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Pricing

2022
Flag → Flag
Exports $127MRnk 106 / 222
2022
Flag → Flag
Top Product $79.5MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $59.9MRnk 24 / 128
2022
Flag → Flag
Top Product $42.8MRaw Copper
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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Economic Complexity (ECI) ECI -0.7Rnk 96 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH-14%CURRENT US$
Rnk 165 / 186

About

Belgium-Zambia Trade: In 2022, Belgium exported $127M to Zambia. The main products that Belgium exported to Zambia were Vaccines, blood, antisera, toxins and cultures ($79.5M), Other Plastic Products ($7.37M), and Sulphur ($4.99M). Over the past 5 years the exports of Belgium to Zambia have increased at an annualized rate of 15.1%, from $63M in 2017 to $127M in 2022.

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

Zambia-Belgium Trade: In 2022, Zambia exported $59.9M to Belgium. The main products that Zambia exported to Belgium were Raw Copper ($42.8M), Raw Tobacco ($9.84M), and Coffee ($1.87M). Over the past 5 years the exports of Zambia to Belgium have decreased at an annualized rate of 8.63%,  from $113M in 2017 to $59.9M in 2022.

In 2022, Zambia 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, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €3.44M and imported €97.2k from Zambia, resulting in a positive trade balance of €3.35M. Between August 2023 and August 2024 the exports of Belgium have decreased by €-13.1M (-79.2%) from €16.6M to €3.44M, while imports decreased by €-580k (-85.6%) from €677k to €97.2k.

Trade In August 2024, the top exports of Belgium to Zambia were Machinery, mechanical appliances, & parts (€983k), Optical, photo, & film equipment; medical... (€262k), Chemical products n.e.s. (€128k), Used clothes & textile articles (€54.9k), and Cars, tractors, trucks & parts thereof. (€53.7k). In August 2024 the top imports of Belgium from Zambia were Copper articles (€4.8M), Tobacco & substitutes (€819k), Iron & steel (€296k), Precious stones, metals, & pearls (€15.2k), and Footwear (€159).

Growth In August 2024, the decrease in Belgium's year-by-year exports to Zambia was explained primarily by an decrease in product exports in Optical, photo, & film equipment; medical... (€-9.83k or -3.62%), Soap, cleaners, candles, dental, modelling pastes (€-2.32k or -27.9%), and Plastics & articles thereof (€-489 or -14.7%). In August 2024, the decrease in Belgium's year-by-year imports  from Zambia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-13.1M(-79.2%)
IMPORT GROWTH (August 2023 - August 2024)€-580k(-85.6%)

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 Zambia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Zambia and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $127M to Zambia. The main products exported from Belgium to Zambia were Vaccines, blood, antisera, toxins and cultures ($79.5M), Other Plastic Products ($7.37M), and Sulphur ($4.99M). During the last 5 years the exports of Belgium to Zambia have increased at an annualized rate of 15.1%, from $63M in 2017 to $127M in 2022.

In 2017, Zambia exported $59.9M to Belgium. The main products exported from Zambia to Belgium were Raw Copper ($42.8M), Raw Tobacco ($9.84M), and Coffee ($1.87M). During the last 5 years the exports of Zambia to Belgium have decreased at an annualized rate of 8.63%, from $113M in 2022 to $59.9M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Zambia
Top DestinationSwitzerland$4.5B

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

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

In 2022, countries that imported more from Zambia than Belgium included Pitcairn Islands ($1.49B), Democratic Republic of the Congo ($1.51B), and Equatorial Guinea ($635M).

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

Comparative Advantage Belgium - Zambia

Flow
Scale

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

During 2022, Belgium had a large net trade with Zambia in the exports of Chemical Products ($89.5M), Machines ($14.6M), and Plastics and Rubbers ($8.27M).

During 2017, Zambia had a large net trade with Belgium in the exports of Metals ($43.5M), Foodstuffs ($9.88M), and Vegetable Products ($1.97M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Zambia+$2.68MPackaged Medicaments
Top Product Potential Zambia Belgium+$16.6MRaw Copper

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

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

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