2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$30BCURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP GROWTH
113%CURRENT US$
Rnk 10 / 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
$1,787CURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP PC GROWTH
88%CURRENT US$
Rnk 12 / 186

About

Belgium-Cambodia Trade: In 2022, Belgium exported $129M to Cambodia. The main products that Belgium exported to Cambodia were Diamonds ($82.5M), Animal Meal and Pellets ($11.8M), and Vaccines, blood, antisera, toxins and cultures ($9.19M). Over the past 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 17%, from $58.7M in 2017 to $129M in 2022.

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

Cambodia-Belgium Trade: In 2022, Cambodia exported $447M to Belgium. The main products that Cambodia exported to Belgium were Knit Men's Suits ($116M), Knit Sweaters ($86.2M), and Knit Men's Coats ($51.4M). Over the past 5 years the exports of Cambodia to Belgium have increased at an annualized rate of 17.1%,  from $203M in 2017 to $447M in 2022.

In 2022, Cambodia 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, Cambodia ranked 92 in the Economic Complexity Index (ECI -0.6), and 69 in total exports ($35.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $129M to Cambodia. The main products exported from Belgium to Cambodia were Diamonds ($82.5M), Animal Meal and Pellets ($11.8M), and Vaccines, blood, antisera, toxins and cultures ($9.19M). During the last 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 17%, from $58.7M in 2017 to $129M in 2022.

In 2017, Cambodia exported $447M to Belgium. The main products exported from Cambodia to Belgium were Knit Men's Suits ($116M), Knit Sweaters ($86.2M), and Knit Men's Coats ($51.4M). During the last 5 years the exports of Cambodia to Belgium have increased at an annualized rate of 17.1%, from $203M in 2022 to $447M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Cambodia
Top Destination
United States$13B

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

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

In 2022, countries that imported more from Cambodia than Belgium included Vietnam ($3.67B), Thailand ($1.11B), and Northern Mariana Islands ($37.6k).

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

Comparative Advantage Belgium - Cambodia

Flow
Scale

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

During 2022, Belgium had a large net trade with Cambodia in the exports of Precious Metals ($82.5M), Foodstuffs ($13.5M), and Chemical Products ($11.1M).

During 2017, Cambodia had a large net trade with Belgium in the exports of Textiles ($397M), Vegetable Products ($13.2M), and Animal Hides ($10.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Cambodia+$8.02MCars
Top Product Potential Cambodia Belgium+$20.2MKnit Sweaters

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 Cambodia. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Cambodia. Similarly, a dot/product with the flag of Cambodia indicates it has a comparative advantage over Belgium.

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

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