2021
Flag  
GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
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2021
Flag
 GDP
$594BCURRENT US$
Rnk 23 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 131 / 204
2021
Flag
GDP PC 
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 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

United States-Belgium In 2021, United States exported $28.7B to Belgium. The main products that United States exported to Belgium are Vaccines, blood, antisera, toxins and cultures ($2.58B), Packaged Medicaments ($2.21B), and Cars ($2.01B). During the last 22 years the exports of United States to Belgium have increased at an annualized rate of 4.06%, from $11.9B in 1999 to $28.7B in 2021.

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 2021, Belgium exported $24.7B to United States. The main products that Belgium exported to United States were Vaccines, blood, antisera, toxins and cultures ($7.26B), Packaged Medicaments ($4.79B), and Platinum ($1.4B). During the last 22 years the exports of Belgium to United States have increased at an annualized rate of 4.59%, from $9.19B in 1999 to $24.7B in 2021.

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 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). 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, United States exported $28.7B to Belgium. The main products exported from United States to Belgium were Vaccines, blood, antisera, toxins and cultures ($2.58B), Packaged Medicaments ($2.21B), and Cars ($2.01B). During the last 22 years the exports of United States to Belgium have increased at an annualized rate of 4.06%, from $11.9B in 1999 to $28.7B in 2021.

In 2021, Belgium exported $24.7B to United States. The main products exported from Belgium to United States were Vaccines, blood, antisera, toxins and cultures ($7.26B), Packaged Medicaments ($4.79B), and Platinum ($1.4B). During the last 22 years the exports of Belgium to United States have increased at an annualized rate of 4.59%, from $9.19B in 1999 to $24.7B in 2021.

Exports from United States (Flag) to Belgium (Flag) (2021)

Exports from Belgium (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top Destination
Canada$259B
Belgium
Top Destination
Germany$62.7B

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 2021, countries that imported more from United States than Belgium were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Belgium than United States were France ($59.9B), Luxembourg ($6.9B), and Italy ($20.9B).

Difference in imports from Belgium (Flag) and United States (Flag) (2021)

Comparative Advantage United States - Belgium

Flow
Scale

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

During 2021, United States had a large net trade with Belgium in the exports of Chemical Products ($10.6B), Machines ($3.46B), and Plastics and Rubbers ($3B).

During 2021, Belgium had a large net trade with United States in the exports of Chemical Products ($14.4B), Machines ($2.46B), and Precious Metals ($2.33B).

Service Trade

Bilateral Service Trade

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.

Services Exports from United States (Flag) to Belgium (Flag) (2017)

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

Product Space of United States (Flag) and Belgium (Flag) (2021)

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