Flag Belgium-Luxembourg

Overview In N/A Belgium-Luxembourg was the number 10 economy in the world in terms of total exports and the number 10 in total imports.

Exports The top exports of Belgium-Luxembourg are N/A, exporting mostly to N/A.

In N/A, Belgium-Luxembourg was the world's biggest exporter of Textile Wall Coverings ($28.2M)

Imports The top imports of Belgium-Luxembourg are Cars ($10.6B), Diamonds ($9.04B), Vehicle Parts ($6.36B), Crude Petroleum ($3.05B), and Computers ($3.03B), importing mostly from Germany ($30.2B), Netherlands ($25B), France ($23.1B), United States ($14B), and United Kingdom ($13.8B).

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The following section uses the most recent trade data from partners of Belgium-Luxembourg.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Yearly Exports

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Top Export (N/A): N/A, N/A

Top Destination (N/A): false, N/A

In N/A, Belgium-Luxembourg exported a total of N/A, making it the number 10 exporter in the world. During the last five reported years the exports of Belgium-Luxembourg have changed by N/A from N/A in N/A to N/A in N/A.

The most recent exports are led by N/A. The most common destination for the exports of Belgium-Luxembourg are N/A.

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Yearly Imports

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Top Import (N/A): Cars, $10.6B

Top Origin (N/A): Germany, $30.2B

In N/A Belgium-Luxembourg imported N/A, making it the number 10 trade destination in the world. During the last five reported years the imports of Belgium-Luxembourg changed by N/A from N/A in N/A to N/A in N/A.

The most recent imports of Belgium-Luxembourg are led by Cars ($10.6B), Diamonds ($9.04B), Vehicle Parts ($6.36B), Crude Petroleum ($3.05B), and Computers ($3.03B). The most common import partners for Belgium-Luxembourg are Germany ($30.2B), Netherlands ($25B), France ($23.1B), United States ($14B), and United Kingdom ($13.8B).

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Fastest Growing Export Markets (N/A - N/A)

Fastest Growing Import Markets (N/A - N/A)

Economic Complexity

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Most Specialized Products by RCA Index

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Belgium-Luxembourg has a high level of specialization in N/A. Specialization is measured using RCA, an index that takes the ratio between Belgium-Luxembourg observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Belgium-Luxembourg according to the product complexity index (PCI) are N/A. PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Belgium-Luxembourg according to the relatedness index, are . Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Belgium-Luxembourg is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Belgium Luxembourg. These are products that tend to be co-exported with the products that Belgium Luxembourg exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.