Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Flag → Flag
Exports $6.01BRnk 14 / 222
2022
Flag → Flag
Top Product $698MPackaged Medicaments
2022
Flag → Flag
Exports $30.5BRnk 29 / 211
2022
Flag → Flag
Top Product $5.47BCars
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Belgium-China In 2022, Belgium exported $6.01B to China. The main products that Belgium exported to China are Packaged Medicaments ($698M), Vaccines, blood, antisera, toxins and cultures ($333M), and Orthopedic Appliances ($282M). During the last 23 years the exports of Belgium to China have increased at an annualized rate of 7.82%, from $1.06B in 1999 to $6.01B in 2022.

In 2020, Belgium exported services to China worth $1.35B, with Other business services ($464M), Transportation ($460M), and Royalties and license fees ($172M) being the largest in terms of value.

China-Belgium In 2022, China exported $30.5B to Belgium. The main products that China exported to Belgium were Cars ($5.47B), Large Construction Vehicles ($997M), and Broadcasting Equipment ($918M). During the last 23 years the exports of China to Belgium have increased at an annualized rate of 11.2%, from $2.66B in 1999 to $30.5B in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Latest Trends

January, 2024

About

Overview In January 2024, Belgium exported €623M and imported €1.01B from China, resulting in a negative trade balance of €383M. Between January 2023 and January 2024 the exports of Belgium have decreased by €-18.8M (-2.94%) from €642M to €623M, while imports decreased by €-485M (-32.6%) from €1.49B to €1.01B.

Trade In January 2024, the top exports of Belgium to China were Pharmaceutical products (€348M), Machinery, mechanical appliances, & parts (€63.8M), Electrical machinery and electronics (€34.2M), Optical, photo, & film equipment; medical... (€31.4M), and Plastics & articles thereof (€23M). In January 2024 the top imports of Belgium from China were Electrical machinery and electronics (€411M), Machinery, mechanical appliances, & parts (€216M), Organic chemicals (€142M), Cars, tractors, trucks & parts thereof. (€141M), and Plastics & articles thereof (€85.2M).

Growth In January 2024, the decrease in Belgium's year-by-year exports to China was explained primarily by an decrease in product exports in Copper articles (€-58M or -91.5%), Plastics & articles thereof (€-31.8M or -58%), and Optical, photo, & film equipment; medical... (€-23.3M or -42.6%). In January 2024, the decrease in Belgium's year-by-year imports  from China was explained primarily by an decrease in product imports  in Furniture, bedding, lamps, & prefab buildings (€-41.6M or -49.1%), Iron or steel articles (€-15.8M or -30.6%), and Chemical products n.e.s. (€-12.6M or -56.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-18.8M(-2.94%)
IMPORT GROWTH (January 2023 - January 2024)€-485M(-32.6%)

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 China and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore China and Belgium Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $6.01B to China. The main products exported from Belgium to China were Packaged Medicaments ($698M), Vaccines, blood, antisera, toxins and cultures ($333M), and Orthopedic Appliances ($282M). During the last 23 years the exports of Belgium to China have increased at an annualized rate of 7.82%, from $1.06B in 1999 to $6.01B in 2022.

In 2022, China exported $30.5B to Belgium. The main products exported from China to Belgium were Cars ($5.47B), Large Construction Vehicles ($997M), and Broadcasting Equipment ($918M). During the last 23 years the exports of China to Belgium have increased at an annualized rate of 11.2%, from $2.66B in 1999 to $30.5B in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
China
Top DestinationUnited States$551B

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

In 2021, countries that imported more from Belgium than China were France ($71.1B), Luxembourg ($7.67B), and Botswana ($397M).

In 2021, countries that imported more from China than Belgium were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Belgium - China

Flow
Scale

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

During 2022, Belgium had a large net trade with China in the exports of Chemical Products ($2.11B), Machines ($925M), and Plastics and Rubbers ($646M).

During 2022, China had a large net trade with Belgium in the exports of Machines ($8.62B), Transportation ($6.56B), and Chemical Products ($3.38B).

Service Trade

Bilateral Service Trade

In 2020, Belgium exported services to China worth $1.35B, with Other business services ($464M), Transportation ($460M), and Royalties and license fees ($172M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to China (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 China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Belgium.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms