Flag Ireland / Belgium Flag

2019
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Exports
: $19B, Rnk 2 / 204

2019
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Top Product
: $7.5B, Blood, antisera, vaccines, toxins and cultures

2019
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Exports
: $2.69B, Rnk 26 / 219

2019
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Top Product
: $329M, Cars

2019
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Economic Complexity (ECI)
: ECI 1.32, Rnk 19 / 146

2019
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Economic Complexity (ECI)
: ECI 1.34, Rnk 18 / 146

2019
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GDP
: $389B, CURRENT US$
Rnk 31 / 187

2009-2019
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GDP GROWTH
: 64.5%, CURRENT US$
Rnk 70 / 187

2019
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 GDP
: $533B, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 161 / 187

2019
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GDP PC 
: $78,661, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP PC GROWTH
: 51%, CURRENT US$
Rnk 56 / 187

2019
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GDP PC
: $46,421, CURRENT US$
Rnk 19 / 187

2009-2019
Flag
GDP PC GROWTH
: 4.12%, CURRENT US$
Rnk 147 / 187

Ireland-Belgium In 2019, Ireland exported $19B to Belgium. The main products that Ireland exported to Belgium are Blood, antisera, vaccines, toxins and cultures ($7.5B), Nitrogen Heterocyclic Compounds ($7.08B), and Packaged Medicaments ($1.64B). During the last 20 years the exports of Ireland to Belgium have increased at an annualized rate of 8.46%, from $3.74B in 1999 to $19B in 2019.

In 2018, Ireland exported services to Belgium worth $1.31B, with Other business services ($562M), Financial services ($234M), and Transportation ($217M) being the largest in terms of value.

Belgium-Ireland In 2019, Belgium exported $2.69B to Ireland . The main products that Belgium exported to Ireland were Cars ($329M), Blood, antisera, vaccines, toxins and cultures ($311M), and Packaged Medicaments ($130M). During the last 20 years the exports of Belgium to Ireland have increased at an annualized rate of 4.26%, from $1.17B in 1999 to $2.69B in 2019.

In 2018, Belgium exported services to Ireland worth $3.53B, with Other business services ($1.4B), Computer and information services ($954M), and Transportation ($434M) being the largest in terms of value.

Comparison In 2019,  Ireland ranked 19 in the Economic Complexity Index (ECI 1.32), and 28 in total exports ($190B). That same year, Belgium ranked 18 in the Economic Complexity Index (ECI 1.34), and 12 in total exports ($411B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Ireland exported $19B to Belgium. The main products exported from Ireland to Belgium were Blood, antisera, vaccines, toxins and cultures ($7.5B), Nitrogen Heterocyclic Compounds ($7.08B), and Packaged Medicaments ($1.64B). During the last 20 years the exports of Ireland to Belgium have increased at an annualized rate of 8.46%, from $3.74B in 1999 to $19B in 2019.

In 2019, Belgium exported $2.69B to Ireland. The main products exported from Belgium to Ireland were Cars ($329M), Blood, antisera, vaccines, toxins and cultures ($311M), and Packaged Medicaments ($130M). During the last 20 years the exports of Belgium to Ireland have increased at an annualized rate of 4.26%, from $1.17B in 1999 to $2.69B in 2019.

Ireland Exports

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Belgium Exports

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Market Competitiveness

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Measure

Ireland
Top Destination
: United States, $53.7B

Belgium
Top Destination
: Germany, $68.9B

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

In 2019, countries that imported more from Ireland than Belgium were United States ($53.7B), China ($10.2B), and Japan ($5.76B).

In 2019, countries that imported more from Belgium than Ireland were Germany ($68.9B), France ($55.6B), and Netherlands ($53.1B).

Comparative Advantage Ireland - Belgium

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Depth

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

During 2019, Ireland had a large net trade with Belgium in the exports of Chemical Products ($17.7B), Instruments ($421M), and Machines ($295M).

During 2019, Belgium had a large net trade with Ireland in the exports of Chemical Products ($1.06B), Transportation ($393M), and Machines ($215M).

Bilateral Service Trade

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In 2018, Ireland exported services to Belgium worth $1.31B, with Other business services ($562M), Financial services ($234M), and Transportation ($217M) being the largest in terms of value.

In 2018, Belgium exported services to Ireland worth $3.53B, with Other business services ($1.4B), Computer and information services ($954M), and Transportation ($434M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Ireland has comparative advantage over Belgium. Similarly, the more red a dot/product is, the more Belgium has comparative advantage over Ireland.