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Pricing

2023
Flag → Flag
Exports $92.8MRnk 116 / 220
2023
Flag → Flag
Top Product $24.5MCombustion Engines
2023
Flag → Flag
Exports $291kRnk 37 / 129
2023
Flag → Flag
Top Product $88.5kExcavation Machinery
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.63Rnk 93 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$16.8BCURRENT US$
Rnk 131 / 195
2013-2023
Flag
GDP GROWTH64.5%CURRENT US$
Rnk 43 / 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$643CURRENT US$
Rnk 187 / 196
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 114 / 195

About

Belgium-Niger Trade: In 2023, Belgium exported $92.8M to Niger. The main products that Belgium exported to Niger were Combustion Engines ($24.5M), Vaccines, blood, antisera, toxins and cultures ($15.8M), and Centrifuges ($9.47M). Over the past 5 years the exports of Belgium to Niger have increased at an annualized rate of 12.2%, from $52.2M in 2018 to $92.8M in 2023.

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

Niger-Belgium Trade: In 2023, Niger exported $291k to Belgium. The main products that Niger exported to Belgium were Excavation Machinery ($88.5k), Large Construction Vehicles ($48.4k), and Transmissions ($43.9k). Over the past 5 years the exports of Niger to Belgium have increased at an annualized rate of 56.7%,  from $30.8k in 2018 to $291k in 2023.

In 2023, Niger 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, Niger ranked 93 in the Economic Complexity Index (ECI -0.63), and 148 in total exports ($1.72B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €2.38M and imported €16.4k from Niger, resulting in a positive trade balance of €2.36M. Between October 2023 and October 2024 the exports of Belgium have increased by €1.48M (165%) from €897k to €2.38M, while imports increased by €14.8k (934%) from €1.58k to €16.4k.

Trade In October 2024, the top exports of Belgium to Niger were Machinery, mechanical appliances, & parts (€6.63M), Pharmaceutical products (€6.05M), Cars, tractors, trucks & parts thereof. (€989k), Miscellaneous edible preparations (€768k), and Edible products of animal origin, n.e.s. (€184k). In October 2024 the top imports of Belgium from Niger were Organic chemicals (€2.2k), Electrical machinery and electronics (€1.53k), and Aircraft and Spacecraft (€438).

Growth In October 2024, the increase in Belgium's year-by-year exports to Niger was explained primarily by an increase in product exports in Machinery, mechanical appliances, & parts (€6.61M or 37.5k%), Cars, tractors, trucks & parts thereof. (€588k or 147%), and Edible products of animal origin, n.e.s. (€182k or 9.51k%). In October 2024, the increase in Belgium's year-by-year imports  from Niger was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€1.48M(165%)
IMPORT GROWTH (October 2023 - October 2024)€14.8k(934%)

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 Niger and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Niger and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $92.8M to Niger. The main products exported from Belgium to Niger were Combustion Engines ($24.5M), Vaccines, blood, antisera, toxins and cultures ($15.8M), and Centrifuges ($9.47M). During the last 5 years the exports of Belgium to Niger have increased at an annualized rate of 12.2%, from $52.2M in 2018 to $92.8M in 2023.

In 2018, Niger exported $291k to Belgium. The main products exported from Niger to Belgium were Excavation Machinery ($88.5k), Large Construction Vehicles ($48.4k), and Transmissions ($43.9k). During the last 5 years the exports of Niger to Belgium have increased at an annualized rate of 56.7%, from $30.8k in 2023 to $291k in 2018.

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

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

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Niger
Top DestinationUnited Arab Emirates$533M

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

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

In 2023, no countries were registered that imported more from Niger than from Belgium.

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

Comparative Advantage Belgium - Niger

Flow
Scale

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

During 2023, Belgium had a large net trade with Niger in the exports of Machines ($46.6M), Chemical Products ($20.9M), and Transportation ($9.92M).

During 2018, Niger had a large net trade with Belgium in the exports of Machines ($252k), Miscellaneous ($15k), and Textiles ($12.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Niger+$5.69MVaccines, blood, antisera, toxins and cultures
Top Product Potential Niger Belgium+$474kScrap Copper

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

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

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