2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP GROWTH
-1.37%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$3,777CURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP PC GROWTH
-10.8%CURRENT US$
Rnk 164 / 186

About

Belgium-Tunisia Trade: In 2022, Belgium exported $475M to Tunisia. The main products that Belgium exported to Tunisia were Refined Petroleum ($129M), Vaccines, blood, antisera, toxins and cultures ($15.4M), and Packaged Medicaments ($13.3M). Over the past 5 years the exports of Belgium to Tunisia have increased at an annualized rate of 7.17%, from $336M in 2017 to $475M in 2022.

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

Tunisia-Belgium Trade: In 2022, Tunisia exported $315M to Belgium. The main products that Tunisia exported to Belgium were Knit Women's Undergarments ($49.8M), Non-Knit Active Wear ($32.2M), and Refined Petroleum ($28.8M). Over the past 5 years the exports of Tunisia to Belgium have increased at an annualized rate of 10.3%,  from $193M in 2017 to $315M in 2022.

In 2022, Tunisia 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, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $475M to Tunisia. The main products exported from Belgium to Tunisia were Refined Petroleum ($129M), Vaccines, blood, antisera, toxins and cultures ($15.4M), and Packaged Medicaments ($13.3M). During the last 5 years the exports of Belgium to Tunisia have increased at an annualized rate of 7.17%, from $336M in 2017 to $475M in 2022.

In 2017, Tunisia exported $315M to Belgium. The main products exported from Tunisia to Belgium were Knit Women's Undergarments ($49.8M), Non-Knit Active Wear ($32.2M), and Refined Petroleum ($28.8M). During the last 5 years the exports of Tunisia to Belgium have increased at an annualized rate of 10.3%, from $193M in 2022 to $315M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Tunisia
Top Destination
France$4.8B

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

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

In 2022, countries that imported more from Tunisia than Belgium included Malta ($206M), Namibia ($25.9M), and Seychelles ($6.88M).

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

Comparative Advantage Belgium - Tunisia

Flow
Scale

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

During 2022, Belgium had a large net trade with Tunisia in the exports of Mineral Products ($129M), Textiles ($101M), and Chemical Products ($81.6M).

During 2017, Tunisia had a large net trade with Belgium in the exports of Textiles ($178M), Mineral Products ($36.6M), and Machines ($30M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Tunisia+$40.4MRefined Petroleum
Top Product Potential Tunisia Belgium+$22.8MRefined Petroleum

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

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

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

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