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Belgium Trade Summary

2003

Belgium exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BELGIUM 2003

Overall Exports and Imports for Belgium 2003

Exports and imports of Belgium in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 255,554 million.
  • The total value of imports (CIF) was 234,922 million.
  • At the HS6 digit level, 4,736 products were exported to 218 countries and 4,843 products were imported from 207 countries.

Belgium top 5 Export and Import partners 2003

Top five countries to which Belgium exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 49,760 million, with a partner share of 19.47 percent.
  2. Belgium exports to France worth US$ 44,109 million, with a partner share of 17.26 percent.
  3. Belgium exports to Netherlands worth US$ 29,926 million, with a partner share of 11.71 percent.
  4. Belgium exports to United Kingdom worth US$ 23,247 million, with a partner share of 9.10 percent.
  5. Belgium exports to United States worth US$ 17,143 million, with a partner share of 6.71 percent.

Top five countries from which Belgium imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Germany worth US$ 43,070 million, with a partner share of 18.33 percent.
  2. Belgium imports from Netherlands worth US$ 37,976 million, with a partner share of 16.17 percent.
  3. Belgium imports from France worth US$ 30,720 million, with a partner share of 13.08 percent.
  4. Belgium imports from United Kingdom worth US$ 17,684 million, with a partner share of 7.53 percent.
  5. Belgium imports from United States worth US$ 13,981 million, with a partner share of 5.95 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Belgium along with trade value are:

  1. Belgium exported Other medicaments of mixed or unmixed products, , worth 19,758,501.98 (US$ Thousands).
  2. Belgium exported Automobiles with reciprocating piston engine di , worth 11,340,772.75 (US$ Thousands).
  3. Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 8,385,814.80 (US$ Thousands).
  4. Belgium exported Automobiles with diesel engine displacing more , worth 7,895,566.13 (US$ Thousands).
  5. Belgium exported Diamonds non-industrial unworked or simply sawn , worth 6,952,426.77 (US$ Thousands).

The top five imported HS 6 digit level products from world by Belgium along with trade value are

  1. Belgium imported Other medicaments of mixed or unmixed products, , worth 21,646,228.91 (US$ Thousands).
  2. Belgium imported Petroleum oils and oils obtained from bituminou , worth 8,372,497.75 (US$ Thousands).
  3. Belgium imported Diamonds non-industrial unworked or simply sawn , worth 7,171,062.87 (US$ Thousands).
  4. Belgium imported Automobiles with diesel engine displacing more , worth 6,736,294.70 (US$ Thousands).
  5. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 5,526,035.46 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Belgium in 2003 are below

  • The maximum rate of tariff in percentage on any product was 361.45 percent.
  • The simple average tariff across all products was 2.83 percent.
  • The trade weighted average tariff was 3.44 .
  • The total duty free imports in thousands of US dollars were 35,144,393.90 and duty free tariff line items share was 52.93 percent.

Development Indicators 2003

Key Development Indicators of Belgium in 2003 are below

  • Belgium GDP in current US dollar was 318,083 million.
  • GNI per capita, Atlas method (current US$) was 27,100.00 .
  • Belgium Trade balance: as % of GDP was 5.36.
  • Trade balance in current US$ was 17,041.00 million.
  • Trade as percentage of GDP was 132.72 .
  • Trade in services as percentage of GDP was 28.52 .

Trade Indicators 2003

Trade Indicators for Belgium in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 24.15.
  • World Growth in percentage was 7.11 and Belgium Country Growth was 9.07 .