Israel / Belgium

Israel-Belgium Trade: In 2022, Israel exported $1.21B to Belgium. The main products that Israel exported to Belgium were Diamonds ($480M), Tool Plates ($74.8M), and Medical Instruments ($62.5M). Over the past 5 years the exports of Israel to Belgium have decreased at an annualized rate of 8.29%, from $1.87B in 2017 to $1.21B in 2022.

In 2012, Israel exported services to Belgium worth $88.8M, with Computer and information services ($88M) and Construction services ($761k) being the largest in terms of value.

Belgium-Israel Trade: In 2022, Belgium exported $3.43B to Israel. The main products that Belgium exported to Israel were Diamonds ($1.14B), Cars ($362M), and Vaccines, blood, antisera, toxins and cultures ($284M). Over the past 5 years the exports of Belgium to Israel have increased at an annualized rate of 2.06%,  from $3.09B in 2017 to $3.43B in 2022.

In 2009, Belgium exported services to Israel worth $327M, with Services not allocated ($189M), Transportation ($80.7M), and Travel ($20.2M) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).