2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Netherlands-Belgium Trade: In 2022, Netherlands exported $58.2B to Belgium. The main products that Netherlands exported to Belgium were Crude Petroleum ($14.5B), Refined Petroleum ($10B), and Petroleum Gas ($7.74B). Over the past 5 years the exports of Netherlands to Belgium have increased at an annualized rate of 20.8%, from $22.6B in 2017 to $58.2B in 2022.

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 Trade: In 2022, Belgium exported $36.9B to Netherlands. The main products that Belgium exported to Netherlands were Petroleum Gas ($13.1B), Refined Petroleum ($6.84B), and Packaged Medicaments ($2.08B). Over the past 5 years the exports of Belgium to Netherlands have increased at an annualized rate of 12.1%,  from $20.8B in 2017 to $36.9B in 2022.

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 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $58.2B to Belgium. The main products exported from Netherlands to Belgium were Crude Petroleum ($14.5B), Refined Petroleum ($10B), and Petroleum Gas ($7.74B). During the last 5 years the exports of Netherlands to Belgium have increased at an annualized rate of 20.8%, from $22.6B in 2017 to $58.2B in 2022.

In 2017, Belgium exported $36.9B to Netherlands. The main products exported from Belgium to Netherlands were Petroleum Gas ($13.1B), Refined Petroleum ($6.84B), and Packaged Medicaments ($2.08B). During the last 18 years the exports of Belgium to Netherlands have increased at an annualized rate of 12.1%, from $20.8B in 1999 to $36.9B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Belgium
Top Destination
Germany$91.9B

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 2022, countries that imported more from Netherlands than Belgium included Germany ($131B), United Kingdom ($38.2B), and Chinese Taipei ($16B).

In 2022, countries that imported more from Belgium than Netherlands included France ($71.1B), Luxembourg ($7.67B), and Japan ($8.82B).

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

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 2022, Netherlands had a large net trade with Belgium in the exports of Mineral Products ($37.2B), Chemical Products ($12.4B), and Machines ($9.36B).

During 2017, Belgium had a large net trade with Netherlands in the exports of Mineral Products ($23.3B), Chemical Products ($9.58B), and Foodstuffs ($4.83B).

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

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

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