Qatar (QAT) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Qatar-Belgium Trade: In 2022, Qatar exported $5.51B to Belgium. The main products that Qatar exported to Belgium were Petroleum Gas ($5.37B), Ethylene Polymers ($53.8M), and Acyclic Hydrocarbons ($44.1M). Over the past 5 years the exports of Qatar to Belgium have increased at an annualized rate of 55.3%, from $611M in 2017 to $5.51B in 2022.

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

Belgium-Qatar Trade: In 2022, Belgium exported $348M to Qatar. The main products that Belgium exported to Qatar were Vaccines, blood, antisera, toxins and cultures ($64.6M), Packaged Medicaments ($41.5M), and Gas Turbines ($20.9M). Over the past 5 years the exports of Belgium to Qatar have decreased at an annualized rate of 0.096%, from $350M in 2017 to $348M in 2022.

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

Comparison: In 2022, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Qatar exported $5.51B to Belgium. The main products exported from Qatar to Belgium were Petroleum Gas ($5.37B), Ethylene Polymers ($53.8M), and Acyclic Hydrocarbons ($44.1M). During the last 5 years the exports of Qatar to Belgium have increased at an annualized rate of 55.3%, from $611M in 2017 to $5.51B in 2022.

In 2017, Belgium exported $348M to Qatar. The main products exported from Belgium to Qatar were Vaccines, blood, antisera, toxins and cultures ($64.6M), Packaged Medicaments ($41.5M), and Gas Turbines ($20.9M). During the last 5 years the exports of Belgium to Qatar have decreased at an annualized rate of 0.096%, from $350M in 2022 to $348M in 2017.

Exports from Qatar () to Belgium () (2022)

Exports from Belgium () to Qatar () (2022)

Latest Data

Trade between Qatar () and Belgium ()

Qatar Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$21.1B

Belgium
Top DestinationGermany$91.9B

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

In 2022, countries that imported more from Qatar than Belgium included China ($21.1B), India ($17.4B), and South Korea ($10.6B).

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

Difference in imports from Belgium () and Qatar () (2022)

Comparative Advantage Qatar - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Qatar had a large net trade with Belgium in the exports of Mineral Products ($5.38B), Chemical Products ($65M), and Plastics and Rubbers ($53.9M).

During 2017, Belgium had a large net trade with Qatar in the exports of Chemical Products ($145M), Machines ($52.6M), and Foodstuffs ($28M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Belgium+$21.8MRefined Petroleum

Top Product Potential Belgium Qatar+$17MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Belgium () (2022)

Exports from Belgium () to Qatar () (2022)

Latest Data

Trade between Qatar () and Belgium ()

Qatar Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Qatar () (2022)

Comparative Advantage Qatar - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Belgium () (2022)

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