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Pricing

2022
Flag → Flag
Exports $31.3MRnk 140 / 222
2022
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Top Product $6.66MLaboratory Reagents
2022
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Exports $297MRnk 4 / 139
2022
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Top Product $157MDiamonds
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI -0.91Rnk 101 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
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GDP GROWTH20.8%CURRENT US$
Rnk 121 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$1,267CURRENT US$
Rnk 162 / 186
2012-2022
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GDP PC GROWTH-1.8%CURRENT US$
Rnk 147 / 186

About

Belgium-Zimbabwe In 2022, Belgium exported $31.3M to Zimbabwe. The main products that Belgium exported to Zimbabwe are Laboratory Reagents ($6.66M), Packaged Medicaments ($5.31M), and Vaccines, blood, antisera, toxins and cultures ($4.78M). During the last 23 years the exports of Belgium to Zimbabwe have increased at an annualized rate of 1.91%, from $20.3M in 1999 to $31.3M in 2022.

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

Zimbabwe-Belgium In 2022, Zimbabwe exported $297M to Belgium. The main products that Zimbabwe exported to Belgium were Diamonds ($157M), Raw Tobacco ($138M), and Building Stone ($574k). During the last 23 years the exports of Zimbabwe to Belgium have increased at an annualized rate of 9.61%, from $35.9M in 1999 to $297M in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Zimbabwe ranked 101 in the Economic Complexity Index (ECI -0.91), and 109 in total exports ($8.41B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €15.6M and imported €6.07M from Zimbabwe, resulting in a positive trade balance of €9.55M. Between December 2022 and December 2023 the exports of Belgium have increased by €14.2M (1.03k%) from €1.39M to €15.6M, while imports decreased by €-9.91M (-62%) from €16M to €6.07M.

Trade In December 2023, the top exports of Belgium to Zimbabwe were Pharmaceutical products (€4.75M), Machinery, mechanical appliances, & parts (€94.7k), Photo & movie goods (€18k), Plastics & articles thereof (€10.5k), and Chemical products n.e.s. (€5.62k). In December 2023 the top imports of Belgium from Zimbabwe were Precious stones, metals, & pearls (€9.37M), Tobacco & substitutes (€496k), Stone, plaster, cement, asbestos, mica. (€25.1k), Iron & steel (€7.77k), and Machinery, mechanical appliances, & parts (€515).

Growth In December 2023, the increase in Belgium's year-by-year exports to Zimbabwe was explained primarily by an increase in product exports in Pharmaceutical products (€4.61M or 3.37k%), Machinery, mechanical appliances, & parts (€84.7k or 853%), and Photo & movie goods (€6.72k or 59.6%). In December 2023, the decrease in Belgium's year-by-year imports  from Zimbabwe was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€14.2M(1.03k%)
IMPORT GROWTH (December 2022 - December 2023)€-9.91M(-62%)

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 Zimbabwe and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $31.3M to Zimbabwe. The main products exported from Belgium to Zimbabwe were Laboratory Reagents ($6.66M), Packaged Medicaments ($5.31M), and Vaccines, blood, antisera, toxins and cultures ($4.78M). During the last 23 years the exports of Belgium to Zimbabwe have increased at an annualized rate of 1.91%, from $20.3M in 1999 to $31.3M in 2022.

In 2022, Zimbabwe exported $297M to Belgium. The main products exported from Zimbabwe to Belgium were Diamonds ($157M), Raw Tobacco ($138M), and Building Stone ($574k). During the last 23 years the exports of Zimbabwe to Belgium have increased at an annualized rate of 9.61%, from $35.9M in 1999 to $297M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

In 2021, countries that imported more from Belgium than Zimbabwe were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Zimbabwe than Belgium were United Arab Emirates ($4.78B), Lesotho ($67.2M), and Namibia ($28.6M).

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

Comparative Advantage Belgium - Zimbabwe

Flow
Scale

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

During 2022, Belgium had a large net trade with Zimbabwe in the exports of Chemical Products ($18.8M), Plastics and Rubbers ($4.76M), and Machines ($3.21M).

During 2022, Zimbabwe had a large net trade with Belgium in the exports of Precious Metals ($157M), Foodstuffs ($138M), and Stone And Glass ($574k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Zimbabwe. Similarly, the more yellow a dot/product is, the more Zimbabwe has comparative advantage over Belgium.

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

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