2022
Flag  
GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Japan-Belgium In 2022, Japan exported $6.8B to Belgium. The main products that Japan exported to Belgium are Motor vehicles; parts and accessories (8701 to 8705) ($1.48B), Cars ($1.19B), and Medical Instruments ($285M). During the last 23 years the exports of Japan to Belgium have increased at an annualized rate of 1.39%, from $4.95B in 1999 to $6.8B in 2022.

In 2009, Japan exported services to Belgium worth $4.62B, with Services not allocated ($2.31B), Other business services ($1.64B), and Royalties and license fees ($337M) being the largest in terms of value.

Belgium-Japan In 2022, Belgium exported $8.82B to Japan. The main products that Belgium exported to Japan were Vaccines, blood, antisera, toxins and cultures ($6.02B), Packaged Medicaments ($615M), and Cars ($266M). During the last 23 years the exports of Belgium to Japan have increased at an annualized rate of 6.59%, from $2.04B in 1999 to $8.82B in 2022.

In 2020, Belgium exported services to Japan worth $1.08B, with Other business services ($535M), Royalties and license fees ($234M), and Transportation ($167M) being the largest in terms of value.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $6.8B to Belgium. The main products exported from Japan to Belgium were Motor vehicles; parts and accessories (8701 to 8705) ($1.48B), Cars ($1.19B), and Medical Instruments ($285M). During the last 23 years the exports of Japan to Belgium have increased at an annualized rate of 1.39%, from $4.95B in 1999 to $6.8B in 2022.

In 2022, Belgium exported $8.82B to Japan. The main products exported from Belgium to Japan were Vaccines, blood, antisera, toxins and cultures ($6.02B), Packaged Medicaments ($615M), and Cars ($266M). During the last 23 years the exports of Belgium to Japan have increased at an annualized rate of 6.59%, from $2.04B in 1999 to $8.82B in 2022.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Belgium
Top Destination
Germany$91.9B

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

In 2021, countries that imported more from Japan than Belgium were China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

In 2021, countries that imported more from Belgium than Japan were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Japan - Belgium

Flow
Scale

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

During 2022, Japan had a large net trade with Belgium in the exports of Transportation ($2.9B), Machines ($1.49B), and Chemical Products ($692M).

During 2022, Belgium had a large net trade with Japan in the exports of Chemical Products ($7.16B), Transportation ($331M), and Machines ($260M).

Service Trade

Bilateral Service Trade

In 2009, Japan exported services to Belgium worth $4.62B, with Services not allocated ($2.31B), Other business services ($1.64B), and Royalties and license fees ($337M) being the largest in terms of value.

In 2020, Belgium exported services to Japan worth $1.08B, with Other business services ($535M), Royalties and license fees ($234M), and Transportation ($167M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan (Flag) to Belgium (Flag) (2009)

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

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

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