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Pricing

2022
Flag → Flag
Exports $111MRnk 111 / 222
2022
Flag → Flag
Top Product $29.9MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $31.1MRnk 35 / 139
2022
Flag → Flag
Top Product $20.6MCoal Tar Oil
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
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).

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €4.47M and imported €8.26M from Uzbekistan, resulting in a negative trade balance of €3.79M. Between July 2023 and July 2024 the exports of Belgium have decreased by €-2.42M (-35.2%) from €6.89M to €4.47M, while imports increased by €5.57M (208%) from €2.68M to €8.26M.

Trade In July 2024, the top exports of Belgium to Uzbekistan were Optical, photo, & film equipment; medical... (€502k), Machinery, mechanical appliances, & parts (€463k), Paints, dyes, & varnishes (€396k), Meat & edible offal (€260k), and Pharmaceutical products (€239k). In July 2024 the top imports of Belgium from Uzbekistan were Edible fruits, nuts & fruit peels (€663k), Zinc articles (€441k), Cotton (€119k), Electrical machinery and electronics (€43.7k), and Edible vegetables, roots, & tubers (€28.2k).

Growth In July 2024, the decrease in Belgium's year-by-year exports to Uzbekistan was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-965k or -67.6%), Rubber & articles thereof (€-484k or -79.9%), and Beverages, spirits, & vinegar (€-335k or -77.4%). In July 2024, the increase in Belgium's year-by-year imports  from Uzbekistan was explained primarily by an increase in product imports  in Cotton (€102k or 601%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-2.42M(-35.2%)
IMPORT GROWTH (July 2023 - July 2024)€5.57M(208%)

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 Uzbekistan and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Uzbekistan and Belgium Data

Go to Bulk Download

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 DestinationGermany$91.9B
Uzbekistan
Top DestinationSwitzerland$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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