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2022
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Exports $3.91BRnk 18 / 222
2022
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Top Product $284MVaccines, blood, antisera, toxins and cultures
2022
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Exports $5.19BRnk 12 / 205
2022
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Top Product $1.15BCars
2022
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Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
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GDP$579BCURRENT US$
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2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH39.3%CURRENT US$
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2022
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GDP PC $49,583CURRENT US$
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2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

Belgium-Czechia In 2022, Belgium exported $3.91B to Czechia. The main products that Belgium exported to Czechia are Vaccines, blood, antisera, toxins and cultures ($284M), Cars ($241M), and Beauty Products ($150M). During the last 23 years the exports of Belgium to Czechia have increased at an annualized rate of 8.23%, from $634M in 1999 to $3.91B in 2022.

In 2020, Belgium exported services to Czechia worth $686M, with Other business services ($305M), Computer and information services ($155M), and Transportation ($97.1M) being the largest in terms of value.

Czechia-Belgium In 2022, Czechia exported $5.19B to Belgium. The main products that Czechia exported to Belgium were Cars ($1.15B), Motor vehicles; parts and accessories (8701 to 8705) ($322M), and Air Conditioners ($253M). During the last 23 years the exports of Czechia to Belgium have increased at an annualized rate of 10.2%, from $557M in 1999 to $5.19B in 2022.

In 2019, Czechia exported services to Belgium worth $726M, with Transportation ($316M), Other business services ($276M), and Travel ($59.3M) being the largest in terms of value.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Latest Trends

January, 2024

About

Overview In January 2024, Belgium exported €280M and imported €350M from Czechia, resulting in a negative trade balance of €69.4M. Between January 2023 and January 2024 the exports of Belgium have decreased by €-19.1M (-6.37%) from €299M to €280M, while imports decreased by €-13.6M (-3.76%) from €363M to €350M.

Trade In January 2024, the top exports of Belgium to Czechia were Plastics & articles thereof (€41.1M), Cars, tractors, trucks & parts thereof. (€40.3M), Pharmaceutical products (€38.9M), Machinery, mechanical appliances, & parts (€25.9M), and Electrical machinery and electronics (€17.6M). In January 2024 the top imports of Belgium from Czechia were Cars, tractors, trucks & parts thereof. (€128M), Machinery, mechanical appliances, & parts (€78.8M), Electrical machinery and electronics (€25.8M), Perfumery & cosmetics (€15.8M), and Iron or steel articles (€14.6M).

Growth In January 2024, the decrease in Belgium's year-by-year exports to Czechia was explained primarily by an decrease in product exports in Iron & steel (€-15.2M or -49.9%), Pharmaceutical products (€-12.4M or -24.1%), and Copper articles (€-2.59M or -98.4%). In January 2024, the decrease in Belgium's year-by-year imports  from Czechia was explained primarily by an decrease in product imports  in Precious stones, metals, & pearls (€-695k or -82.4%), Furniture, bedding, lamps, & prefab buildings (€-595k or -7.44%), and Inorganic chemicals (€-547k or -55.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-19.1M(-6.37%)
IMPORT GROWTH (January 2023 - January 2024)€-13.6M(-3.76%)

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 Czechia and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $3.91B to Czechia. The main products exported from Belgium to Czechia were Vaccines, blood, antisera, toxins and cultures ($284M), Cars ($241M), and Beauty Products ($150M). During the last 23 years the exports of Belgium to Czechia have increased at an annualized rate of 8.23%, from $634M in 1999 to $3.91B in 2022.

In 2022, Czechia exported $5.19B to Belgium. The main products exported from Czechia to Belgium were Cars ($1.15B), Motor vehicles; parts and accessories (8701 to 8705) ($322M), and Air Conditioners ($253M). During the last 23 years the exports of Czechia to Belgium have increased at an annualized rate of 10.2%, from $557M in 1999 to $5.19B in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Czechia
Top DestinationGermany$75.3B

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

In 2021, countries that imported more from Belgium than Czechia were France ($71.1B), Netherlands ($65.7B), and United States ($29B).

In 2021, countries that imported more from Czechia than Belgium were Slovakia ($19.7B), Austria ($10.9B), and Poland ($16.2B).

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

Comparative Advantage Belgium - Czechia

Flow
Scale

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

During 2022, Belgium had a large net trade with Czechia in the exports of Chemical Products ($975M), Plastics and Rubbers ($615M), and Machines ($467M).

During 2022, Czechia had a large net trade with Belgium in the exports of Machines ($1.55B), Transportation ($1.51B), and Metals ($383M).

Service Trade

Bilateral Service Trade

In 2020, Belgium exported services to Czechia worth $686M, with Other business services ($305M), Computer and information services ($155M), and Transportation ($97.1M) being the largest in terms of value.

In 2019, Czechia exported services to Belgium worth $726M, with Transportation ($316M), Other business services ($276M), and Travel ($59.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Czechia (Flag) to Belgium (Flag) (2019)

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 Czechia. Similarly, the more yellow a dot/product is, the more Czechia has comparative advantage over Belgium.

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

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