a large net trade with Netherlands in the exports of Chemical Products ($5.61B), Mineral Products ($4.68B), and Machines ($4.32B).

Bilateral Service Trade

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In 2018, Netherlands exported services to Belgium worth $12.4B, with Other business services ($4.22B), Transportation ($3.28B), and Travel ($2.33B) being the largest in terms of value.

In 2018, Belgium exported services to Netherlands worth $16.7B, with Other business services ($5.97B), Transportation ($4.86B), and Travel ($2.76B) 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 Netherlands has comparative advantage over Belgium. Similarly, the more red a dot/product is, the more Belgium has comparative advantage over Netherlands.