North Korea (PRK) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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North Korea-Belgium Trade: In 2022, North Korea exported $146k to Belgium. The main products that North Korea exported to Belgium were Oscilloscopes ($83.4k), Other Measuring Instruments ($59.3k), and Thermostats ($955). Over the past 6 years the exports of North Korea to Belgium have increased at an annualized rate of 142%, from $719 in 2016 to $146k in 2022.

In 2022, North Korea did not export any services to Belgium.

Belgium-North Korea Trade: In 2022, Belgium exported $113k to North Korea. The main products that Belgium exported to North Korea were Packaged Medicaments ($113k) and Medical Instruments ($18). Over the past 6 years the exports of Belgium to North Korea have decreased at an annualized rate of 2.67%, from $129k in 2016 to $113k in 2022.

In 2022, Belgium did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M), 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, North Korea exported $146k to Belgium. The main products exported from North Korea to Belgium were Oscilloscopes ($83.4k), Other Measuring Instruments ($59.3k), and Thermostats ($955). During the last 6 years the exports of North Korea to Belgium have increased at an annualized rate of 142%, from $719 in 2016 to $146k in 2022.

In 2017, Belgium exported $113k to North Korea. The main products exported from Belgium to North Korea were Packaged Medicaments ($113k) and Medical Instruments ($18). During the last 5 years the exports of Belgium to North Korea have decreased at an annualized rate of 2.67%, from $129k in 2022 to $113k in 2017.

Exports from North Korea () to Belgium () (2022)

Exports from Belgium () to North Korea () (2022)

Latest Data

Trade between North Korea () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Belgium
Top DestinationGermany$91.9B

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

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

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

Difference in imports from Belgium () and North Korea () (2022)

Comparative Advantage North Korea - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Korea had a large net trade with Belgium in the exports of Instruments ($144k), Paper Goods ($914), and Plastics and Rubbers ($678).

During 2017, Belgium had a large net trade with North Korea in the exports of Chemical Products ($113k) and Instruments ($18).

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

About

Historical Data

Bilateral Trade by Products

Exports from North Korea () to Belgium () (2022)

Exports from Belgium () to North Korea () (2022)

Latest Data

Trade between North Korea () and Belgium ()

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and North Korea () (2022)

Comparative Advantage North Korea - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Belgium () (2022)

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