Flag United States / Belgium Flag

2020
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Exports
: $22.4B, Rnk 15 / 218

2020
FlagFlag
Top Product
: $2.45B, Cars

2020
FlagFlag
Exports
: $24.7B, Rnk 4 / 218

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

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

2020
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GDP
: $20.9T, CURRENT US$
Rnk 1 / 204

2010-2020
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GDP GROWTH
: 38.8%, CURRENT US$
Rnk 78 / 204

2020
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 GDP
: $522B, CURRENT US$
Rnk 23 / 204

2010-2020
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GDP GROWTH
: 8.36%, CURRENT US$
Rnk 147 / 204

2020
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GDP PC 
: $63,028, CURRENT US$
Rnk 9 / 204

2010-2020
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GDP PC GROWTH
: 29.6%, CURRENT US$
Rnk 65 / 204

2020
Flag
GDP PC
: $45,189, CURRENT US$
Rnk 23 / 204

2010-2020
Flag
GDP PC GROWTH
: 2.27%, CURRENT US$
Rnk 131 / 204

United States-Belgium In 2020, United States exported $22.4B to Belgium. The main products that United States exported to Belgium are Cars ($2.45B), Medical Instruments ($1.89B), and Packaged Medicaments ($1.76B). During the last 21 years the exports of United States to Belgium have increased at an annualized rate of 3.02%, from $12B in 1999 to $22.4B in 2020.

In 2017, United States exported services to Belgium worth $5.78B, with Other business services ($2.23B), Royalties and license fees ($887M), and Travel ($743M) being the largest in terms of value.

Belgium-United States In 2020, Belgium exported $24.7B to United States. The main products that Belgium exported to United States were N/A. During the last 21 years the exports of Belgium to United States have increased at an annualized rate of 4.82%, from $9.18B in 1999 to $24.7B in 2020.

In 2020, Belgium exported services to United States worth $12.1B, with Other business services ($8.74B), Transportation ($918M), and Financial services ($694M) being the largest in terms of value.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). 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

In 2020, United States exported $22.4B to Belgium. The main products exported from United States to Belgium were Cars ($2.45B), Medical Instruments ($1.89B), and Packaged Medicaments ($1.76B). During the last 21 years the exports of United States to Belgium have increased at an annualized rate of 3.02%, from $12B in 1999 to $22.4B in 2020.

In 2020, Belgium exported $24.7B to United States. There were not main exports from Belgium to United States in 2020. During the last 21 years the exports of Belgium to United States have increased at an annualized rate of 4.82%, from $9.18B in 1999 to $24.7B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Belgium
Top Destination
: Germany, $45.7B

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

In 2019, countries that imported more from United States than Belgium were Canada ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Belgium than United States were France ($44.4B), Luxembourg ($5.48B), and Sweden ($6.02B).

Comparative Advantage United States - Belgium

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Flow

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

During 2020, United States had a large net trade with Belgium in the exports of Chemical Products ($7.45B), Machines ($3.11B), and Transportation ($2.96B).

During 2020, Belgium had a large net trade with United States in the exports of N/A.

Bilateral Service Trade

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In 2017, United States exported services to Belgium worth $5.78B, with Other business services ($2.23B), Royalties and license fees ($887M), and Travel ($743M) being the largest in terms of value.

In 2020, Belgium exported services to United States worth $12.1B, with Other business services ($8.74B), Transportation ($918M), and Financial services ($694M) 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 yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over United States.