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2022
Flag → Flag
Exports $591MRnk 57 / 222
2022
Flag → Flag
Top Product $186MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $591MRnk 13 / 199
2022
Flag → Flag
Top Product $163MHouse Linens
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 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$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Belgium-Pakistan Trade: In 2022, Belgium exported $591M to Pakistan. The main products that Belgium exported to Pakistan were Vaccines, blood, antisera, toxins and cultures ($186M), Scrap Iron ($87.6M), and Looms ($56.6M). Over the past 5 years the exports of Belgium to Pakistan have increased at an annualized rate of 5.94%, from $443M in 2017 to $591M in 2022.

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

Pakistan-Belgium Trade: In 2022, Pakistan exported $591M to Belgium. The main products that Pakistan exported to Belgium were House Linens ($163M), Knit Socks and Hosiery ($66.9M), and Rice ($51.8M). Over the past 5 years the exports of Pakistan to Belgium have increased at an annualized rate of 5.01%,  from $463M in 2017 to $591M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €26.9M and imported €17.7M from Pakistan, resulting in a positive trade balance of €9.19M. Between July 2023 and July 2024 the exports of Belgium have increased by €6.42M (31.4%) from €20.5M to €26.9M, while imports decreased by €-1.11M (-5.88%) from €18.8M to €17.7M.

Trade In July 2024, the top exports of Belgium to Pakistan were Pharmaceutical products (€10.6M), Iron & steel (€5.97M), Machinery, mechanical appliances, & parts (€3.37M), Aluminum articles (€2.01M), and Plastics & articles thereof (€1.66M). In July 2024 the top imports of Belgium from Pakistan were Knitted clothing accesories (€3.42M), Non-knitted clothing accesories (€2.79M), Used clothes & textile articles (€2.36M), Chemical products n.e.s. (€1.89M), and Cereals (€966k).

Growth In July 2024, the increase in Belgium's year-by-year exports to Pakistan was explained primarily by an increase in product exports in Pharmaceutical products (€7.73M or 273%), Aluminum articles (€912k or 83.4%), and Man-made staple fibres (€408k or 51.6k%). In July 2024, the decrease in Belgium's year-by-year imports  from Pakistan was explained primarily by an decrease in product imports  in Cereals (€-3M or -75.6%), Knitted clothing accesories (€-2.32M or -40.4%), and Salt, sulphur, cement, lime, stone, &... (€-1.7M or -100%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€6.42M(31.4%)
IMPORT GROWTH (July 2023 - July 2024)€-1.11M(-5.88%)

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 Pakistan and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Pakistan and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $591M to Pakistan. The main products exported from Belgium to Pakistan were Vaccines, blood, antisera, toxins and cultures ($186M), Scrap Iron ($87.6M), and Looms ($56.6M). During the last 5 years the exports of Belgium to Pakistan have increased at an annualized rate of 5.94%, from $443M in 2017 to $591M in 2022.

In 2017, Pakistan exported $591M to Belgium. The main products exported from Pakistan to Belgium were House Linens ($163M), Knit Socks and Hosiery ($66.9M), and Rice ($51.8M). During the last 5 years the exports of Pakistan to Belgium have increased at an annualized rate of 5.01%, from $463M in 2022 to $591M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Pakistan
Top DestinationUnited States$6.47B

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

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

In 2022, countries that imported more from Pakistan than Belgium included Afghanistan ($975M), Bangladesh ($839M), and Sri Lanka ($417M).

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

Comparative Advantage Belgium - Pakistan

Flow
Scale

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

During 2022, Belgium had a large net trade with Pakistan in the exports of Chemical Products ($244M), Metals ($149M), and Machines ($88.7M).

During 2017, Pakistan had a large net trade with Belgium in the exports of Textiles ($444M), Vegetable Products ($53M), and Metals ($41.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Pakistan+$45.4MVaccines, blood, antisera, toxins and cultures
Top Product Potential Pakistan Belgium+$16.1MNon-Knit Men's Suits

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

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

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