Belgium / Japan

Belgium-Japan Trade: In 2022, Belgium exported $8.82B to Japan. The main products that Belgium exported to Japan were Vaccines, blood, antisera, toxins and cultures ($6.02B), Packaged Medicaments ($615M), and Cars ($266M). Over the past 5 years the exports of Belgium to Japan have increased at an annualized rate of 24.9%, from $2.9B in 2017 to $8.82B in 2022.

In 2020, Belgium exported services to Japan worth $1.08B, with Other business services ($535M), Royalties and license fees ($234M), and Transportation ($167M) being the largest in terms of value.

Japan-Belgium Trade: In 2022, Japan exported $6.8B to Belgium. The main products that Japan exported to Belgium were Motor vehicles; parts and accessories (8701 to 8705) ($1.48B), Cars ($1.19B), and Medical Instruments ($285M). Over the past 5 years the exports of Japan to Belgium have increased at an annualized rate of 0.98%,  from $6.47B in 2017 to $6.8B in 2022.

In 2009, Japan exported services to Belgium worth $4.62B, with Services not allocated ($2.31B), Other business services ($1.64B), and Royalties and license fees ($337M) being the largest in terms of value.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).