Overview In June 2021 Ireland exported €761M and imported €196M from Belgium, resulting in a positive trade balance of €565M. Between June 2020 and June 2021 the exports of Ireland have decreased by €-1.04B (-57.7%) from €1.8B to €761M, while imports increased by €75.6M (62.7%) from €121M to €196M.
Trade In June 2021, the top exports of Ireland to Belgium were Medicinal and pharmaceutical products (€536M), Organic chemicals (€102M), Miscellaneous manufactured articles, n.e.s. (€20.7M), Professional, scientific and controlling apparatus (€19.5M), and Dairy products and birds eggs (€14.9M). In June 2021 the top imports of Ireland from Belgium were Organic chemicals (€63.3M), Medicinal and pharmaceutical products (€43.6M), Plastics in primary forms (€10.9M), Miscellaneous manufactured articles, n.e.s. (€6.42M), and Vegetables and fruit (€5.32M).
Growth In June 2021, the decrease in Ireland's year-by-year exports to Belgium was explained primarily by an decrease in product exports in Medicinal and pharmaceutical products (€-1.06B or -66.4%), Petroleum, petroleum products and related materials (€-9.8M or -99.8%), and Inorganic chemicals (€-9.34M or -98.4%). In June 2021, the increase in Ireland's year-by-year imports from Belgium was explained primarily by an increase in product imports in Organic chemicals (€46.2M or 271%), Medicinal and pharmaceutical products (€12.5M or 40.4%), and Plastics in primary forms (€4.33M or 66.3%).