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2023
Flag → Flag
Exports $135MRnk 98 / 220
2023
Flag → Flag
Top Product $67.5MDiamonds
2023
Flag → Flag
Exports $61.9MRnk 37 / 172
2023
Flag → Flag
Top Product $7.52MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.66Rnk 95 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$42.3BCURRENT US$
Rnk 99 / 195
2013-2023
Flag
GDP GROWTH114%CURRENT US$
Rnk 10 / 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$2,430CURRENT US$
Rnk 150 / 196
2013-2023
Flag
GDP PC GROWTH86.1%CURRENT US$
Rnk 13 / 195

About

Belgium-Cambodia Trade: In 2023, Belgium exported $135M to Cambodia. The main products that Belgium exported to Cambodia were Diamonds ($67.5M), Packaged Medicaments ($17.6M), and Vaccines, blood, antisera, toxins and cultures ($9.78M). Over the past 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 9.75%, from $84.7M in 2018 to $135M in 2023.

In 2023, Belgium did not export any services to Cambodia.

Cambodia-Belgium Trade: In 2023, Cambodia exported $61.9M to Belgium. The main products that Cambodia exported to Belgium were Diamonds ($7.52M), Bicycles, delivery tricycles, other cycles ($5.04M), and Textile Footwear ($4.78M). Over the past 5 years the exports of Cambodia to Belgium have decreased at an annualized rate of 17.3%,  from $160M in 2018 to $61.9M in 2023.

In 2023, Cambodia 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, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €7.51M and imported €4.86M from Cambodia, resulting in a positive trade balance of €2.65M. Between October 2023 and October 2024 the exports of Belgium have increased by €417k (5.88%) from €7.1M to €7.51M, while imports increased by €1.07M (28.2%) from €3.79M to €4.86M.

Trade In October 2024, the top exports of Belgium to Cambodia were Precious stones, metals, & pearls (€5.43M), Pharmaceutical products (€1.5M), Products of the milling industry (€1.27M), Food residues & wastes; animal fodder (€1.07M), and Machinery, mechanical appliances, & parts (€523k). In October 2024 the top imports of Belgium from Cambodia were Knitted clothing accesories (€780k), Footwear (€633k), Electrical machinery and electronics (€519k), Products of the milling industry (€432k), and Non-knitted clothing accesories (€388k).

Growth In October 2024, the increase in Belgium's year-by-year exports to Cambodia was explained primarily by an increase in product exports in Pharmaceutical products (€1.43M or 1.81k%), Products of the milling industry (€988k or 351%), and Food residues & wastes; animal fodder (€729k or 211%). In October 2024, the increase in Belgium's year-by-year imports  from Cambodia was explained primarily by an increase in product imports  in Electrical machinery and electronics (€505k or 3.57k%), Products of the milling industry (€183k or 73.4%), and Footwear (€156k or 32.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€417k(5.88%)
IMPORT GROWTH (October 2023 - October 2024)€1.07M(28.2%)

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 Cambodia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cambodia and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $135M to Cambodia. The main products exported from Belgium to Cambodia were Diamonds ($67.5M), Packaged Medicaments ($17.6M), and Vaccines, blood, antisera, toxins and cultures ($9.78M). During the last 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 9.75%, from $84.7M in 2018 to $135M in 2023.

In 2018, Cambodia exported $61.9M to Belgium. The main products exported from Cambodia to Belgium were Diamonds ($7.52M), Bicycles, delivery tricycles, other cycles ($5.04M), and Textile Footwear ($4.78M). During the last 5 years the exports of Cambodia to Belgium have decreased at an annualized rate of 17.3%, from $160M in 2023 to $61.9M in 2018.

Exports from Belgium (Flag) to Cambodia (Flag) (2023)

Exports from Cambodia (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Cambodia
Top DestinationUnited States$12.2B

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

In 2023, countries that imported more from Belgium than Cambodia included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Cambodia than Belgium included Thailand ($1.6B), Vietnam ($1.55B), and Singapore ($1.36B).

Difference in imports from Cambodia (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Cambodia

Flow
Scale

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

During 2023, Belgium had a large net trade with Cambodia in the exports of Precious Metals ($67.5M), Chemical Products ($28.6M), and Foodstuffs ($10.6M).

During 2018, Cambodia had a large net trade with Belgium in the exports of Textiles ($29.2M), Footwear and Headwear ($9.14M), and Precious Metals ($7.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Cambodia+$8.02MCars
Top Product Potential Cambodia Belgium+$20.2MKnit Sweaters

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

Product Space of Belgium (Flag) and Cambodia (Flag) (2023)

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