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2022
Flag → Flag
Exports $473MRnk 22 / 191
2022
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Top Product $136MRapeseed
2022
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Exports $521MRnk 62 / 222
2022
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Top Product $49.1MElectricity
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
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Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
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GDP PC$49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Ukraine-Belgium In 2022, Ukraine exported $473M to Belgium. The main products that Ukraine exported to Belgium are Rapeseed ($136M), Electricity ($60.8M), and Corn ($57.4M). During the last 23 years the exports of Ukraine to Belgium have increased at an annualized rate of 3.82%, from $199M in 1999 to $473M in 2022.

In 2022, Ukraine did not export any services to Belgium.

Belgium-Ukraine In 2022, Belgium exported $521M to Ukraine. The main products that Belgium exported to Ukraine were Electricity ($49.1M), Tractors ($33M), and Pesticides ($31.9M). During the last 23 years the exports of Belgium to Ukraine have increased at an annualized rate of 4.95%, from $171M in 1999 to $521M in 2022.

In 2022, Belgium did not export any services to Ukraine.

Comparison In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $473M to Belgium. The main products exported from Ukraine to Belgium were Rapeseed ($136M), Electricity ($60.8M), and Corn ($57.4M). During the last 23 years the exports of Ukraine to Belgium have increased at an annualized rate of 3.82%, from $199M in 1999 to $473M in 2022.

In 2022, Belgium exported $521M to Ukraine. The main products exported from Belgium to Ukraine were Electricity ($49.1M), Tractors ($33M), and Pesticides ($31.9M). During the last 23 years the exports of Belgium to Ukraine have increased at an annualized rate of 4.95%, from $171M in 1999 to $521M in 2022.

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

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

Latest Data

Trade between Ukraine (Flag) and Belgium (Flag)

Ukraine Exports

Belgium Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Belgium
Top DestinationGermany$91.9B

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

In 2021, countries that imported more from Ukraine than Belgium were Romania ($3.94B), Moldova ($929M), and Bulgaria ($1.48B).

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

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

Comparative Advantage Ukraine - Belgium

Flow
Scale

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

During 2022, Ukraine had a large net trade with Belgium in the exports of Vegetable Products ($205M), Mineral Products ($69.9M), and Wood Products ($43.7M).

During 2022, Belgium had a large net trade with Ukraine in the exports of Chemical Products ($125M), Transportation ($91.1M), and Mineral Products ($72.8M).

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 Ukraine has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Ukraine.

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

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