Wallis and Futuna Isds-Belgium Bilateral Trade Analysis 2023
Complete trade statistics: $392,605 total volume •Wallis and Futuna Isds deficit: $271,263
Wallis and Futuna Isds → Belgium
$60,671
Exports (2023)
Belgium → Wallis and Futuna Isds
$331,934
Imports (2023)
Trade Balance
$271,263
Deficit for Wallis and Futuna Isds
Total Trade
$392,605
Combined Volume
Trade Flow Visualization
Direct trade relationship between Wallis and Futuna Isds and Belgium. Green line shows exports from Wallis and Futuna Isds, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Wallis and Futuna Isds-Belgium commercial relationship and competitive positioning in global markets.
Wallis and Futuna Isds → Belgium Exports
Export Market Intelligence
🎯 Strategic Export Focus
Wallis and Futuna Isds's export portfolio to Belgium demonstrates strategic specialization, with semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of chapter 37 representing a key competitive advantage in this bilateral market.
Belgium → Wallis and Futuna Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
Wallis and Futuna Isds's import pattern from Belgium reveals significant dependencyin machinery: for filtering or purifying water, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Wallis and Futuna Isds demonstrates competitive strength in exportingsemiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of chapter 37 to Belgium, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $392,605 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Wallis and Futuna Isds-Belgium Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $392.61 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Wallis and Futuna Isds maintains a deficit of $271.26 thousand
- Export Focus: Wallis and Futuna Isds's primary exports include semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of chapter 37, cast iron: table, kitchen and other household articles and parts thereof, of cast iron, enamelled, gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber
- Import Dependencies: Key imports from Belgium include machinery: for filtering or purifying water, vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1, instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $392,605 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Wallis and Futuna Isds leveraging its comparative advantages in semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of chapter 37.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Wallis and Futuna Isds's specialization in semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of chapter 37complements Belgium's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in machinery: for filtering or purifying water.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $392,605 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $392,605 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $392.61 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of chapter 37 and machinery: for filtering or purifying water demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Wallis and Futuna Isds's trade deficit of $271.26 thousand impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Wallis and Futuna Isds and Belgium represents a total trade volume of $392.61 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Wallis and Futuna Isds, with imports exceeding exportsby $271.26 thousand.
Export Strengths
Wallis and Futuna Isds's exports to Belgium total $60.67 thousand, with competitive advantages in semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of chapter 37, representing $59,616 or98.3% of bilateral exports.
Import Dependencies
Imports from Belgium amount to $331.93 thousand, highlighting economic interdependence in machinery: for filtering or purifying water, with Machinery: for filtering or purifying water comprising23.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Wallis and Futuna Isds's strategic sourcing from Belgium. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Wallis and Futuna Isds and Belgium in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023