Italy vs Belgium: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

ItalyMetricBelgium
$651.33BTotal exports$432.32B
$635.96BTotal imports$471.62B
$15.36BTrade balance$-39.30B
$1.29TTotal trade volume$903.93B
#5Global export rank#14
#9Global import rank#14

Direct trade between Italy and Belgium

ItalyBelgium
$19.94B
BelgiumItaly
$27.35B

Italy top exports

  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$28.67B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$21.07B
  • of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof$10.43B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc$7.20B
  • handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather$6.17B

Belgium top exports

  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$34.87B
  • in gaseous state, natural gas$31.06B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$20.24B
  • for human medicine$15.40B
  • with only electric motor for propulsion$10.51B

Shared top trade partners

Both countries appear as major export destinations for 8 of the same partners:

FranceNetherlandsGermanyUSAUnited KingdomSpainPolandChina