Belgium-Russia In 2022, Belgium exported $2.68B to Russia. The main products that Belgium exported to Russia are Packaged Medicaments ($825M), Vaccines, blood, antisera, toxins and cultures ($422M), and Medical Instruments ($116M). During the last 23 years the exports of Belgium to Russia have increased at an annualized rate of 5.94%, from $713M in 1999 to $2.68B in 2022.
In 2020, Belgium exported services to Russia worth $321M, with Other business services ($185M), Transportation ($51.4M), and Royalties and license fees ($24M) being the largest in terms of value.
Russia-Belgium In 2022, Russia exported $9.99B to Belgium. The main products that Russia exported to Belgium were Refined Petroleum ($3.99B), Petroleum Gas ($2.2B), and Diamonds ($1.46B). During the last 23 years the exports of Russia to Belgium have increased at an annualized rate of 9.88%, from $1.15B in 1999 to $9.99B in 2022.
In 2020, Russia exported services to Belgium worth $532M, with Other business services ($232M), Transportation ($227M), and Computer and information services ($24.5M) being the largest in terms of value.
Comparison In 2022, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).