{"id":41049,"date":"2026-03-12T17:01:14","date_gmt":"2026-03-12T14:01:14","guid":{"rendered":"https:\/\/ces.org.ua\/?p=41049"},"modified":"2026-04-03T11:25:51","modified_gmt":"2026-04-03T08:25:51","slug":"belgium","status":"publish","type":"post","link":"https:\/\/ces.org.ua\/en\/belgium\/","title":{"rendered":"Belgium"},"content":{"rendered":"\n\n
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Ukraine & Belgium economic dialogue<\/h2>\n <\/div>\n
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BE historically runs a major surplus of trade in goods with UA, apart from 2022 and 2024<\/p>\n <\/div>\n

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BE\u2019s firms in UA \r\nmainly focus on electrical equipment, wholesale trade, \r\nand agriculture<\/p>\n <\/div>\n

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BE\u2019s exports in services to UA almost doubled between 2021 and 2025<\/p>\n <\/div>\n

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UA\u2019s tech firms began expansion into BE<\/p>\n <\/div>\n

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Majority of UA refugees \r\nin BE are working age<\/p>\n <\/div>\n <\/div>\n \n \n

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Centre for Economic Strategy (CES), an independent Ukrainian think tank that analyzes key public policies and promotes support for reforms.<\/p>\n

With donor support, CES has launched a series of studies on trade relations between Ukraine and the European Union countries.<\/p>\n<\/div>\n <\/div>\n \n \n

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Free movements of goods and services<\/h2>\n <\/div>\n\n
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Both pre-war and now, \r\nUA mainly exports oilseeds \r\nand corn, supporting BE\u2019s agrifood production<\/p>\n <\/div>\n

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52%<\/h4>\n

Trade in services between BE and UA has expanded \r\nby 52% from 2021 to 2024<\/p>\n <\/div>\n

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BE mainly exports agricultural chemistry, polymers \r\nand harvesting machinery<\/p>\n <\/div>\n

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This increase was likely \r\ndriven by the expansion \r\nof UA\u2019s IT sector into BE \r\nand the relocation of UA citizens to BE<\/p>\n <\/div>\n <\/div>\n \n \n

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Trade Balance UA-BE 2024<\/h2>\n <\/div>\n\n \n
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Free movement of persons and capital<\/h2>\n <\/div>\n\n \n \n \n
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Post-2022:<\/div>\n
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92k<\/div>\n

Ukrainians in BE with temporary protection status (as of October 2025)<\/p>\n <\/div>\n \n \n

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67%<\/div>\n

of which arrived in 2022<\/p>\n <\/div>\n <\/div>\n\n \n

75% are women and children, ~65% are of working age<\/p>\n <\/div>\n \n \n \n \n \n

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~270<\/div>\n

Belgium-linked businesses in UA in 2024<\/p>\n <\/div>\n \n \n

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Majority are concentrated \r\nin most attractive industries, \r\nincluding electrical equipment manufacturing, wholesale trade, and agriculture<\/p>\n <\/div>\n \n \n <\/div>\n \n \n \n \n

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BE’s FDI stock in UA, \u20ac mln<\/h2>\n <\/div>\n\n \n
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Tighter co-operation potential<\/h2>\n <\/div>\n\n
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    Deeper cooperation in agriculture is crucial, since Belgium \r\nis a major supplier of machinery and chemicals, supporting Ukraine\u2019s agro productivity.<\/p>\n <\/li>\n

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    Ukraine\u2019s future industrial recovery will create demand for high-tech exports from Belgium.<\/p>\n <\/li>\n

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    Both can benefit from diversification and joint R&D in defence, especially at a time of growth of this sector in Belgium.<\/p>\n <\/li>\n <\/ul>\n <\/div>\n \n \n

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    Interesting fact<\/h2>\n <\/div>\n
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    The BE state-owned investment company for developing countries, BIO Invest, entered into a \u20ac5 mln agreement with Bank Lviv in 2025 to finance Ukrainian SMEs with a focus on green energy, sustainable agriculture, and financial services.<\/p>\n <\/div>\n

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    The brochure is produced\u00a0by\u00a0Centre for Economic Strategy\u00a0\u00a0with the support of the\u00a0Askold and Dir Fund\u00a0as a part of the\u00a0the Strong Civil Society of Ukraine \u2014 a Driver towards Reforms and Democracy project,\u00a0implemented by ISAR Ednannia,\u00a0funded by Norway and Sweden. The contents of this publication are the sole responsibility of\u00a0Centre for Economic Strategy\u00a0and can in no way be taken to reflect the views\u00a0the\u00a0Government of Norway, the Government of Sweden and ISAR Ednannia.<\/p>\n<\/div>\n <\/div>\n\n \n<\/div>","protected":false},"excerpt":{"rendered":"

    The BE state-owned investment company for developing countries, BIO Invest, entered into a \u20ac5 mln agreement with Bank Lviv in 2025 to finance Ukrainian SMEs with a focus on green energy, sustainable agriculture, and financial services.<\/p>\n","protected":false},"author":18,"featured_media":41098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/template-country-research.php","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[197],"tags":[660],"experts":[662,648],"news_type":[140],"class_list":["post-41049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-list-en","tag-eu-partnerships","experts-nataliia_kolesnichenko-en","experts-oleksandra-khovrak","news_type-researches"],"acf":[],"_links":{"self":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/41049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/comments?post=41049"}],"version-history":[{"count":10,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/41049\/revisions"}],"predecessor-version":[{"id":42000,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/41049\/revisions\/42000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media\/41098"}],"wp:attachment":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media?parent=41049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/categories?post=41049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/tags?post=41049"},{"taxonomy":"experts","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/experts?post=41049"},{"taxonomy":"news_type","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/news_type?post=41049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}