2023
Flag  
GDP
$645BCURRENT US$
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2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP
$62.3MCURRENT US$
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2013-2023
Flag
GDP GROWTH
61.3%CURRENT US$
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2023
Flag
GDP PC 
$54,701CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
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2023
Flag
GDP PC
$6,345CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
80.8%CURRENT US$
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About

Belgium-Tuvalu Trade: In 2023, Belgium exported $517k to Tuvalu. The main products that Belgium exported to Tuvalu were Packaged Medicaments ($449k), Vaccines, blood, antisera, toxins and cultures ($63.7k), and Processed Tobacco ($3.87k). Over the past 9 years the exports of Belgium to Tuvalu have increased at an annualized rate of 52.5%, from $11.6k in 2014 to $517k in 2023.

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

Tuvalu-Belgium In N/A, Tuvalu did not export any products to Belgium.

In 2023, Tuvalu 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, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $517k to Tuvalu. The main products exported from Belgium to Tuvalu were Packaged Medicaments ($449k), Vaccines, blood, antisera, toxins and cultures ($63.7k), and Processed Tobacco ($3.87k). During the last 9 years the exports of Belgium to Tuvalu have increased at an annualized rate of 52.5%, from $11.6k in 2014 to $517k in 2023.

Tuvalu does not register exports to Belgium. The main products exported from Tuvalu to Belgium were Other Rubber Products ($42) and Bi-Wheel Vehicle Parts ($16).

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

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

Market Competitiveness

Color
Belgium
Top Destination
France$85.6B
Tuvalu
Top Destination
Thailand$45.9M

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

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

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

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

Comparative Advantage Belgium - Tuvalu

Flow
Scale

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

During 2023, Belgium had a large net trade with Tuvalu in the exports of Chemical Products ($512k), Foodstuffs ($3.87k), and Paper Goods ($681).

Economic Complexity

Competitive Landscape

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

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

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