2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
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GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
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GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

Belgium-Uzbekistan Trade: In 2022, Belgium exported $111M to Uzbekistan. The main products that Belgium exported to Uzbekistan were Vaccines, blood, antisera, toxins and cultures ($29.9M), Looms ($21.1M), and Synthetic Rubber ($4.6M). Over the past 5 years the exports of Belgium to Uzbekistan have increased at an annualized rate of 18.7%, from $46.9M in 2017 to $111M in 2022.

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

Uzbekistan-Belgium Trade: In 2022, Uzbekistan exported $31.1M to Belgium. The main products that Uzbekistan exported to Belgium were Coal Tar Oil ($20.6M), Raw Zinc ($3.22M), and Non-Retail Pure Cotton Yarn ($3M). Over the past 5 years the exports of Uzbekistan to Belgium have increased at an annualized rate of 41.4%,  from $5.5M in 2017 to $31.1M in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $111M to Uzbekistan. The main products exported from Belgium to Uzbekistan were Vaccines, blood, antisera, toxins and cultures ($29.9M), Looms ($21.1M), and Synthetic Rubber ($4.6M). During the last 5 years the exports of Belgium to Uzbekistan have increased at an annualized rate of 18.7%, from $46.9M in 2017 to $111M in 2022.

In 2017, Uzbekistan exported $31.1M to Belgium. The main products exported from Uzbekistan to Belgium were Coal Tar Oil ($20.6M), Raw Zinc ($3.22M), and Non-Retail Pure Cotton Yarn ($3M). During the last 5 years the exports of Uzbekistan to Belgium have increased at an annualized rate of 41.4%, from $5.5M in 2022 to $31.1M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Uzbekistan
Top Destination
Switzerland$4.29B

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

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

In 2022, countries that imported more from Uzbekistan than Belgium included Kazakhstan ($1.25B), Kyrgyzstan ($926M), and Tajikistan ($414M).

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

Comparative Advantage Belgium - Uzbekistan

Flow
Scale

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

During 2022, Belgium had a large net trade with Uzbekistan in the exports of Chemical Products ($46.5M), Machines ($31.3M), and Plastics and Rubbers ($12.4M).

During 2017, Uzbekistan had a large net trade with Belgium in the exports of Mineral Products ($20.6M), Textiles ($3.58M), and Metals ($3.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Uzbekistan+$15.5MVaccines, blood, antisera, toxins and cultures
Top Product Potential Uzbekistan Belgium+$1.13MNon-Retail Pure Cotton Yarn

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

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

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