Flag United States / Belgium Flag

2020
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Exports
: $22.4B, Rnk 15 / 218

2020
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Top Product
: $2.45B, Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars

2020
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Exports
: $24.7B, Rnk 4 / 218

2020
FlagFlag
Top Product
: $7.3B, Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc

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
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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 GDP
: $522B, CURRENT US$
Rnk 23 / 195

2010-2020
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GDP GROWTH
: 8.51%, CURRENT US$
Rnk 144 / 195

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

2020
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GDP PC
: $45,159, CURRENT US$
Rnk 20 / 195

2010-2020
Flag
GDP PC GROWTH
: 2.3%, CURRENT US$
Rnk 128 / 195

United States-Belgium In 2020, United States exported $22.4B to Belgium. The main products that United States exported to Belgium are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars ($2.45B), Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight testing instruments ($1.89B), and Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($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 $5.1B, with Other business services ($2.04B), Royalties and license fees ($969M), and Transportation ($831M) 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 Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc ($7.3B), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($5.72B), and Heterocyclic compounds with nitrogen hetero-atom(s) only ($1.2B). 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 2019, Belgium exported services to United States worth $5.34B, with Other business services ($5.34B) and Government services, n.i.e. ($3.36M) 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
Compare to

In 2020, United States exported $22.4B to Belgium. The main products exported from United States to Belgium were Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars ($2.45B), Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight testing instruments ($1.89B), and Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($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. The main products exported from Belgium to United States were Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc ($7.3B), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($5.72B), and Heterocyclic compounds with nitrogen hetero-atom(s) only ($1.2B). 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 Chemical Products ($16.1B), Machines ($2.13B), and Precious Metals ($1.42B).

Bilateral Service Trade

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In 2017, United States exported services to Belgium worth $5.1B, with Other business services ($2.04B), Royalties and license fees ($969M), and Transportation ($831M) being the largest in terms of value.

In 2019, Belgium exported services to United States worth $5.34B, with Other business services ($5.34B) and Government services, n.i.e. ($3.36M) 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.