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2022
Flag → Flag
Exports $71.1BRnk 2 / 222
2022
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Top Product $11.1BPetroleum Gas
2022
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Exports $47.8BRnk 4 / 219
2022
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Top Product $3.39BCars
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI 1.31Rnk 14 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
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GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$40,964CURRENT US$
Rnk 26 / 186
2012-2022
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GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Belgium-France In 2022, Belgium exported $71.1B to France. The main products that Belgium exported to France are Petroleum Gas ($11.1B), Refined Petroleum ($3.29B), and Electricity ($3.21B). During the last 23 years the exports of Belgium to France have increased at an annualized rate of 4.15%, from $27.9B in 1999 to $71.1B in 2022.

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.

France-Belgium In 2022, France exported $47.8B to Belgium. The main products that France exported to Belgium were Cars ($3.39B), Vaccines, blood, antisera, toxins and cultures ($2.72B), and Integrated Circuits ($2.67B). During the last 23 years the exports of France to Belgium have increased at an annualized rate of 3.54%, from $21.5B in 1999 to $47.8B in 2022.

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.

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, France ranked 14 in the Economic Complexity Index (ECI 1.31), and 8 in total exports ($608B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €3.1B and imported €3.22B from France, resulting in a negative trade balance of €119M. Between December 2022 and December 2023 the exports of Belgium have decreased by €-1.26B (-28.9%) from €4.36B to €3.1B, while imports decreased by €-1.11B (-25.6%) from €4.33B to €3.22B.

Trade In December 2023, the top exports of Belgium to France were Mineral fuels, mineral oils and products... (€521M), Pharmaceutical products (€337M), Cars, tractors, trucks & parts thereof. (€328M), Machinery, mechanical appliances, & parts (€289M), and Iron & steel (€280M). In December 2023 the top imports of Belgium from France were Mineral fuels, mineral oils and products... (€531M), Cars, tractors, trucks & parts thereof. (€459M), Electrical machinery and electronics (€372M), Pharmaceutical products (€275M), and Machinery, mechanical appliances, & parts (€172M).

Growth In December 2023, the decrease in Belgium's year-by-year exports to France was explained primarily by an decrease in product exports in Pharmaceutical products (€-119M or -26.1%), Organic chemicals (€-71.5M or -42.5%), and Iron & steel (€-27.7M or -9.01%). In December 2023, the decrease in Belgium's year-by-year imports  from France was explained primarily by an decrease in product imports  in Iron & steel (€-90.6M or -38.9%), Mineral fuels, mineral oils and products... (€-79.4M or -13%), and Pharmaceutical products (€-32.8M or -10.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-1.26B(-28.9%)
IMPORT GROWTH (December 2022 - December 2023)€-1.11B(-25.6%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check France and Belgium trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $71.1B to France. The main products exported from Belgium to France were Petroleum Gas ($11.1B), Refined Petroleum ($3.29B), and Electricity ($3.21B). During the last 23 years the exports of Belgium to France have increased at an annualized rate of 4.15%, from $27.9B in 1999 to $71.1B in 2022.

In 2022, France exported $47.8B to Belgium. The main products exported from France to Belgium were Cars ($3.39B), Vaccines, blood, antisera, toxins and cultures ($2.72B), and Integrated Circuits ($2.67B). During the last 23 years the exports of France to Belgium have increased at an annualized rate of 3.54%, from $21.5B in 1999 to $47.8B in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
France
Top DestinationGermany$78.3B

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

In 2021, countries that imported more from Belgium than France were Netherlands ($65.7B), Germany ($91.9B), and Nigeria ($7.72B).

In 2021, countries that imported more from France than Belgium were Spain ($46.4B), Italy ($56.4B), and United States ($50B).

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

Comparative Advantage Belgium - France

Flow
Scale

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

During 2022, Belgium had a large net trade with France in the exports of Mineral Products ($18.4B), Chemical Products ($11.8B), and Metals ($7.25B).

During 2022, France had a large net trade with Belgium in the exports of Chemical Products ($9.25B), Machines ($6.74B), and Transportation ($5.7B).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over France. Similarly, the more yellow a dot/product is, the more France has comparative advantage over Belgium.

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

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