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Pricing

2022
Flag → Flag
Exports $317MRnk 78 / 222
2022
Flag → Flag
Top Product $245MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $84.5MRnk 15 / 158
2022
Flag → Flag
Top Product $74MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 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$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH193%CURRENT US$
Rnk 3 / 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$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Belgium-Ethiopia Trade: In 2022, Belgium exported $317M to Ethiopia. The main products that Belgium exported to Ethiopia were Vaccines, blood, antisera, toxins and cultures ($245M), Malt Extract ($17.2M), and Packaged Medicaments ($11M). Over the past 5 years the exports of Belgium to Ethiopia have increased at an annualized rate of 9.39%, from $203M in 2017 to $317M in 2022.

In 2022, Belgium did not export any services to Ethiopia.

Ethiopia-Belgium Trade: In 2022, Ethiopia exported $84.5M to Belgium. The main products that Ethiopia exported to Belgium were Coffee ($74M), Dried Legumes ($3.8M), and Other Oily Seeds ($1.56M). Over the past 5 years the exports of Ethiopia to Belgium have increased at an annualized rate of 16.1%,  from $40.1M in 2017 to $84.5M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Latest Trends

April, 2024

About

Overview In April 2024, Belgium exported €5.52M and imported €1.53M from Ethiopia, resulting in a positive trade balance of €3.99M. Between April 2023 and April 2024 the exports of Belgium have decreased by €-12.8M (-69.8%) from €18.3M to €5.52M, while imports decreased by €-1.11M (-42.1%) from €2.63M to €1.53M.

Trade In April 2024, the top exports of Belgium to Ethiopia were Preparations of cereals, flour, starch or... (€3.55M), Pharmaceutical products (€2.34M), Rubber & articles thereof (€781k), Cars, tractors, trucks & parts thereof. (€382k), and Optical, photo, & film equipment; medical... (€132k). In April 2024 the top imports of Belgium from Ethiopia were Coffee, tea, mate & spices (€1.29M), Live trees, plants, bulbs, cut flowers,... (€249k), Edible vegetables, roots, & tubers (€128k), Non-knitted clothing accesories (€110k), and Knitted clothing accesories (€97.1k).

Growth In April 2024, the decrease in Belgium's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in Pharmaceutical products (€-83.3M or -97.3%), Machinery, mechanical appliances, & parts (€-810k or -90.7%), and Cars, tractors, trucks & parts thereof. (€-122k or -24.3%). In April 2024, the decrease in Belgium's year-by-year imports  from Ethiopia was explained primarily by an decrease in product imports  in Edible vegetables, roots, & tubers (€-86.1k or -40.3%) and Miscellaneous edible preparations (€-278 or -82%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (April 2023 - April 2024)€-12.8M(-69.8%)
IMPORT GROWTH (April 2023 - April 2024)€-1.11M(-42.1%)

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 Ethiopia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $317M to Ethiopia. The main products exported from Belgium to Ethiopia were Vaccines, blood, antisera, toxins and cultures ($245M), Malt Extract ($17.2M), and Packaged Medicaments ($11M). During the last 5 years the exports of Belgium to Ethiopia have increased at an annualized rate of 9.39%, from $203M in 2017 to $317M in 2022.

In 2017, Ethiopia exported $84.5M to Belgium. The main products exported from Ethiopia to Belgium were Coffee ($74M), Dried Legumes ($3.8M), and Other Oily Seeds ($1.56M). During the last 5 years the exports of Ethiopia to Belgium have increased at an annualized rate of 16.1%, from $40.1M in 2022 to $84.5M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Belgium included Somalia ($265M), Djibouti ($86.8M), and South Sudan ($7.98M).

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

Comparative Advantage Belgium - Ethiopia

Flow
Scale

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

During 2022, Belgium had a large net trade with Ethiopia in the exports of Chemical Products ($264M), Foodstuffs ($20.7M), and Machines ($10.3M).

During 2017, Ethiopia had a large net trade with Belgium in the exports of Vegetable Products ($80.3M), Textiles ($2.81M), and Miscellaneous ($282k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Ethiopia+$11.9MPackaged Medicaments
Top Product Potential Ethiopia Belgium+$22MCoffee

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

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

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