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ExportsGermany-Belgium Trade: In 2023, Germany exported $56.1B to Belgium. The main products that Germany exported to Belgium were Cars ($8B), Packaged Medicaments ($3.86B), and Motor vehicles; parts and accessories (8701 to 8705) ($2B). Over the past 5 years the exports of Germany to Belgium have increased at an annualized rate of 2.53%, from $49.5B in 2018 to $56.1B in 2023.
In 2020, Germany exported services to Belgium worth $6.02B, with Other business services ($2.99B), Transportation ($1.29B), and Travel ($875M) being the largest in terms of value.
Belgium-Germany Trade: In 2023, Belgium exported $60.8B to Germany. The main products that Belgium exported to Germany were Petroleum Gas ($9.78B), Refined Petroleum ($5.5B), and Vaccines, blood, antisera, toxins and cultures ($4.24B). Over the past 5 years the exports of Belgium to Germany have increased at an annualized rate of 3.65%, from $50.8B in 2018 to $60.8B in 2023.
In 2020, Belgium exported services to Germany worth $9.86B, with Other business services ($3.75B), Transportation ($2.58B), and Computer and information services ($1.04B) being the largest in terms of value.
Comparison: In 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).
