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2023
Flag → Flag
Exports $355MRnk 71 / 220
2023
Flag → Flag
Top Product $20.9MRefined Petroleum
2023
Flag → Flag
Exports $256MRnk 18 / 171
2023
Flag → Flag
Top Product $37.4MNon-Knit Active Wear
2023
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
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Economic Complexity (ECI) ECI 0.13Rnk 56 / 132
2023
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GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
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GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
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 GDP$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
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GDP GROWTH-0.32%CURRENT US$
Rnk 171 / 195
2023
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GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
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GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
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GDP PC$3,978CURRENT US$
Rnk 131 / 196
2013-2023
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GDP PC GROWTH-8.97%CURRENT US$
Rnk 166 / 195

About

Belgium-Tunisia Trade: In 2023, Belgium exported $355M to Tunisia. The main products that Belgium exported to Tunisia were Refined Petroleum ($20.9M), Packaged Medicaments ($19.2M), and Heavy Pure Woven Cotton ($17.7M). Over the past 5 years the exports of Belgium to Tunisia have increased at an annualized rate of 0.53%, from $346M in 2018 to $355M in 2023.

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

Tunisia-Belgium Trade: In 2023, Tunisia exported $256M to Belgium. The main products that Tunisia exported to Belgium were Non-Knit Active Wear ($37.4M), Non-Knit Men's Suits ($32.6M), and Utility Meters ($29.4M). Over the past 5 years the exports of Tunisia to Belgium have increased at an annualized rate of 4.02%,  from $210M in 2018 to $256M in 2023.

In 2023, Tunisia 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, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €33.1M and imported €16M from Tunisia, resulting in a positive trade balance of €17.2M. Between October 2023 and October 2024 the exports of Belgium have increased by €1.73M (5.5%) from €31.4M to €33.1M, while imports decreased by €-1.26M (-7.32%) from €17.2M to €16M.

Trade In October 2024, the top exports of Belgium to Tunisia were Mineral fuels, mineral oils and products... (€30.4M), Electrical machinery and electronics (€2.95M), Plastics & articles thereof (€1.69M), Pharmaceutical products (€1.45M), and Non-knitted clothing accesories (€1.44M). In October 2024 the top imports of Belgium from Tunisia were Non-knitted clothing accesories (€12M), Copper articles (€1.64M), Knitted clothing accesories (€1.51M), Machinery, mechanical appliances, & parts (€879k), and Paper articles (€761k).

Growth In October 2024, the increase in Belgium's year-by-year exports to Tunisia was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... (€29.8M or 5.06k%), Electrical machinery and electronics (€1.02M or 52.6%), and Cars, tractors, trucks & parts thereof. (€774k or 312%). In October 2024, the decrease in Belgium's year-by-year imports  from Tunisia was explained primarily by an decrease in product imports  in Knitted clothing accesories (€-408k or -21.2%), Misc. manufactures (€-242k or -95.3%), and Perfumery & cosmetics (€-167k or -45%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€1.73M(5.5%)
IMPORT GROWTH (October 2023 - October 2024)€-1.26M(-7.32%)

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 Tunisia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Tunisia and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $355M to Tunisia. The main products exported from Belgium to Tunisia were Refined Petroleum ($20.9M), Packaged Medicaments ($19.2M), and Heavy Pure Woven Cotton ($17.7M). During the last 5 years the exports of Belgium to Tunisia have increased at an annualized rate of 0.53%, from $346M in 2018 to $355M in 2023.

In 2018, Tunisia exported $256M to Belgium. The main products exported from Tunisia to Belgium were Non-Knit Active Wear ($37.4M), Non-Knit Men's Suits ($32.6M), and Utility Meters ($29.4M). During the last 5 years the exports of Tunisia to Belgium have increased at an annualized rate of 4.02%, from $210M in 2023 to $256M in 2018.

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

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

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Tunisia
Top DestinationFrance$5.19B

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

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

In 2023, countries that imported more from Tunisia than Belgium included Libya ($847M).

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

Comparative Advantage Belgium - Tunisia

Flow
Scale

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

During 2023, Belgium had a large net trade with Tunisia in the exports of Textiles ($103M), Chemical Products ($72.9M), and Machines ($33.7M).

During 2018, Tunisia had a large net trade with Belgium in the exports of Textiles ($150M), Instruments ($34.3M), and Machines ($18.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Tunisia+$40.4MRefined Petroleum
Top Product Potential Tunisia Belgium+$22.8MRefined Petroleum

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

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

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