2022
Flag  
GDP
$579BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
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2022
Flag
 GDP
$60.3MCURRENT US$
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2012-2022
Flag
GDP GROWTH
53.4%CURRENT US$
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2022
Flag
GDP PC 
$49,583CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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2022
Flag
GDP PC
$5,335CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
47.2%CURRENT US$
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About

Belgium-Tuvalu Trade: In 2022, Belgium exported $71.1k to Tuvalu. The main products that Belgium exported to Tuvalu were Vaccines, blood, antisera, toxins and cultures ($71.1k). Over the past 9 years the exports of Belgium to Tuvalu have increased at an annualized rate of 59.5%, from $1.06k in 2013 to $71.1k in 2022.

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

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

In 2022, Tuvalu 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, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $71.1k to Tuvalu. The main products exported from Belgium to Tuvalu were Vaccines, blood, antisera, toxins and cultures ($71.1k). During the last 9 years the exports of Belgium to Tuvalu have increased at an annualized rate of 59.5%, from $1.06k in 2013 to $71.1k in 2022.

Tuvalu does not register exports to Belgium. The main products exported from Tuvalu to Belgium were Low-voltage Protection Equipment ($12) and Synthetic Rubber ($4).

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Tuvalu
Top Destination
Thailand$50M

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

In 2022, no countries were registered that imported more from Tuvalu than from Belgium.

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

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 2022, Belgium had a large net trade with Tuvalu in the exports of Chemical Products ($71.1k).

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) (2022)

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