Egypt (EGY) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Egypt-Belgium Trade: In 2022, Egypt exported $441M to Belgium. The main products that Egypt exported to Belgium were Nitrogenous Fertilizers ($78.8M), Petroleum Gas ($67.8M), and Ethylene Polymers ($66.9M). Over the past 5 years the exports of Egypt to Belgium have increased at an annualized rate of 13.4%, from $236M in 2017 to $441M in 2022.

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

Belgium-Egypt Trade: In 2022, Belgium exported $1.37B to Egypt. The main products that Belgium exported to Egypt were Scrap Iron ($348M), Packaged Medicaments ($219M), and Hot-Rolled Iron ($52.1M). Over the past 5 years the exports of Belgium to Egypt have increased at an annualized rate of 6.58%, from $999M in 2017 to $1.37B in 2022.

In 2020, Belgium exported services to Egypt worth $99.4M, with Other business services ($60.5M), Transportation ($24M), and Computer and information services ($4.57M) being the largest in terms of value.

Comparison: In 2022, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Egypt exported $441M to Belgium. The main products exported from Egypt to Belgium were Nitrogenous Fertilizers ($78.8M), Petroleum Gas ($67.8M), and Ethylene Polymers ($66.9M). During the last 5 years the exports of Egypt to Belgium have increased at an annualized rate of 13.4%, from $236M in 2017 to $441M in 2022.

In 2017, Belgium exported $1.37B to Egypt. The main products exported from Belgium to Egypt were Scrap Iron ($348M), Packaged Medicaments ($219M), and Hot-Rolled Iron ($52.1M). During the last 5 years the exports of Belgium to Egypt have increased at an annualized rate of 6.58%, from $999M in 2022 to $1.37B in 2017.

Exports from Egypt () to Belgium () (2022)

Exports from Belgium () to Egypt () (2022)

Latest Data

Trade between Egypt () and Belgium ()

Egypt Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationTurkey$4.23B

Belgium
Top DestinationGermany$91.9B

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

In 2022, countries that imported more from Egypt than Belgium included Kuwait ($1.12B), Sudan ($789M), and Jordan ($768M).

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

Difference in imports from Belgium () and Egypt () (2022)

Comparative Advantage Egypt - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Egypt had a large net trade with Belgium in the exports of Chemical Products ($118M), Mineral Products ($100M), and Plastics and Rubbers ($97.5M).

During 2017, Belgium had a large net trade with Egypt in the exports of Metals ($472M), Chemical Products ($405M), and Machines ($135M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Belgium+$119MPetroleum Gas

Top Product Potential Belgium Egypt+$68.4MPackaged Medicaments

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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Bilateral Service Trade

Bel Year

In 2020, Belgium exported services to Egypt worth $99.4M, with Other business services ($60.5M), Transportation ($24M), and Computer and information services ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Egypt and Belgium. This means that a dot/product with the flag of Egypt indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Egypt.

About

Historical Data

Bilateral Trade by Products

Exports from Egypt () to Belgium () (2022)

Exports from Belgium () to Egypt () (2022)

Latest Data

Trade between Egypt () and Belgium ()

Egypt Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Egypt () (2022)

Comparative Advantage Egypt - Belgium

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Belgium () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Egypt () and Belgium () (2022)

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