Belgium (BEL) and Bonaire (BES) Trade | The Observatory of Economic Complexity

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Belgium-Bonaire Trade: In 2023, Belgium exported $1.24M to Bonaire. The main products that Belgium exported to Bonaire were Seats ($122k), Other Furniture ($88.9k), and Coffee ($81.8k). Over the past 5 years the exports of Belgium to Bonaire have decreased at an annualized rate of 1.82%, from $1.36M in 2018 to $1.24M in 2023.

In 2023, Belgium did not export any services to Bonaire.

Bonaire-Belgium Trade: In 2023, Bonaire exported $2.7M to Belgium. The main products that Bonaire exported to Belgium were Salt ($2.62M) and Precious Metal Scraps ($76.1k). Over the past 5 years the exports of Bonaire to Belgium have decreased at an annualized rate of 24.5%, from $11M in 2018 to $2.7M in 2023.

In 2023, Bonaire did not export any services to Belgium.

Comparison In 2023, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). That same year, Bonaire ranked 203 in total exports ($52.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

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Overview In N/A, Belgium exported €N/A and imported €N/A from Bonaire, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to Bonaire were . In N/A the top imports of Belgium from Bonaire were .

Growth In N/A, the N/A in Belgium's year-by-year exports to Bonaire was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports from Bonaire was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Belgium exported $1.24M to Bonaire. The main products exported from Belgium to Bonaire were Seats ($122k), Other Furniture ($88.9k), and Coffee ($81.8k). During the last 5 years the exports of Belgium to Bonaire have decreased at an annualized rate of 1.82%, from $1.36M in 2018 to $1.24M in 2023.

In 2018, Bonaire exported $2.7M to Belgium. The main products exported from Bonaire to Belgium were Salt ($2.62M) and Precious Metal Scraps ($76.1k). During the last 5 years the exports of Bonaire to Belgium have decreased at an annualized rate of 24.5%, from $11M in 2023 to $2.7M in 2018.

Exports from Belgium () to Bonaire () (2023)

Exports from Bonaire () to Belgium () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belgium
Top DestinationFrance$85.6B

Bonaire
Top DestinationNetherlands$39.1M

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

In 2023, countries that imported more from Belgium than Bonaire included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, no countries were registered that imported more from Bonaire than from Belgium.

Difference in imports from Bonaire () and Belgium () (2023)

Comparative Advantage Belgium - Bonaire

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Belgium had a large net trade with Bonaire in the exports of Miscellaneous ($279k), Machines ($190k), and Foodstuffs ($167k).

During 2018, Bonaire had a large net trade with Belgium in the exports of Mineral Products ($2.62M) and Precious Metals ($76.1k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Belgium () to Bonaire () (2023)

Exports from Bonaire () to Belgium () (2023)

Market Competitiveness

Difference in imports from Bonaire () and Belgium () (2023)

Comparative Advantage Belgium - Bonaire

Economic Complexity

Competitive Landscape

Product Space of Belgium () and Bonaire () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Belgium () to Bonaire () (2023)

Exports from Bonaire () to Belgium () (2023)

Market Competitiveness

Difference in imports from Bonaire () and Belgium () (2023)

Comparative Advantage Belgium - Bonaire

Economic Complexity

Competitive Landscape

Product Space of Belgium () and Bonaire () (2023)

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