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Pricing

2022
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Exports $646MRnk 55 / 222
2022
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Top Product $166MVaccines, blood, antisera, toxins and cultures
2022
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Exports $616MRnk 22 / 185
2022
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Top Product $280MHalogens
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI -0.22Rnk 71 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Belgium-Chile In 2022, Belgium exported $646M to Chile. The main products that Belgium exported to Chile are Vaccines, blood, antisera, toxins and cultures ($166M), Other Frozen Vegetables ($71.7M), and Packaged Medicaments ($25.9M). During the last 23 years the exports of Belgium to Chile have increased at an annualized rate of 7.56%, from $121M in 1999 to $646M in 2022.

In 2020, Belgium exported services to Chile worth $92.5M, with Transportation ($35.4M), Other business services ($33.1M), and Computer and information services ($11.4M) being the largest in terms of value.

Chile-Belgium In 2022, Chile exported $616M to Belgium. The main products that Chile exported to Belgium were Halogens ($280M), Molybdenum Ore ($120M), and Carbonates ($85.7M). During the last 23 years the exports of Chile to Belgium have increased at an annualized rate of 2.63%, from $339M in 1999 to $616M in 2022.

In 2009, Chile exported services to Belgium worth $4.82M, with Transportation ($4.82M) being the largest in terms of value.

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Chile ranked 71 in the Economic Complexity Index (ECI -0.22), and 44 in total exports ($99B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €38.6M and imported €27.1M from Chile, resulting in a positive trade balance of €11.5M. Between December 2022 and December 2023 the exports of Belgium have increased by €4.6M (13.6%) from €34M to €38.6M, while imports decreased by €-20M (-42.5%) from €47.1M to €27.1M.

Trade In December 2023, the top exports of Belgium to Chile were Pharmaceutical products (€8.87M), Machinery, mechanical appliances, & parts (€7.21M), Preparations of vegetables, fruit, nuts or... (€6.22M), Electrical machinery and electronics (€5.02M), and Cars, tractors, trucks & parts thereof. (€2.88M). In December 2023 the top imports of Belgium from Chile were Inorganic chemicals (€13.8M), Edible vegetables, roots, & tubers (€1.29M), Edible fruits, nuts & fruit peels (€1.22M), Fish, crustaceans, & molluscs (€951k), and Beverages, spirits, & vinegar (€639k).

Growth In December 2023, the increase in Belgium's year-by-year exports to Chile was explained primarily by an increase in product exports in Electrical machinery and electronics (€4.57M or 1.02k%), Furniture, bedding, lamps, & prefab buildings (€2.61M or 5.56k%), and Preparations of vegetables, fruit, nuts or... (€2.33M or 60.1%). In December 2023, the decrease in Belgium's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Edible fruits, nuts & fruit peels (€-1.02M or -45.5%), Inorganic chemicals (€-961k or -6.5%), and Wood, wood articles, & charcoal (€-911k or -77.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€4.6M(13.6%)
IMPORT GROWTH (December 2022 - December 2023)€-20M(-42.5%)

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 Chile and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $646M to Chile. The main products exported from Belgium to Chile were Vaccines, blood, antisera, toxins and cultures ($166M), Other Frozen Vegetables ($71.7M), and Packaged Medicaments ($25.9M). During the last 23 years the exports of Belgium to Chile have increased at an annualized rate of 7.56%, from $121M in 1999 to $646M in 2022.

In 2022, Chile exported $616M to Belgium. The main products exported from Chile to Belgium were Halogens ($280M), Molybdenum Ore ($120M), and Carbonates ($85.7M). During the last 23 years the exports of Chile to Belgium have increased at an annualized rate of 2.63%, from $339M in 1999 to $616M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Chile
Top DestinationChina$38.5B

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

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

In 2021, countries that imported more from Chile than Belgium were China ($38.5B), South Korea ($6.13B), and Peru ($1.84B).

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

Comparative Advantage Belgium - Chile

Flow
Scale

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

During 2022, Belgium had a large net trade with Chile in the exports of Chemical Products ($270M), Foodstuffs ($121M), and Machines ($61.6M).

During 2022, Chile had a large net trade with Belgium in the exports of Chemical Products ($388M), Mineral Products ($122M), and Foodstuffs ($23.9M).

Service Trade

Bilateral Service Trade

Chl Year

In 2020, Belgium exported services to Chile worth $92.5M, with Transportation ($35.4M), Other business services ($33.1M), and Computer and information services ($11.4M) being the largest in terms of value.

In 2009, Chile exported services to Belgium worth $4.82M, with Transportation ($4.82M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to Chile (Flag) (2020)

Services Exports from Chile (Flag) to Belgium (Flag) (2009)

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 Chile. Similarly, the more yellow a dot/product is, the more Chile has comparative advantage over Belgium.

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

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