Flag United States / Belgium Flag

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

GDP Flag (2018): $20.5T, CURRENT US$
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GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
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GDP Flag (2018): $543B, CURRENT US$
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GDP GROWTH Flag (2008-2018): 5.34%, CURRENT US$
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GDP PC Flag (2018): $62,795, CURRENT US$
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GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
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GDP PC Flag (2018): $47,519, CURRENT US$
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GDP PC GROWTH Flag (2008-2018): -1.22%, CURRENT US$
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Market Competitiveness

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Measure

United States
Top Destination
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Belgium
Top Destination
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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.

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Tariff Section

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This sections 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%).

Explore Tariff Data

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

Trade Forecasts

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This section shows a forecast for total trade between United States and Belgium. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 2017, Belgium exported services to United States worth $11B, with Other business services ($7.52B), Transportation ($1.52B), and Computer and information services ($702M) 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.