2021
Flag  
GDP
$1.01TCURRENT US$
Rnk 17 / 204
2011-2021
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GDP GROWTH
11.8%CURRENT US$
Rnk 138 / 204
2021
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 GDP
$594BCURRENT US$
Rnk 23 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 131 / 204
2021
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GDP PC 
$57,708CURRENT US$
Rnk 18 / 204
2011-2021
Flag
GDP PC GROWTH
6.41%CURRENT US$
Rnk 126 / 204
2021
Flag
GDP PC
$51,268CURRENT US$
Rnk 25 / 204
2011-2021
Flag
GDP PC GROWTH
8.14%CURRENT US$
Rnk 122 / 204

About

Netherlands-Belgium In 2021, Netherlands exported $80.2B to Belgium. The main products that Netherlands exported to Belgium are Petroleum Gas ($7.06B), Refined Petroleum ($6.71B), and Crude Petroleum ($6.65B). During the last 22 years the exports of Netherlands to Belgium have increased at an annualized rate of 5.91%, from $22.7B in 1999 to $80.2B in 2021.

In 2020, Netherlands exported services to Belgium worth $11.6B, with Other business services ($4.31B), Transportation ($3.09B), and Travel ($1.18B) being the largest in terms of value.

Belgium-Netherlands In 2021, Belgium exported $50.4B to Netherlands. The main products that Belgium exported to Netherlands were Refined Petroleum ($4.65B), Petroleum Gas ($3.89B), and Cars ($1.73B). During the last 22 years the exports of Belgium to Netherlands have increased at an annualized rate of 4.04%, from $21.1B in 1999 to $50.4B in 2021.

In 2020, Belgium exported services to Netherlands worth $16.5B, with Other business services ($6.29B), Transportation ($4.55B), and Travel ($1.79B) being the largest in terms of value.

Comparison In 2021,  Netherlands ranked 22 in the Economic Complexity Index (ECI 1.09), and 6 in total exports ($642B). That same year, Belgium ranked 18 in the Economic Complexity Index (ECI 1.28), and 15 in total exports ($403B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Netherlands exported $80.2B to Belgium. The main products exported from Netherlands to Belgium were Petroleum Gas ($7.06B), Refined Petroleum ($6.71B), and Crude Petroleum ($6.65B). During the last 22 years the exports of Netherlands to Belgium have increased at an annualized rate of 5.91%, from $22.7B in 1999 to $80.2B in 2021.

In 2021, Belgium exported $50.4B to Netherlands. The main products exported from Belgium to Netherlands were Refined Petroleum ($4.65B), Petroleum Gas ($3.89B), and Cars ($1.73B). During the last 22 years the exports of Belgium to Netherlands have increased at an annualized rate of 4.04%, from $21.1B in 1999 to $50.4B in 2021.

Exports from Netherlands (Flag) to Belgium (Flag) (2021)

Exports from Belgium (Flag) to Netherlands (Flag) (2021)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$129B
Belgium
Top Destination
Germany$62.7B

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 2021, countries that imported more from Netherlands than Belgium were Germany ($129B), United Kingdom ($43.1B), and Italy ($31.2B).

In 2021, countries that imported more from Belgium than Netherlands were Luxembourg ($6.9B), India ($7.7B), and Japan ($7.81B).

Difference in imports from Belgium (Flag) and Netherlands (Flag) (2021)

Comparative Advantage Netherlands - Belgium

Flow
Scale

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

During 2021, Netherlands had a large net trade with Belgium in the exports of Mineral Products ($23.4B), Chemical Products ($12.2B), and Machines ($10.4B).

During 2021, Belgium had a large net trade with Netherlands in the exports of Mineral Products ($11B), Chemical Products ($8.45B), and Foodstuffs ($4.69B).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Belgium worth $11.6B, with Other business services ($4.31B), Transportation ($3.09B), and Travel ($1.18B) being the largest in terms of value.

In 2020, Belgium exported services to Netherlands worth $16.5B, with Other business services ($6.29B), Transportation ($4.55B), and Travel ($1.79B) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Belgium (Flag) to Netherlands (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 Netherlands has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Belgium (Flag) (2021)

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