Poland (POL) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Poland-Belgium Trade: In 2023, Poland exported $8.05B to Belgium. The main products that Poland exported to Belgium were Electric Batteries ($1.16B), Motor vehicles; parts and accessories (8701 to 8705) ($589M), and Delivery Trucks ($248M). Over the past 5 years the exports of Poland to Belgium have increased at an annualized rate of 7.51%, from $5.6B in 2018 to $8.05B in 2023.

In 2020, Poland exported services to Belgium worth $1.27B, with Other business services ($557M), Transportation ($330M), and Construction services ($167M) being the largest in terms of value.

Belgium-Poland Trade: In 2023, Belgium exported $8.47B to Poland. The main products that Belgium exported to Poland were Refined Petroleum ($547M), Vaccines, blood, antisera, toxins and cultures ($395M), and Cars ($391M). Over the past 5 years the exports of Belgium to Poland have increased at an annualized rate of 4.54%, from $6.79B in 2018 to $8.47B in 2023.

In 2020, Belgium exported services to Poland worth $1.22B, with Other business services ($433M), Computer and information services ($312M), and Travel ($203M) being the largest in terms of value.

Comparison: In 2023, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Poland exported $8.05B to Belgium. The main products exported from Poland to Belgium were Electric Batteries ($1.16B), Motor vehicles; parts and accessories (8701 to 8705) ($589M), and Delivery Trucks ($248M). During the last 5 years the exports of Poland to Belgium have increased at an annualized rate of 7.51%, from $5.6B in 2018 to $8.05B in 2023.

In 2018, Belgium exported $8.47B to Poland. The main products exported from Belgium to Poland were Refined Petroleum ($547M), Vaccines, blood, antisera, toxins and cultures ($395M), and Cars ($391M). During the last 5 years the exports of Belgium to Poland have increased at an annualized rate of 4.54%, from $6.79B in 2023 to $8.47B in 2018.

Exports from Poland () to Belgium () (2023)

Exports from Belgium () to Poland () (2023)

Latest Data

Trade between Poland () and Belgium ()

Poland Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$84B

Belgium
Top DestinationFrance$85.6B

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

In 2023, countries that imported more from Poland than Belgium included Germany ($84B), Czechia ($19.3B), and Ukraine ($8.54B).

In 2023, countries that imported more from Belgium than Poland included France ($85.6B), Netherlands ($67.3B), and Italy ($27.7B).

Difference in imports from Belgium () and Poland () (2023)

Comparative Advantage Poland - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Poland had a large net trade with Belgium in the exports of Machines ($2.39B), Transportation ($1.21B), and Chemical Products ($854M).

During 2018, Belgium had a large net trade with Poland in the exports of Chemical Products ($1.53B), Plastics and Rubbers ($1.3B), and Metals ($1.07B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Belgium+$127MCars

Top Product Potential Belgium Poland+$180MRefined 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

Bel Year

Pol Year

In 2020, Poland exported services to Belgium worth $1.27B, with Other business services ($557M), Transportation ($330M), and Construction services ($167M) being the largest in terms of value.

In 2020, Belgium exported services to Poland worth $1.22B, with Other business services ($433M), Computer and information services ($312M), and Travel ($203M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Belgium () (2023)

Exports from Belgium () to Poland () (2023)

Latest Data

Trade between Poland () and Belgium ()

Poland Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Poland () (2023)

Comparative Advantage Poland - Belgium

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Poland () and Belgium () (2023)

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