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Belgium Trade Summary

2008

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 2008

Overall Exports and Imports for Belgium 2008

Exports and imports of Belgium in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 471,798 million.
  • The total value of imports (CIF) was 466,338 million.
  • At the HS6 digit level, 4,512 products were exported to 228 countries and 4,569 products were imported from 223 countries.

Belgium top 5 Export and Import partners 2008

Top five countries to which Belgium exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 93,192 million, with a partner share of 19.75 percent.
  2. Belgium exports to France worth US$ 82,435 million, with a partner share of 17.47 percent.
  3. Belgium exports to Netherlands worth US$ 57,560 million, with a partner share of 12.20 percent.
  4. Belgium exports to United Kingdom worth US$ 34,012 million, with a partner share of 7.21 percent.
  5. Belgium exports to United States worth US$ 23,030 million, with a partner share of 4.88 percent.

Top five countries from which Belgium imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Netherlands worth US$ 89,846 million, with a partner share of 19.27 percent.
  2. Belgium imports from Germany worth US$ 79,859 million, with a partner share of 17.12 percent.
  3. Belgium imports from France worth US$ 51,929 million, with a partner share of 11.14 percent.
  4. Belgium imports from United Kingdom worth US$ 27,261 million, with a partner share of 5.85 percent.
  5. Belgium imports from United States worth US$ 25,594 million, with a partner share of 5.49 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2008

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 35,498,963.70 (US$ Thousands).
  2. Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 28,247,345.72 (US$ Thousands).
  3. Belgium exported Automobiles with diesel engine displacing more , worth 14,211,897.28 (US$ Thousands).
  4. Belgium exported Diamonds non-industrial unworked or simply sawn , worth 9,448,377.50 (US$ Thousands).
  5. Belgium exported Automobiles with reciprocating piston engine di , worth 9,320,102.49 (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 34,433,153.26 (US$ Thousands).
  2. Belgium imported Petroleum oils and oils obtained from bituminou , worth 24,362,041.94 (US$ Thousands).
  3. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 22,867,115.23 (US$ Thousands).
  4. Belgium imported Natural gas in gaseous state , worth 14,945,816.35 (US$ Thousands).
  5. Belgium imported Automobiles with diesel engine displacing more , worth 12,492,086.48 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Belgium in 2008 are below

  • The maximum rate of tariff in percentage on any product was 247.32 percent.
  • The simple average tariff across all products was 2.49 percent.
  • The trade weighted average tariff was 2.18 .
  • The total duty free imports in thousands of US dollars were 87,916,615.36 and duty free tariff line items share was 62.84 percent.

Development Indicators 2008

Key Development Indicators of Belgium in 2008 are below

  • Belgium GDP in current US dollar was 517,328 million.
  • GNI per capita, Atlas method (current US$) was 46,570.00 .
  • Belgium Trade balance: as % of GDP was 0.67.
  • Trade balance in current US$ was 3,481.00 million.
  • Trade as percentage of GDP was 161.09 .
  • Trade in services as percentage of GDP was 36.02 .

Trade Indicators 2008

Trade Indicators for Belgium in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 26.20.
  • World Growth in percentage was -59.29 and Belgium Country Growth was -44.35 .