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Pricing

2022
Flag → Flag
Exports $34.4MRnk 137 / 222
2022
Flag → Flag
Top Product $4.19MOther Processed Vegetables
2022
Flag → Flag
Exports $329kRnk 33 / 98
2022
Flag → Flag
Top Product $206kTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH23.5%CURRENT US$
Rnk 75 / 186

About

Belgium-Palestine Trade: In 2022, Belgium exported $34.4M to Palestine. The main products that Belgium exported to Palestine were Other Processed Vegetables ($4.19M), Delivery Trucks ($3.92M), and Vaccines, blood, antisera, toxins and cultures ($3.35M). Over the past 5 years the exports of Belgium to Palestine have increased at an annualized rate of 17%, from $15.7M in 2017 to $34.4M in 2022.

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

Palestine-Belgium Trade: In 2022, Palestine exported $329k to Belgium. The main products that Palestine exported to Belgium were Tropical Fruits ($206k), Other Edible Preparations ($32.5k), and Pasta ($27.8k). Over the past 5 years the exports of Palestine to Belgium have increased at an annualized rate of 7.34%,  from $231k in 2017 to $329k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Latest Trends

April, 2024

About

Overview In April 2024, Belgium exported €636k and imported €32.1k from Palestine, resulting in a positive trade balance of €604k. Between April 2023 and April 2024 the exports of Belgium have decreased by €-403k (-38.8%) from €1.04M to €636k, while imports increased by €24.9k (344%) from €7.23k to €32.1k.

Trade In April 2024, the top exports of Belgium to Palestine were Pharmaceutical products (€3.38M), Pharmaceutical products (€3.32M), Pharmaceutical products (€3.32M), Pharmaceutical products (€2.98M), and Pharmaceutical products (€2.51M). In April 2024 the top imports of Belgium from Palestine were Edible fruits, nuts & fruit peels (€232k), Animal or vegetable fats, oils, &... (€113k), Animal or vegetable fats, oils, &... (€102k), Edible fruits, nuts & fruit peels (€98.3k), and Animal or vegetable fats, oils, &... (€94.5k).

Growth In April 2024, the decrease in Belgium's year-by-year exports to Palestine was explained primarily by an decrease in product exports in . In April 2024, the increase in Belgium's year-by-year imports  from Palestine was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (April 2023 - April 2024)€-403k(-38.8%)
IMPORT GROWTH (April 2023 - April 2024)€24.9k(344%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Palestine and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Palestine and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $34.4M to Palestine. The main products exported from Belgium to Palestine were Other Processed Vegetables ($4.19M), Delivery Trucks ($3.92M), and Vaccines, blood, antisera, toxins and cultures ($3.35M). During the last 5 years the exports of Belgium to Palestine have increased at an annualized rate of 17%, from $15.7M in 2017 to $34.4M in 2022.

In 2017, Palestine exported $329k to Belgium. The main products exported from Palestine to Belgium were Tropical Fruits ($206k), Other Edible Preparations ($32.5k), and Pasta ($27.8k). During the last 5 years the exports of Palestine to Belgium have increased at an annualized rate of 7.34%, from $231k in 2022 to $329k in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Belgium than Palestine included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, no countries were registered that imported more from Palestine than from Belgium.

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

Comparative Advantage Belgium - Palestine

Flow
Scale

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

During 2022, Belgium had a large net trade with Palestine in the exports of Chemical Products ($8.53M), Foodstuffs ($5.58M), and Transportation ($5.5M).

During 2017, Palestine had a large net trade with Belgium in the exports of Vegetable Products ($208k), Foodstuffs ($79.2k), and Instruments ($22.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Palestine+N/AN/A
Top Product Potential Palestine Belgium+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Palestine. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Palestine. Similarly, a dot/product with the flag of Palestine indicates it has a comparative advantage over Belgium.

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

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