BLXOverview 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).
Latest Trends
#permalink to sectionLatest Trade
#permalink to sectionThe 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.
Latest Data
#permalink to sectionData 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
#permalink to sectionYearly Exports
#permalink to sectionTop 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.
Yearly Imports
#permalink to sectionIn 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).
Market Growth
#permalink to sectionFastest Growing Export Markets (N/A - N/A)
- France, $1.82B (+ 6.39%)
- United Kingdom, $1.56B (+ 11.7%)
- United Kingdom, $1.54B (+ 10.4%)
Fastest Growing Import Markets (N/A - N/A)
- Ireland, $1.62B (+ 59.4%)
- Germany, $1.51B (+ 5.27%)
- United States, $1.29B (+ 10.8%)
Economic Complexity
#permalink to sectionMost Specialized Products by RCA Index
#permalink to sectionBelgium-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
#permalink to sectionThe 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
#permalink to sectionThe 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.
Product Space
#permalink to sectionThe 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.
Diversification Frontier
#permalink to sectionThe 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.
