Sign In
Pricing

2022
Flag → Flag
Exports $16.7MRnk 155 / 222
2022
Flag → Flag
Top Product $2.75MPerfumes
2022
Flag → Flag
Exports $5.68MRnk 23 / 123
2022
Flag → Flag
Top Product $4.35MPrecious Metal Scraps
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH-49.1%CURRENT US$
Rnk 185 / 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$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH-57.3%CURRENT US$
Rnk 184 / 186

About

Belgium-Macau Trade: In 2022, Belgium exported $16.7M to Macau. The main products that Belgium exported to Macau were Perfumes ($2.75M), Hard Liquor ($2.18M), and Trunks and Cases ($1.79M). Over the past 5 years the exports of Belgium to Macau have increased at an annualized rate of 4.96%, from $13.1M in 2017 to $16.7M in 2022.

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

Macau-Belgium Trade: In 2022, Macau exported $5.68M to Belgium. The main products that Macau exported to Belgium were Precious Metal Scraps ($4.35M), Scrap Copper ($625k), and Cobalt ($447k). Over the past 5 years the exports of Macau to Belgium have increased at an annualized rate of 30.1%,  from $1.53M in 2017 to $5.68M in 2022.

In 2022, Macau 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, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €498k and imported €179k from Macau, resulting in a positive trade balance of €319k. Between July 2023 and July 2024 the exports of Belgium have decreased by €-683k (-57.8%) from €1.18M to €498k, while imports increased by €173k (2.75k%) from €6.27k to €179k.

Trade In July 2024, the top exports of Belgium to Macau were Leather articles (€131k), Toys, games, & sports (€105k), Beverages, spirits, & vinegar (€68.9k), Non-knitted clothing accesories (€61k), and Electrical machinery and electronics (€44.1k). In July 2024 the top imports of Belgium from Macau were Electrical machinery and electronics (€917k), Non-knitted clothing accesories (€1.54k), Leather articles (€911), Pharmaceutical products (€159), and Knitted clothing accesories (€98).

Growth In July 2024, the decrease in Belgium's year-by-year exports to Macau was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-21.3k or -92.8%), Used clothes & textile articles (€-3.24k or -91.2%), and Footwear (€-2.7k or -53.5%). In July 2024, the increase in Belgium's year-by-year imports  from Macau was explained primarily by an increase in product imports  in Electrical machinery and electronics (€917k or 397k%), Non-knitted clothing accesories (€1.11k or 262%), and Knitted clothing accesories (€12 or 14%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-683k(-57.8%)
IMPORT GROWTH (July 2023 - July 2024)€173k(2.75k%)

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 Macau and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Macau and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $16.7M to Macau. The main products exported from Belgium to Macau were Perfumes ($2.75M), Hard Liquor ($2.18M), and Trunks and Cases ($1.79M). During the last 5 years the exports of Belgium to Macau have increased at an annualized rate of 4.96%, from $13.1M in 2017 to $16.7M in 2022.

In 2017, Macau exported $5.68M to Belgium. The main products exported from Macau to Belgium were Precious Metal Scraps ($4.35M), Scrap Copper ($625k), and Cobalt ($447k). During the last 5 years the exports of Macau to Belgium have increased at an annualized rate of 30.1%, from $1.53M in 2022 to $5.68M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Macau
Top DestinationHong Kong$1.22B

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

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

In 2022, no countries were registered that imported more from Macau than from Belgium.

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

Comparative Advantage Belgium - Macau

Flow
Scale

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

During 2022, Belgium had a large net trade with Macau in the exports of Chemical Products ($5.83M), Foodstuffs ($3.76M), and Animal Hides ($1.85M).

During 2017, Macau had a large net trade with Belgium in the exports of Precious Metals ($4.35M), Metals ($1.07M), and Chemical Products ($95.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Macau. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Macau. Similarly, a dot/product with the flag of Macau indicates it has a comparative advantage over Belgium.

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

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