Nauru (NRU) and Belgium (BEL) Trade | The Observatory of Economic Complexity

About

Nauru-Belgium Trade: In 2023, Nauru exported $740 to Belgium. The main products that Nauru exported to Belgium were Motor vehicles; parts and accessories (8701 to 8705) ($740). Over the past 11 years the exports of Nauru to Belgium have increased at an annualized rate of 6.91%, from $355 in 2012 to $740 in 2023.

In 2023, Nauru did not export any services to Belgium.

Belgium-Nauru Trade: In 2023, Belgium exported $171k to Nauru. The main products that Belgium exported to Nauru were Packaged Medicaments ($168k) and Cars ($2.65k). Over the past 11 years the exports of Belgium to Nauru have increased at an annualized rate of 122%, from $3.18k in 2012 to $171k in 2023.

In 2023, Belgium did not export any services to Nauru.

Comparison In 2023, Nauru ranked 185 in total exports ($205M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nauru exported $740 to Belgium. The main products exported from Nauru to Belgium were Motor vehicles; parts and accessories (8701 to 8705) ($740). During the last 11 years the exports of Nauru to Belgium have increased at an annualized rate of 6.91%, from $355 in 2012 to $740 in 2023.

In 2018, Belgium exported $171k to Nauru. The main products exported from Belgium to Nauru were Packaged Medicaments ($168k) and Cars ($2.65k). During the last 5 years the exports of Belgium to Nauru have increased at an annualized rate of 122%, from $3.18k in 2023 to $171k in 2018.

Exports from Nauru () to Belgium () (2023)

Exports from Belgium () to Nauru () (2023)

Latest Data

Trade between Nauru () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nauru
Top DestinationThailand$160M

Belgium
Top DestinationFrance$85.6B

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

In 2023, no countries were registered that imported more from Nauru than from Belgium.

In 2023, countries that imported more from Belgium than Nauru included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

Difference in imports from Belgium () and Nauru () (2023)

Comparative Advantage Nauru - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nauru had a large net trade with Belgium in the exports of Transportation ($740).

During 2018, Belgium had a large net trade with Nauru in the exports of Chemical Products ($168k) and Transportation ($2.65k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nauru () to Belgium () (2023)

Exports from Belgium () to Nauru () (2023)

Latest Data

Trade between Nauru () and Belgium ()

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Nauru () (2023)

Comparative Advantage Nauru - Belgium

Economic Complexity

Competitive Landscape

Product Space of Nauru () and Belgium () (2023)

Keep Exploring