2022
Flag  
GDP
$60.3MCURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP GROWTH
53.4%CURRENT US$
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2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
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2022
Flag
GDP PC 
$5,335CURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP PC GROWTH
47.2%CURRENT US$
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2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Tuvalu-Belgium Trade: In 2022, Tuvalu exported $16 to Belgium. The main products that Tuvalu exported to Belgium were Low-voltage Protection Equipment ($12) and Synthetic Rubber ($4). Over the past 6 years the exports of Tuvalu to Belgium have decreased at an annualized rate of 44.2%, from $530 in 2016 to $16 in 2022.

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

Belgium-Tuvalu In N/A, Belgium did not export any products to Tuvalu.

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

Comparison In 2022,  Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Tuvalu exported $16 to Belgium. The main products exported from Tuvalu to Belgium were Low-voltage Protection Equipment ($12) and Synthetic Rubber ($4). During the last 6 years the exports of Tuvalu to Belgium have decreased at an annualized rate of 44.2%, from $530 in 2016 to $16 in 2022.

Belgium does not register exports to Tuvalu. The main products exported from Belgium to Tuvalu were Vaccines, blood, antisera, toxins and cultures ($71.1k).

Exports from Tuvalu (Flag) to Belgium (Flag) (2022)

Exports from Belgium (Flag) to Tuvalu (Flag) (2022)

Latest Data

Trade between Tuvalu (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Tuvalu
Top Destination
Thailand$50M
Belgium
Top Destination
Germany$91.9B

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

In 2022, no countries were registered that imported more from Tuvalu than from Belgium.

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

Difference in imports from Belgium (Flag) and Tuvalu (Flag) (2022)

Comparative Advantage Tuvalu - Belgium

Flow
Scale

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

During 2022, Tuvalu had a large net trade with Belgium in the exports of Machines ($12) and Plastics and Rubbers ($4).

Economic Complexity

Competitive Landscape

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

Product Space of Tuvalu (Flag) and Belgium (Flag) (2022)

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