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2023
Flag → Flag
Exports $422MRnk 65 / 220
2023
Flag → Flag
Top Product $132MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $250MRnk 29 / 205
2023
Flag → Flag
Top Product $63.4MRice
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 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$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Belgium-Pakistan Trade: In 2023, Belgium exported $422M to Pakistan. The main products that Belgium exported to Pakistan were Vaccines, blood, antisera, toxins and cultures ($132M), Scrap Iron ($66.8M), and Refined Petroleum ($51.5M). Over the past 5 years the exports of Belgium to Pakistan have increased at an annualized rate of 1.39%, from $394M in 2018 to $422M in 2023.

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

Pakistan-Belgium Trade: In 2023, Pakistan exported $250M to Belgium. The main products that Pakistan exported to Belgium were Rice ($63.4M), House Linens ($31.9M), and Industrial Fatty Acids, Oils and Alcohols ($17.1M). Over the past 5 years the exports of Pakistan to Belgium have decreased at an annualized rate of 1.05%,  from $263M in 2018 to $250M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €39.3M and imported €19.4M from Pakistan, resulting in a positive trade balance of €19.9M. Between October 2023 and October 2024 the exports of Belgium have decreased by €-13.4M (-25.4%) from €52.7M to €39.3M, while imports increased by €6.47M (49.9%) from €13M to €19.4M.

Trade In October 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 October 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 October 2024, the decrease in Belgium's year-by-year exports to Pakistan was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-3.22M or -48.8%), Copper articles (€-2.11M or -91%), and Cars, tractors, trucks & parts thereof. (€-1.37M or -99.6%). In October 2024, the increase in Belgium's year-by-year imports  from Pakistan was explained primarily by an increase in product imports  in Precious stones, metals, & pearls (€583k or 1.66M%), Toys, games, & sports (€526k or 144%), and Cotton (€346k or 101%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€-13.4M(-25.4%)
IMPORT GROWTH (October 2023 - October 2024)€6.47M(49.9%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $422M to Pakistan. The main products exported from Belgium to Pakistan were Vaccines, blood, antisera, toxins and cultures ($132M), Scrap Iron ($66.8M), and Refined Petroleum ($51.5M). During the last 5 years the exports of Belgium to Pakistan have increased at an annualized rate of 1.39%, from $394M in 2018 to $422M in 2023.

In 2018, Pakistan exported $250M to Belgium. The main products exported from Pakistan to Belgium were Rice ($63.4M), House Linens ($31.9M), and Industrial Fatty Acids, Oils and Alcohols ($17.1M). During the last 5 years the exports of Pakistan to Belgium have decreased at an annualized rate of 1.05%, from $263M in 2023 to $250M in 2018.

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

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

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Pakistan than Belgium included Afghanistan ($969M), Bangladesh ($690M), and Sri Lanka ($322M).

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

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 2023, Belgium had a large net trade with Pakistan in the exports of Chemical Products ($174M), Metals ($110M), and Mineral Products ($51.7M).

During 2018, Pakistan had a large net trade with Belgium in the exports of Textiles ($118M), Vegetable Products ($64.5M), and Chemical Products ($24.1M).

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) (2023)

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