Macau (MAC) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Macau-Belgium Trade: In 2022, Macau exported $5.68M to Belgium. The main products that Macau exported to Belgium were Precious Metal Scraps ($4.35M), Scrap Copper ($625k), and Cobalt ($447k). Over the past 5 years the exports of Macau to Belgium have increased at an annualized rate of 30.1%, from $1.53M in 2017 to $5.68M in 2022.

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

Belgium-Macau Trade: In 2022, Belgium exported $16.7M to Macau. The main products that Belgium exported to Macau were Perfumes ($2.75M), Hard Liquor ($2.18M), and Trunks and Cases ($1.79M). Over the past 5 years the exports of Belgium to Macau have increased at an annualized rate of 2.22%, from $13.1M in 2017 to $16.7M in 2022.

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

Comparison In 2022, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index. 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, Macau exported $5.68M to Belgium. The main products exported from Macau to Belgium were Precious Metal Scraps ($4.35M), Scrap Copper ($625k), and Cobalt ($447k). During the last 5 years the exports of Macau to Belgium have increased at an annualized rate of 30.1%, from $1.53M in 2017 to $5.68M in 2022.

In 2017, Belgium exported $16.7M to Macau. The main products exported from Belgium to Macau were Perfumes ($2.75M), Hard Liquor ($2.18M), and Trunks and Cases ($1.79M). During the last 5 years the exports of Belgium to Macau have increased at an annualized rate of 2.22%, from $13.1M in 2022 to $16.7M in 2017.

Exports from Macau () to Belgium () (2022)

Exports from Belgium () to Macau () (2022)

Latest Data

Trade between Macau () and Belgium ()

Macau Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Macau
Top DestinationHong Kong$1.22B

Belgium
Top DestinationGermany$91.9B

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

In 2022, no countries were registered that imported more from Macau than from Belgium.

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

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

Comparative Advantage Macau - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Macau had a large net trade with Belgium in the exports of Precious Metals ($4.35M), Metals ($1.07M), and Chemical Products ($95.9k).

During 2017, Belgium had a large net trade with Macau in the exports of Chemical Products ($5.83M), Foodstuffs ($3.76M), and Animal Hides ($1.85M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Macau () to Belgium () (2022)

Exports from Belgium () to Macau () (2022)

Latest Data

Trade between Macau () and Belgium ()

Macau Exports

Belgium Exports

Market Competitiveness

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

Comparative Advantage Macau - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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