Flag United States / Belgium Flag

2019
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Exports
: $33.3B, Rnk 10 / 218

2019
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Top Product
: $4.29B, Cars

2019
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Exports
: $25.1B, Rnk 5 / 219

2019
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Top Product
: $5.78B, Blood, antisera, vaccines, toxins and cultures

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 1.34, Rnk 18 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $533B, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 161 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $46,421, CURRENT US$
Rnk 19 / 187

2009-2019
Flag
GDP PC GROWTH
: 4.12%, CURRENT US$
Rnk 147 / 187

United States-Belgium In 2019, United States exported $33.3B to Belgium. The main products that United States exported to Belgium are Cars ($4.29B), Packaged Medicaments ($3.27B), and Medical Instruments ($1.89B). During the last 20 years the exports of United States to Belgium have increased at an annualized rate of 5.22%, from $12B in 1999 to $33.3B in 2019.

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 2019, Belgium exported $25.1B to United States . The main products that Belgium exported to United States were Blood, antisera, vaccines, toxins and cultures ($5.78B), Packaged Medicaments ($4.4B), and Refined Petroleum ($1.9B). During the last 20 years the exports of Belgium to United States have increased at an annualized rate of 5.17%, from $9.15B in 1999 to $25.1B in 2019.

In 2018, Belgium exported services to United States worth $10.3B, with Other business services ($7.62B), Transportation ($1.01B), and Financial services ($617M) being the largest in terms of value.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Belgium ranked 18 in the Economic Complexity Index (ECI 1.34), and 12 in total exports ($411B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $33.3B to Belgium. The main products exported from United States to Belgium were Cars ($4.29B), Packaged Medicaments ($3.27B), and Medical Instruments ($1.89B). During the last 20 years the exports of United States to Belgium have increased at an annualized rate of 5.22%, from $12B in 1999 to $33.3B in 2019.

In 2019, Belgium exported $25.1B to United States. The main products exported from Belgium to United States were Blood, antisera, vaccines, toxins and cultures ($5.78B), Packaged Medicaments ($4.4B), and Refined Petroleum ($1.9B). During the last 20 years the exports of Belgium to United States have increased at an annualized rate of 5.17%, from $9.15B in 1999 to $25.1B in 2019.

United States Exports

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Belgium Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Belgium
Top Destination
: Germany, $68.9B

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 ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Belgium than United States were France ($55.6B), Germany ($68.9B), and Luxembourg ($6.92B).

Comparative Advantage United States - Belgium

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Depth

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

During 2019, United States had a large net trade with Belgium in the exports of Chemical Products ($11.3B), Transportation ($5.14B), and Machines ($4.02B).

During 2019, Belgium had a large net trade with United States in the exports of Chemical Products ($13.1B), Machines ($2.93B), and Mineral Products ($1.99B).

Tariff Section

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This section shows import tariffs for products traded between United States and Belgium (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Belgium were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2017, the products from Belgium that paid the highest import tariffs to enter United States were Sugar beet (178%) and Whey (173%).

*The tariffs present between United States and Belgium are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

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 2018, Belgium exported services to United States worth $10.3B, with Other business services ($7.62B), Transportation ($1.01B), and Financial services ($617M) 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 red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Belgium. Similarly, the more red a dot/product is, the more Belgium has comparative advantage over United States.