2022
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GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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 GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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GDP PC 
$49,583CURRENT US$
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2012-2022
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GDP PC GROWTH
11%CURRENT US$
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2022
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GDP PC
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
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About

Belgium-Ireland In 2022, Belgium exported $2.88B to Ireland. The main products that Belgium exported to Ireland are Cars ($399M), Vaccines, blood, antisera, toxins and cultures ($285M), and Packaged Medicaments ($172M). During the last 23 years the exports of Belgium to Ireland have increased at an annualized rate of 4%, from $1.17B in 1999 to $2.88B in 2022.

In 2020, Belgium exported services to Ireland worth $5.18B, with Other business services ($3.38B), Computer and information services ($793M), and Royalties and license fees ($346M) being the largest in terms of value.

Ireland-Belgium In 2022, Ireland exported $17B to Belgium. The main products that Ireland exported to Belgium were Vaccines, blood, antisera, toxins and cultures ($9.85B), Nitrogen Heterocyclic Compounds ($3.23B), and Sulfonamides ($858M). During the last 23 years the exports of Ireland to Belgium have increased at an annualized rate of 6.77%, from $3.77B in 1999 to $17B in 2022.

In 2020, Ireland exported services to Belgium worth $2.19B, with Other business services ($1.52B), Insurance services ($275M), and Financial services ($273M) being the largest in terms of value.

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $2.88B to Ireland. The main products exported from Belgium to Ireland were Cars ($399M), Vaccines, blood, antisera, toxins and cultures ($285M), and Packaged Medicaments ($172M). During the last 23 years the exports of Belgium to Ireland have increased at an annualized rate of 4%, from $1.17B in 1999 to $2.88B in 2022.

In 2022, Ireland exported $17B to Belgium. The main products exported from Ireland to Belgium were Vaccines, blood, antisera, toxins and cultures ($9.85B), Nitrogen Heterocyclic Compounds ($3.23B), and Sulfonamides ($858M). During the last 23 years the exports of Ireland to Belgium have increased at an annualized rate of 6.77%, from $3.77B in 1999 to $17B in 2022.

Exports from Belgium (Flag) to Ireland (Flag) (2022)

Exports from Ireland (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Ireland
Top Destination
United States$70.7B

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

In 2021, countries that imported more from Belgium than Ireland were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Ireland than Belgium were United States ($70.7B), China ($16.7B), and Malaysia ($2B).

Difference in imports from Ireland (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Ireland

Flow
Scale

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

During 2022, Belgium had a large net trade with Ireland in the exports of Chemical Products ($874M), Transportation ($491M), and Machines ($274M).

During 2022, Ireland had a large net trade with Belgium in the exports of Chemical Products ($15.6B), Animal Products ($361M), and Instruments ($343M).

Service Trade

Bilateral Service Trade

In 2020, Belgium exported services to Ireland worth $5.18B, with Other business services ($3.38B), Computer and information services ($793M), and Royalties and license fees ($346M) being the largest in terms of value.

In 2020, Ireland exported services to Belgium worth $2.19B, with Other business services ($1.52B), Insurance services ($275M), and Financial services ($273M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to Ireland (Flag) (2020)

Services Exports from Ireland (Flag) to Belgium (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Belgium.

Product Space of Belgium (Flag) and Ireland (Flag) (2022)

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