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ExportsIreland-Belgium Trade: In 2023, Ireland exported $18.7B to Belgium. The main products that Ireland exported to Belgium were Vaccines, blood, antisera, toxins and cultures ($7.57B), Nitrogen Heterocyclic Compounds ($3.95B), and Unpackaged Medicaments ($2.68B). Over the past 5 years the exports of Ireland to Belgium have decreased at an annualized rate of 0.12%, from $18.9B in 2018 to $18.7B in 2023.
In 2020, Ireland exported services to Belgium worth $2.19B, with Other business services ($1.52B), Insurance services ($275M), and Financial services ($273M) being the largest in terms of value.
Belgium-Ireland Trade: In 2023, Belgium exported $2.89B to Ireland. The main products that Belgium exported to Ireland were Vaccines, blood, antisera, toxins and cultures ($403M), Refined Petroleum ($266M), and Packaged Medicaments ($185M). Over the past 5 years the exports of Belgium to Ireland have increased at an annualized rate of 6.64%, from $2.1B in 2018 to $2.89B in 2023.
In 2020, Belgium exported services to Ireland worth $5.18B, with Other business services ($3.38B), Computer and information services ($793M), and Royalties and license fees ($346M) being the largest in terms of value.
Comparison: In 2023, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).
