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2022
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Exports $4.07BRnk 17 / 222
2022
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Top Product $2.59BDiamonds
2022
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Exports $2.48BRnk 29 / 219
2022
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Top Product $2.07BDiamonds
2022
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Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
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GDP$579BCURRENT US$
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2012-2022
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GDP GROWTH16.6%CURRENT US$
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2022
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 GDP$508BCURRENT US$
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2012-2022
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GDP GROWTH32%CURRENT US$
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2022
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GDP PC $49,583CURRENT US$
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2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Belgium-United Arab Emirates In 2022, Belgium exported $4.07B to United Arab Emirates. The main products that Belgium exported to United Arab Emirates are Diamonds ($2.59B), Gold ($314M), and Packaged Medicaments ($97M). During the last 23 years the exports of Belgium to United Arab Emirates have increased at an annualized rate of 9.9%, from $464M in 1999 to $4.07B in 2022.

In 2022, Belgium did not export any services to United Arab Emirates.

United Arab Emirates-Belgium In 2022, United Arab Emirates exported $2.48B to Belgium. The main products that United Arab Emirates exported to Belgium were Diamonds ($2.07B), Hot-Rolled Iron Bars ($46.5M), and Gold ($32.6M). During the last 23 years the exports of United Arab Emirates to Belgium have increased at an annualized rate of 13.6%, from $133M in 1999 to $2.48B in 2022.

In 2022, United Arab Emirates did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Latest Trends

January, 2024

About

Overview In January 2024, Belgium exported €221M and imported €85.4M from United Arab Emirates, resulting in a positive trade balance of €135M. Between January 2023 and January 2024 the exports of Belgium have decreased by €-12.3M (-5.27%) from €233M to €221M, while imports decreased by €-90.9M (-51.5%) from €176M to €85.4M.

Trade In January 2024, the top exports of Belgium to United Arab Emirates were Precious stones, metals, & pearls (€135M), Machinery, mechanical appliances, & parts (€26.5M), Pharmaceutical products (€11.9M), Cars, tractors, trucks & parts thereof. (€9.69M), and Optical, photo, & film equipment; medical... (€4.25M). In January 2024 the top imports of Belgium from United Arab Emirates were Precious stones, metals, & pearls (€132M), Mineral fuels, mineral oils and products... (€35.3M), Machinery, mechanical appliances, & parts (€5.55M), Man-made filaments (€741k), and Electrical machinery and electronics (€426k).

Growth In January 2024, the decrease in Belgium's year-by-year exports to United Arab Emirates was explained primarily by an decrease in product exports in Precious stones, metals, & pearls (€-149M or -52.6%), Organic chemicals (€-1.7M or -65%), and Plastics & articles thereof (€-1.59M or -27.8%). In January 2024, the decrease in Belgium's year-by-year imports  from United Arab Emirates was explained primarily by an decrease in product imports  in Precious stones, metals, & pearls (€-11.7M or -8.1%), Iron & steel (€-2.48M or -97.8%), and Glass & glassware (€-2.12M or -96.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-12.3M(-5.27%)
IMPORT GROWTH (January 2023 - January 2024)€-90.9M(-51.5%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check United Arab Emirates and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $4.07B to United Arab Emirates. The main products exported from Belgium to United Arab Emirates were Diamonds ($2.59B), Gold ($314M), and Packaged Medicaments ($97M). During the last 23 years the exports of Belgium to United Arab Emirates have increased at an annualized rate of 9.9%, from $464M in 1999 to $4.07B in 2022.

In 2022, United Arab Emirates exported $2.48B to Belgium. The main products exported from United Arab Emirates to Belgium were Diamonds ($2.07B), Hot-Rolled Iron Bars ($46.5M), and Gold ($32.6M). During the last 23 years the exports of United Arab Emirates to Belgium have increased at an annualized rate of 13.6%, from $133M in 1999 to $2.48B in 2022.

Exports from Belgium (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
United Arab Emirates
Top DestinationIndia$51B

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

In 2021, countries that imported more from Belgium than United Arab Emirates were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from United Arab Emirates than Belgium were India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - United Arab Emirates

Flow
Scale

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

During 2022, Belgium had a large net trade with United Arab Emirates in the exports of Precious Metals ($2.94B), Chemical Products ($326M), and Machines ($214M).

During 2022, United Arab Emirates had a large net trade with Belgium in the exports of Precious Metals ($2.13B), Metals ($92.1M), and Chemical Products ($52.4M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over United Arab Emirates. Similarly, the more yellow a dot/product is, the more United Arab Emirates has comparative advantage over Belgium.

Product Space of Belgium (Flag) and United Arab Emirates (Flag) (2022)

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