Zimbabwe (ZWE) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Zimbabwe-Belgium Trade: In 2022, Zimbabwe exported $297M to Belgium. The main products that Zimbabwe exported to Belgium were Diamonds ($157M), Raw Tobacco ($138M), and Building Stone ($574k). Over the past 5 years the exports of Zimbabwe to Belgium have increased at an annualized rate of 36.9%, from $61.6M in 2017 to $297M in 2022.

In 2022, Zimbabwe did not export any services to Belgium.

Belgium-Zimbabwe Trade: In 2022, Belgium exported $31.3M to Zimbabwe. The main products that Belgium exported to Zimbabwe were Laboratory Reagents ($6.66M), Packaged Medicaments ($5.31M), and Vaccines, blood, antisera, toxins and cultures ($4.78M). Over the past 5 years the exports of Belgium to Zimbabwe have increased at an annualized rate of 2.34%, from $19.3M in 2017 to $31.3M in 2022.

In 2022, Belgium did not export any services to Zimbabwe.

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Zimbabwe exported $297M to Belgium. The main products exported from Zimbabwe to Belgium were Diamonds ($157M), Raw Tobacco ($138M), and Building Stone ($574k). During the last 5 years the exports of Zimbabwe to Belgium have increased at an annualized rate of 36.9%, from $61.6M in 2017 to $297M in 2022.

In 2017, Belgium exported $31.3M to Zimbabwe. The main products exported from Belgium to Zimbabwe were Laboratory Reagents ($6.66M), Packaged Medicaments ($5.31M), and Vaccines, blood, antisera, toxins and cultures ($4.78M). During the last 5 years the exports of Belgium to Zimbabwe have increased at an annualized rate of 2.34%, from $19.3M in 2022 to $31.3M in 2017.

Exports from Zimbabwe () to Belgium () (2022)

Exports from Belgium () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Belgium ()

Zimbabwe Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Belgium
Top DestinationGermany$91.9B

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

In 2022, countries that imported more from Zimbabwe than Belgium included United Arab Emirates ($4.78B), Lesotho ($67.2M), and Namibia ($28.6M).

In 2022, countries that imported more from Belgium than Zimbabwe included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Belgium in the exports of Precious Metals ($157M), Foodstuffs ($138M), and Stone And Glass ($574k).

During 2017, Belgium had a large net trade with Zimbabwe in the exports of Chemical Products ($18.8M), Plastics and Rubbers ($4.76M), and Machines ($3.21M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Belgium+$6.6MRaw Tobacco

Top Product Potential Belgium Zimbabwe+$4.54MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Zimbabwe and Belgium. This means that a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Zimbabwe.

About

Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Belgium () (2022)

Exports from Belgium () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Belgium ()

Zimbabwe Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Belgium () (2022)

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