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2023
Flag → Flag
Exports $49.2BRnk 4 / 219
2023
Flag → Flag
Top Product $4.17BCars
2023
Flag → Flag
Exports $85.6BRnk 1 / 220
2023
Flag → Flag
Top Product $19.2BPetroleum Gas
2023
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Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
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GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
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GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
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 GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
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GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
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GDP PC $44,691CURRENT US$
Rnk 30 / 195
2013-2023
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GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195
2023
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GDP PC$54,701CURRENT US$
Rnk 20 / 196
2013-2023
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GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195

About

France-Belgium Trade: In 2023, France exported $49.2B to Belgium. The main products that France exported to Belgium were Cars ($4.17B), Integrated Circuits ($3.55B), and Packaged Medicaments ($2.61B). Over the past 5 years the exports of France to Belgium have increased at an annualized rate of 5.65%, from $37.4B in 2018 to $49.2B in 2023.

In 2020, France exported services to Belgium worth $13.2B, with Other business services ($4.87B), Travel ($4.73B), and Transportation ($1.99B) being the largest in terms of value.

Belgium-France Trade: In 2023, Belgium exported $85.6B to France. The main products that Belgium exported to France were Petroleum Gas ($19.2B), Refined Petroleum ($4.61B), and Cars ($4.18B). Over the past 5 years the exports of Belgium to France have increased at an annualized rate of 12.8%,  from $46.9B in 2018 to $85.6B in 2023.

In 2020, Belgium exported services to France worth $12.1B, with Other business services ($5.13B), Transportation ($2.75B), and Travel ($1.48B) being the largest in terms of value.

Comparison: In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, France exported $49.2B to Belgium. The main products exported from France to Belgium were Cars ($4.17B), Integrated Circuits ($3.55B), and Packaged Medicaments ($2.61B). During the last 5 years the exports of France to Belgium have increased at an annualized rate of 5.65%, from $37.4B in 2018 to $49.2B in 2023.

In 2018, Belgium exported $85.6B to France. The main products exported from Belgium to France were Petroleum Gas ($19.2B), Refined Petroleum ($4.61B), and Cars ($4.18B). During the last 5 years the exports of Belgium to France have increased at an annualized rate of 12.8%, from $46.9B in 2023 to $85.6B in 2018.

Exports from France (Flag) to Belgium (Flag) (2023)

Exports from Belgium (Flag) to France (Flag) (2023)

Latest Data

Trade between France (Flag) and Belgium (Flag)

France Exports

Belgium Exports

Market Competitiveness

Color
France
Top DestinationGermany$72.8B
Belgium
Top DestinationFrance$85.6B

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

In 2023, countries that imported more from France than Belgium included Spain ($43B), United States ($51.2B), and Italy ($56.3B).

In 2023, countries that imported more from Belgium than France included Netherlands ($67.3B), Nigeria ($5.34B), and Luxembourg ($6.65B).

Difference in imports from Belgium (Flag) and France (Flag) (2023)

Comparative Advantage France - Belgium

Flow
Scale

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

During 2023, France had a large net trade with Belgium in the exports of Chemical Products ($9.43B), Machines ($7.9B), and Transportation ($7.2B).

During 2018, Belgium had a large net trade with France in the exports of Mineral Products ($25.4B), Chemical Products ($11.7B), and Transportation ($7.5B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Belgium+$987MPackaged Medicaments
Top Product Potential Belgium France+$2.03BRefined Petroleum

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

In 2020, France exported services to Belgium worth $13.2B, with Other business services ($4.87B), Travel ($4.73B), and Transportation ($1.99B) being the largest in terms of value.

In 2020, Belgium exported services to France worth $12.1B, with Other business services ($5.13B), Transportation ($2.75B), and Travel ($1.48B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from France (Flag) to Belgium (Flag) (2020)

Services Exports from Belgium (Flag) to France (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of France (Flag) and Belgium (Flag) (2023)

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