Australia / Belgium

Australia-Belgium Trade: In 2022, Australia exported $1.78B to Belgium. The main products that Australia exported to Belgium were Rapeseed ($946M), Coal Briquettes ($374M), and Other Mineral ($63.4M). Over the past 5 years the exports of Australia to Belgium have increased at an annualized rate of 13.7%, from $936M in 2017 to $1.78B in 2022.

In 2009, Australia exported services to Belgium worth $99M, with Travel ($60.2M), Transportation ($16.6M), and Other business services ($8.71M) being the largest in terms of value.

Belgium-Australia Trade: In 2022, Belgium exported $2B to Australia. The main products that Belgium exported to Australia were Vaccines, blood, antisera, toxins and cultures ($548M), Packaged Medicaments ($199M), and Harvesting Machinery ($90.9M). Over the past 5 years the exports of Belgium to Australia have increased at an annualized rate of 5.83%,  from $1.51B in 2017 to $2B in 2022.

In 2020, Belgium exported services to Australia worth $298M, with Other business services ($155M), Transportation ($57.1M), and Communications services ($32M) being the largest in terms of value.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).