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Pricing

2022
Flag → Flag
Exports $37MRnk 134 / 222
2022
Flag → Flag
Top Product $5.79MPackaged Medicaments
2022
Flag → Flag
Exports $3.61MRnk 14 / 117
2022
Flag → Flag
Top Product $2.08MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH0.099%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.

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €2.48M and imported €151k from Burundi, resulting in a positive trade balance of €2.33M. Between August 2023 and August 2024 the exports of Belgium have increased by €683k (38%) from €1.8M to €2.48M, while imports decreased by €-25.3k (-14.4%) from €177k to €151k.

Trade In August 2024, the top exports of Belgium to Burundi were Pharmaceutical products (€3.37M), Products of the milling industry (€886k), Aluminum articles (€312k), Machinery, mechanical appliances, & parts (€140k), and Miscellaneous edible preparations (€124k). In August 2024 the top imports of Belgium from Burundi were Coffee, tea, mate & spices (€295k), Live trees, plants, bulbs, cut flowers,... (€12.7k), Knitted clothing accesories (€255), and Mineral fuels, mineral oils and products... (€1).

Growth In August 2024, the increase in Belgium's year-by-year exports to Burundi was explained primarily by an increase in product exports in Pharmaceutical products (€668k or 24.7%), Aluminum articles (€311k or 43.2k%), and Paints, dyes, & varnishes (€97.3k or 2.36k%). In August 2024, the decrease in Belgium's year-by-year imports  from Burundi was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€683k(38%)
IMPORT GROWTH (August 2023 - August 2024)€-25.3k(-14.4%)

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 Burundi and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burundi and Belgium Data

Go to Bulk Download

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 DestinationGermany$91.9B
Burundi
Top DestinationUnited 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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