2023
Flag  
GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Pakistan-Belgium Trade: In 2023, Pakistan exported $250M to Belgium. The main products that Pakistan exported to Belgium were Rice ($63.4M), House Linens ($31.9M), and Industrial Fatty Acids, Oils and Alcohols ($17.1M). Over the past 5 years the exports of Pakistan to Belgium have decreased at an annualized rate of 1.05%, from $263M in 2018 to $250M in 2023.

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

Belgium-Pakistan Trade: In 2023, Belgium exported $422M to Pakistan. The main products that Belgium exported to Pakistan were Vaccines, blood, antisera, toxins and cultures ($132M), Scrap Iron ($66.8M), and Refined Petroleum ($51.5M). Over the past 5 years the exports of Belgium to Pakistan have increased at an annualized rate of 1.39%,  from $394M in 2018 to $422M in 2023.

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

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). 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
Value

In 2023, Pakistan exported $250M to Belgium. The main products exported from Pakistan to Belgium were Rice ($63.4M), House Linens ($31.9M), and Industrial Fatty Acids, Oils and Alcohols ($17.1M). During the last 5 years the exports of Pakistan to Belgium have decreased at an annualized rate of 1.05%, from $263M in 2018 to $250M in 2023.

In 2018, Belgium exported $422M to Pakistan. The main products exported from Belgium to Pakistan were Vaccines, blood, antisera, toxins and cultures ($132M), Scrap Iron ($66.8M), and Refined Petroleum ($51.5M). During the last 5 years the exports of Belgium to Pakistan have increased at an annualized rate of 1.39%, from $394M in 2023 to $422M in 2018.

Exports from Pakistan (Flag) to Belgium (Flag) (2023)

Exports from Belgium (Flag) to Pakistan (Flag) (2023)

Latest Data

Trade between Pakistan (Flag) and Belgium (Flag)

Pakistan Exports

Belgium Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$5.18B
Belgium
Top Destination
France$85.6B

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

In 2023, countries that imported more from Pakistan than Belgium included Afghanistan ($969M), Bangladesh ($690M), and Sri Lanka ($322M).

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

Difference in imports from Belgium (Flag) and Pakistan (Flag) (2023)

Comparative Advantage Pakistan - Belgium

Flow
Scale

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

During 2023, Pakistan had a large net trade with Belgium in the exports of Textiles ($118M), Vegetable Products ($64.5M), and Chemical Products ($24.1M).

During 2018, Belgium had a large net trade with Pakistan in the exports of Chemical Products ($174M), Metals ($110M), and Mineral Products ($51.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Belgium+$16.1MNon-Knit Men's Suits
Top Product Potential Belgium Pakistan+$45.4MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Pakistan (Flag) and Belgium (Flag) (2023)

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