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ExportsIreland-Belgium Trade: In 2022, Ireland exported $17B to Belgium. The main products that Ireland exported to Belgium were Vaccines, blood, antisera, toxins and cultures ($9.85B), Nitrogen Heterocyclic Compounds ($3.23B), and Sulfonamides ($858M). Over the past 5 years the exports of Ireland to Belgium have increased at an annualized rate of 3.3%, from $14.5B in 2017 to $17B in 2022.
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 2022, Belgium exported $2.88B to Ireland. The main products that Belgium exported to Ireland were Cars ($399M), Vaccines, blood, antisera, toxins and cultures ($285M), and Packaged Medicaments ($172M). Over the past 5 years the exports of Belgium to Ireland have increased at an annualized rate of 9.79%, from $1.81B in 2017 to $2.88B in 2022.
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 2022, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).
