2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH
0.099%CURRENT US$
Rnk 140 / 186

About

Belgium-Burundi Trade: In 2022, Belgium exported $37M to Burundi. The main products that Belgium exported to Burundi were Packaged Medicaments ($5.79M), Vaccines, blood, antisera, toxins and cultures ($5.61M), and Malt ($5.48M). Over the past 5 years the exports of Belgium to Burundi have increased at an annualized rate of 0.2%, from $36.6M in 2017 to $37M in 2022.

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

Burundi-Belgium Trade: In 2022, Burundi exported $3.61M to Belgium. The main products that Burundi exported to Belgium were Coffee ($2.08M), Niobium, Tantalum, Vanadium and Zirconium Ore ($807k), and Other live plants, cuttings and slips; mushroom spawn ($141k). Over the past 5 years the exports of Burundi to Belgium have decreased at an annualized rate of 12.1%,  from $6.87M in 2017 to $3.61M in 2022.

In 2022, Burundi 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, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $37M to Burundi. The main products exported from Belgium to Burundi were Packaged Medicaments ($5.79M), Vaccines, blood, antisera, toxins and cultures ($5.61M), and Malt ($5.48M). During the last 5 years the exports of Belgium to Burundi have increased at an annualized rate of 0.2%, from $36.6M in 2017 to $37M in 2022.

In 2017, Burundi exported $3.61M to Belgium. The main products exported from Burundi to Belgium were Coffee ($2.08M), Niobium, Tantalum, Vanadium and Zirconium Ore ($807k), and Other live plants, cuttings and slips; mushroom spawn ($141k). During the last 5 years the exports of Burundi to Belgium have decreased at an annualized rate of 12.1%, from $6.87M in 2022 to $3.61M in 2017.

Exports from Belgium (Flag) to Burundi (Flag) (2022)

Exports from Burundi (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Burundi
Top Destination
United Arab Emirates$59.9M

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

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

In 2022, no countries were registered that imported more from Burundi than from Belgium.

Difference in imports from Burundi (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Burundi

Flow
Scale

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

During 2022, Belgium had a large net trade with Burundi in the exports of Chemical Products ($13.8M), Machines ($6.39M), and Vegetable Products ($5.55M).

During 2017, Burundi had a large net trade with Belgium in the exports of Vegetable Products ($2.44M), Mineral Products ($822k), and Miscellaneous ($134k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Burundi+$1.5MPackaged Medicaments
Top Product Potential Burundi Belgium+$2.47MCoffee

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

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

Product Space of Belgium (Flag) and Burundi (Flag) (2022)

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