2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 186

About

Belgium-Kyrgyzstan Trade: In 2022, Belgium exported $19.6M to Kyrgyzstan. The main products that Belgium exported to Kyrgyzstan were Refined Petroleum ($4.23M), Used Clothing ($1.14M), and Cars ($1.02M). Over the past 5 years the exports of Belgium to Kyrgyzstan have increased at an annualized rate of 0.63%, from $19M in 2017 to $19.6M in 2022.

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

Kyrgyzstan-Belgium Trade: In 2022, Kyrgyzstan exported $16.4M to Belgium. The main products that Kyrgyzstan exported to Belgium were Refined Petroleum ($10.2M), Motor vehicles; parts and accessories (8701 to 8705) ($2.09M), and Refined Copper ($1.35M). Over the past 5 years the exports of Kyrgyzstan to Belgium have decreased at an annualized rate of 4.98%,  from $21.2M in 2017 to $16.4M in 2022.

In 2009, Kyrgyzstan exported services to Belgium worth $24.1k, with Royalties and license fees ($13.1k), Financial services ($10.1k), and Personal, cultural, and recreational services ($705) 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, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $19.6M to Kyrgyzstan. The main products exported from Belgium to Kyrgyzstan were Refined Petroleum ($4.23M), Used Clothing ($1.14M), and Cars ($1.02M). During the last 5 years the exports of Belgium to Kyrgyzstan have increased at an annualized rate of 0.63%, from $19M in 2017 to $19.6M in 2022.

In 2017, Kyrgyzstan exported $16.4M to Belgium. The main products exported from Kyrgyzstan to Belgium were Refined Petroleum ($10.2M), Motor vehicles; parts and accessories (8701 to 8705) ($2.09M), and Refined Copper ($1.35M). During the last 5 years the exports of Kyrgyzstan to Belgium have decreased at an annualized rate of 4.98%, from $21.2M in 2022 to $16.4M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Kyrgyzstan
Top Destination
Russia$1.07B

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

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

In 2022, countries that imported more from Kyrgyzstan than Belgium included Uzbekistan ($240M), Kazakhstan ($445M), and Anguilla ($175k).

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

Comparative Advantage Belgium - Kyrgyzstan

Flow
Scale

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

During 2022, Belgium had a large net trade with Kyrgyzstan in the exports of Mineral Products ($4.23M), Chemical Products ($3.3M), and Machines ($3.05M).

During 2017, Kyrgyzstan had a large net trade with Belgium in the exports of Mineral Products ($10.4M), Transportation ($2.26M), and Machines ($1.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Kyrgyzstan+$6.49MRefined Petroleum
Top Product Potential Kyrgyzstan Belgium+$8.86MRefined Petroleum

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

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

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