Israel / Belgium

Israel-Belgium Trade: In 2023, Israel exported $886M to Belgium. The main products that Israel exported to Belgium were Diamonds ($356M), Medical Instruments ($57.8M), and Vaccines, blood, antisera, toxins and cultures ($55.6M). Over the past 5 years the exports of Israel to Belgium have decreased at an annualized rate of 1.47%, from $954M in 2018 to $886M in 2023.

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 2023, Belgium exported $1.9B to Israel. The main products that Belgium exported to Israel were Diamonds ($651M), Cars ($181M), and Delivery Trucks ($166M). Over the past 5 years the exports of Belgium to Israel have decreased at an annualized rate of 9.57%,  from $3.14B in 2018 to $1.9B in 2023.

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 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).