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Belgium Trade Summary

2007

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 2007

Overall Exports and Imports for Belgium 2007

Exports and imports of Belgium in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 431,744 million.
  • The total value of imports (CIF) was 413,036 million.
  • At the HS6 digit level, 4,504 products were exported to 231 countries and 4,575 products were imported from 212 countries.

Belgium top 5 Export and Import partners 2007

Top five countries to which Belgium exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 83,982 million, with a partner share of 19.45 percent.
  2. Belgium exports to France worth US$ 72,302 million, with a partner share of 16.75 percent.
  3. Belgium exports to Netherlands worth US$ 51,317 million, with a partner share of 11.89 percent.
  4. Belgium exports to United Kingdom worth US$ 32,639 million, with a partner share of 7.56 percent.
  5. Belgium exports to United States worth US$ 24,869 million, with a partner share of 5.76 percent.

Top five countries from which Belgium imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Germany worth US$ 72,954 million, with a partner share of 17.66 percent.
  2. Belgium imports from Netherlands worth US$ 72,259 million, with a partner share of 17.49 percent.
  3. Belgium imports from France worth US$ 45,896 million, with a partner share of 11.11 percent.
  4. Belgium imports from United Kingdom worth US$ 26,278 million, with a partner share of 6.36 percent.
  5. Belgium imports from United States worth US$ 22,863 million, with a partner share of 5.54 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2007

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 35,331,633.29 (US$ Thousands).
  2. Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 20,380,657.83 (US$ Thousands).
  3. Belgium exported Automobiles with diesel engine displacing more , worth 13,108,765.83 (US$ Thousands).
  4. Belgium exported Automobiles with reciprocating piston engine di , worth 11,783,944.84 (US$ Thousands).
  5. Belgium exported Diamonds non-industrial unworked or simply sawn , worth 10,711,310.91 (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 31,917,874.23 (US$ Thousands).
  2. Belgium imported Petroleum oils and oils obtained from bituminou , worth 17,716,746.76 (US$ Thousands).
  3. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 15,589,923.10 (US$ Thousands).
  4. Belgium imported Automobiles with diesel engine displacing more , worth 12,071,820.75 (US$ Thousands).
  5. Belgium imported Diamonds non-industrial unworked or simply sawn , worth 10,376,299.35 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Belgium in 2007 are below

  • The maximum rate of tariff in percentage on any product was 241.89 percent.
  • The simple average tariff across all products was 2.71 percent.
  • The trade weighted average tariff was 2.55 .
  • The total duty free imports in thousands of US dollars were 71,172,754.55 and duty free tariff line items share was 58.88 percent.

Development Indicators 2007

Key Development Indicators of Belgium in 2007 are below

  • Belgium GDP in current US dollar was 470,922 million.
  • GNI per capita, Atlas method (current US$) was 42,740.00 .
  • Belgium Trade balance: as % of GDP was 4.14.
  • Trade balance in current US$ was 19,473.00 million.
  • Trade as percentage of GDP was 152.47 .
  • Trade in services as percentage of GDP was 30.57 .

Trade Indicators 2007

Trade Indicators for Belgium in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.51.
  • Index of export market penetration was 26.44.
  • World Growth in percentage was 183.19 and Belgium Country Growth was 102.39 .