NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $112MRnk 111 / 220
2023
Flag → Flag
Top Product $34MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $23.5MRnk 20 / 107
2023
Flag → Flag
Top Product $15.9MSawn Wood
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.73Rnk 128 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH-14.7%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH-33%CURRENT US$
Rnk 188 / 195

About

Belgium-Republic of the Congo Trade: In 2023, Belgium exported $112M to Republic of the Congo. The main products that Belgium exported to Republic of the Congo were Vaccines, blood, antisera, toxins and cultures ($34M), Chocolate ($12.7M), and Cars ($9.49M). Over the past 5 years the exports of Belgium to Republic of the Congo have decreased at an annualized rate of 10.9%, from $200M in 2018 to $112M in 2023.

In 2023, Belgium did not export any services to Republic of the Congo.

Republic of the Congo-Belgium Trade: In 2023, Republic of the Congo exported $23.5M to Belgium. The main products that Republic of the Congo exported to Belgium were Sawn Wood ($15.9M), Wood Carpentry ($2.69M), and Rough Wood ($1.84M). Over the past 5 years the exports of Republic of the Congo to Belgium have decreased at an annualized rate of 11.1%,  from $42.3M in 2018 to $23.5M in 2023.

In 2023, Republic of the Congo 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, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €6.86M and imported €2.06M from Republic of the Congo, resulting in a positive trade balance of €4.8M. Between October 2023 and October 2024 the exports of Belgium have decreased by €-878k (-11.3%) from €7.74M to €6.86M, while imports decreased by €-235k (-10.2%) from €2.3M to €2.06M.

Trade In October 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/Steel Articles (€337k). In October 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 October 2024, the decrease in Belgium's year-by-year exports to Republic of the Congo was explained primarily by an decrease in product exports in Meat & edible offal (€-121k or -41.4%), Soap, cleaners, candles, dental, modelling pastes (€-70k or -90.4%), and Machinery, mechanical appliances, & parts (€-65.3k or -7.55%). In October 2024, the decrease in Belgium's year-by-year imports  from Republic of the Congo was explained primarily by an decrease in product imports  in Coffee, tea, mate & spices (€-21.9k or -100%) and Mineral fuels, mineral oils and products... (€-64 or -23.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€-878k(-11.3%)
IMPORT GROWTH (October 2023 - October 2024)€-235k(-10.2%)

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 2023, Belgium exported $112M to Republic of the Congo. The main products exported from Belgium to Republic of the Congo were Vaccines, blood, antisera, toxins and cultures ($34M), Chocolate ($12.7M), and Cars ($9.49M). During the last 5 years the exports of Belgium to Republic of the Congo have decreased at an annualized rate of 10.9%, from $200M in 2018 to $112M in 2023.

In 2018, Republic of the Congo exported $23.5M to Belgium. The main products exported from Republic of the Congo to Belgium were Sawn Wood ($15.9M), Wood Carpentry ($2.69M), and Rough Wood ($1.84M). During the last 5 years the exports of Republic of the Congo to Belgium have decreased at an annualized rate of 11.1%, from $42.3M in 2023 to $23.5M in 2018.

Exports from Belgium (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Republic of the Congo
Top DestinationChina$5.45B

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 2023, countries that imported more from Belgium than Republic of the Congo included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, 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) (2023)

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 2023, Belgium had a large net trade with Republic of the Congo in the exports of Chemical Products ($37.7M), Foodstuffs ($19.8M), and Transportation ($15M).

During 2018, Republic of the Congo had a large net trade with Belgium in the exports of Wood Products ($20.5M), Metals ($1.88M), and Foodstuffs ($365k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms