2023
Flag  
GDP
$14BCURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP GROWTH
90.7%CURRENT US$
Rnk 20 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$1,970CURRENT US$
Rnk 159 / 195
2013-2023
Flag
GDP PC GROWTH
55.2%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Kyrgyzstan-Belgium Trade: In 2023, Kyrgyzstan exported $9.32M to Belgium. The main products that Kyrgyzstan exported to Belgium were Motor vehicles; parts and accessories (8701 to 8705) ($4.24M), Combustion Engines ($2.34M), and Excavation Machinery ($837k). Over the past 5 years the exports of Kyrgyzstan to Belgium have decreased at an annualized rate of 8.19%, from $14.3M in 2018 to $9.32M in 2023.

In 2009, Kyrgyzstan exported services to Belgium worth $24.1k, with Royalties and license fees ($13.1k), Financial services ($10.1k), and Personal, cultural, and recreational services ($705) being the largest in terms of value.

Belgium-Kyrgyzstan Trade: In 2023, Belgium exported $30.2M to Kyrgyzstan. The main products that Belgium exported to Kyrgyzstan were Refined Petroleum ($8.29M), Cars ($3.46M), and Tractors ($1.13M). Over the past 5 years the exports of Belgium to Kyrgyzstan have increased at an annualized rate of 16.2%,  from $14.3M in 2018 to $30.2M in 2023.

In 2023, Belgium did not export any services to Kyrgyzstan.

Comparison: In 2023,  Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B). 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, Kyrgyzstan exported $9.32M to Belgium. The main products exported from Kyrgyzstan to Belgium were Motor vehicles; parts and accessories (8701 to 8705) ($4.24M), Combustion Engines ($2.34M), and Excavation Machinery ($837k). During the last 5 years the exports of Kyrgyzstan to Belgium have decreased at an annualized rate of 8.19%, from $14.3M in 2018 to $9.32M in 2023.

In 2018, Belgium exported $30.2M to Kyrgyzstan. The main products exported from Belgium to Kyrgyzstan were Refined Petroleum ($8.29M), Cars ($3.46M), and Tractors ($1.13M). During the last 5 years the exports of Belgium to Kyrgyzstan have increased at an annualized rate of 16.2%, from $14.3M in 2023 to $30.2M in 2018.

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

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

Latest Data

Trade between Kyrgyzstan (Flag) and Belgium (Flag)

Kyrgyzstan Exports

Belgium Exports

Market Competitiveness

Color
Kyrgyzstan
Top Destination
Switzerland$1.18B
Belgium
Top Destination
France$85.6B

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

In 2023, countries that imported more from Kyrgyzstan than Belgium included Kazakhstan ($559M) and Uzbekistan ($284M).

In 2023, countries that imported more from Belgium than Kyrgyzstan included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Comparative Advantage Kyrgyzstan - Belgium

Flow
Scale

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

During 2023, Kyrgyzstan had a large net trade with Belgium in the exports of Transportation ($4.45M), Machines ($4.36M), and Mineral Products ($128k).

During 2018, Belgium had a large net trade with Kyrgyzstan in the exports of Mineral Products ($8.29M), Chemical Products ($5.25M), and Transportation ($5.08M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kyrgyzstan Belgium+$8.86MRefined Petroleum
Top Product Potential Belgium Kyrgyzstan+$6.49MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with