Qatar-Belgium Trade: In 2023, Qatar exported $5.29B to Belgium. The main products that Qatar exported to Belgium were Petroleum Gas ($5.13B), Refined Petroleum ($48.6M), and Acyclic Hydrocarbons ($43.6M). Over the past 5 years the exports of Qatar to Belgium have increased at an annualized rate of 45.7%, from $807M in 2018 to $5.29B in 2023.
In 2023, Qatar did not export any services to Belgium.
Belgium-Qatar Trade: In 2023, Belgium exported $241M to Qatar. The main products that Belgium exported to Qatar were Packaged Medicaments ($39.5M), Horses ($15.8M), and Industrial Fatty Acids, Oils and Alcohols ($11.2M). Over the past 5 years the exports of Belgium to Qatar have decreased at an annualized rate of 5.16%, from $314M in 2018 to $241M in 2023.
In 2023, Belgium did not export any services to Qatar.
Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).