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Pricing

2022
Flag → Flag
Exports $209MRnk 88 / 222
2022
Flag → Flag
Top Product $128MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $14.5MRnk 20 / 109
2022
Flag → Flag
Top Product $8.81MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
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$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
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GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Belgium-Republic of the Congo Trade: In 2022, Belgium exported $209M to Republic of the Congo. The main products that Belgium exported to Republic of the Congo were Vaccines, blood, antisera, toxins and cultures ($128M), Other Locomotives ($9.66M), and Cars ($9.19M). Over the past 5 years the exports of Belgium to Republic of the Congo have increased at an annualized rate of 5.97%, from $156M in 2017 to $209M in 2022.

In 2022, Belgium did not export any services to Republic of the Congo.

Republic of the Congo-Belgium Trade: In 2022, Republic of the Congo exported $14.5M to Belgium. The main products that Republic of the Congo exported to Belgium were Sawn Wood ($8.81M), Cobalt ($1.85M), and Wood Carpentry ($1.43M). Over the past 5 years the exports of Republic of the Congo to Belgium have decreased at an annualized rate of 16.5%,  from $35.8M in 2017 to $14.5M in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €19.1M and imported €1.57M from Republic of the Congo, resulting in a positive trade balance of €17.5M. Between July 2023 and July 2024 the exports of Belgium have increased by €12.8M (207%) from €6.21M to €19.1M, while imports increased by €11.7k (0.75%) from €1.56M to €1.57M.

Trade In July 2024, the top exports of Belgium to Republic of the Congo were Pharmaceutical products (€9.37M), Cars, tractors, trucks & parts thereof. (€1.02M), Machinery, mechanical appliances, & parts (€800k), Paper articles (€534k), and Iron or steel articles (€337k). In July 2024 the top imports of Belgium from Republic of the Congo were Wood, wood articles, & charcoal (€1.4M), Cocoa & cocoa preparations (€193k), Mineral fuels, mineral oils and products... (€205), and Coffee, tea, mate & spices (€4).

Growth In July 2024, the increase in Belgium's year-by-year exports to Republic of the Congo was explained primarily by an increase in product exports in Paper articles (€528k or 9.19k%), Iron or steel articles (€293k or 668%), and Optical, photo, & film equipment; medical... (€271k or 1.12k%). In July 2024, the increase in Belgium's year-by-year imports  from Republic of the Congo was explained primarily by an increase in product imports  in Wood, wood articles, & charcoal (€442k or 46.3%) and Cocoa & cocoa preparations (€26.3k or 15.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€12.8M(207%)
IMPORT GROWTH (July 2023 - July 2024)€11.7k(0.75%)

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 Republic of the Congo and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Republic of the Congo and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $209M to Republic of the Congo. The main products exported from Belgium to Republic of the Congo were Vaccines, blood, antisera, toxins and cultures ($128M), Other Locomotives ($9.66M), and Cars ($9.19M). During the last 5 years the exports of Belgium to Republic of the Congo have increased at an annualized rate of 5.97%, from $156M in 2017 to $209M in 2022.

In 2017, Republic of the Congo exported $14.5M to Belgium. The main products exported from Republic of the Congo to Belgium were Sawn Wood ($8.81M), Cobalt ($1.85M), and Wood Carpentry ($1.43M). During the last 5 years the exports of Republic of the Congo to Belgium have decreased at an annualized rate of 16.5%, from $35.8M in 2022 to $14.5M in 2017.

Exports from Belgium (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Republic of the Congo
Top DestinationChina$4.82B

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

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

In 2022, no countries were registered that imported more from Republic of the Congo than from Belgium.

Difference in imports from Republic of the Congo (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Republic of the Congo

Flow
Scale

This chart compares trade between Belgium and Republic of the Congo by product, considering products traded by both, Belgium and Republic of the Congo.

During 2022, Belgium had a large net trade with Republic of the Congo in the exports of Chemical Products ($134M), Transportation ($23.1M), and Machines ($11.8M).

During 2017, Republic of the Congo had a large net trade with Belgium in the exports of Wood Products ($11.8M), Metals ($1.85M), and Vegetable Products ($609k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Republic of the Congo+$3.12MCars
Top Product Potential Republic of the Congo Belgium+$2.83MSawn Wood

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 Republic of the Congo. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Republic of the Congo (Flag) (2022)

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