Palestine (PSE) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Palestine-Belgium Trade: In 2022, Palestine exported $329k to Belgium. The main products that Palestine exported to Belgium were Tropical Fruits ($206k), Other Edible Preparations ($32.5k), and Pasta ($27.8k). Over the past 5 years the exports of Palestine to Belgium have increased at an annualized rate of 7.34%, from $231k in 2017 to $329k in 2022.

In 2022, Palestine did not export any services to Belgium.

Belgium-Palestine Trade: In 2022, Belgium exported $34.4M to Palestine. The main products that Belgium exported to Palestine were Other Processed Vegetables ($4.19M), Delivery Trucks ($3.92M), and Vaccines, blood, antisera, toxins and cultures ($3.35M). Over the past 5 years the exports of Belgium to Palestine have increased at an annualized rate of 13.9%, from $15.7M in 2017 to $34.4M in 2022.

In 2022, Belgium did not export any services to Palestine.

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palestine exported $329k to Belgium. The main products exported from Palestine to Belgium were Tropical Fruits ($206k), Other Edible Preparations ($32.5k), and Pasta ($27.8k). During the last 5 years the exports of Palestine to Belgium have increased at an annualized rate of 7.34%, from $231k in 2017 to $329k in 2022.

In 2017, Belgium exported $34.4M to Palestine. The main products exported from Belgium to Palestine were Other Processed Vegetables ($4.19M), Delivery Trucks ($3.92M), and Vaccines, blood, antisera, toxins and cultures ($3.35M). During the last 5 years the exports of Belgium to Palestine have increased at an annualized rate of 13.9%, from $15.7M in 2022 to $34.4M in 2017.

Exports from Palestine () to Belgium () (2022)

Exports from Belgium () to Palestine () (2022)

Latest Data

Trade between Palestine () and Belgium ()

Palestine Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Belgium
Top DestinationGermany$91.9B

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

In 2022, no countries were registered that imported more from Palestine than from Belgium.

In 2022, countries that imported more from Belgium than Palestine included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Palestine () (2022)

Comparative Advantage Palestine - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Belgium in the exports of Vegetable Products ($208k), Foodstuffs ($79.2k), and Instruments ($22.6k).

During 2017, Belgium had a large net trade with Palestine in the exports of Chemical Products ($8.53M), Foodstuffs ($5.58M), and Transportation ($5.5M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Palestine and Belgium. This means that a dot/product with the flag of Palestine indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Palestine.

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Belgium () (2022)

Exports from Belgium () to Palestine () (2022)

Latest Data

Trade between Palestine () and Belgium ()

Palestine Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Palestine () (2022)

Comparative Advantage Palestine - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Belgium () (2022)

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