Saudi Arabia-Belgium Trade: In 2022, Saudi Arabia exported $1.46B to Belgium. The main products that Saudi Arabia exported to Belgium were Cyclic Hydrocarbons ($346M), Ethylene Polymers ($296M), and Refined Petroleum ($240M). Over the past 5 years the exports of Saudi Arabia to Belgium have decreased at an annualized rate of 6.37%, from $2.03B in 2017 to $1.46B in 2022.
In 2022, Saudi Arabia did not export any services to Belgium.
Belgium-Saudi Arabia Trade: In 2022, Belgium exported $2.15B to Saudi Arabia. The main products that Belgium exported to Saudi Arabia were Vaccines, blood, antisera, toxins and cultures ($646M), Packaged Medicaments ($169M), and Other Frozen Vegetables ($119M). Over the past 5 years the exports of Belgium to Saudi Arabia have increased at an annualized rate of 10.1%, from $1.21B in 2017 to $2.15B in 2022.
In 2022, Belgium did not export any services to Saudi Arabia.
Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).