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Belgium Trade Summary

2014

Belgium exports, imports, tariff by year.
Belgium monthly trade data
Belgium quarterly trade data

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


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TRADE SUMMARY FOR BELGIUM 2014

Overall Exports and Imports for Belgium 2014

Exports and imports of Belgium in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 319,214 million.
  • The total value of imports (CIF) was 328,435 million.
  • At the HS6 digit level, 4,459 products were exported to 229 countries and 4,526 products were imported from 218 countries.

Belgium top 5 Export and Import partners 2014

Top five countries to which Belgium exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to France worth US$ 51,308 million, with a partner share of 16.07 percent.
  2. Belgium exports to Germany worth US$ 50,962 million, with a partner share of 15.97 percent.
  3. Belgium exports to Netherlands worth US$ 38,631 million, with a partner share of 12.10 percent.
  4. Belgium exports to United Kingdom worth US$ 23,955 million, with a partner share of 7.50 percent.
  5. Belgium exports to United States worth US$ 15,189 million, with a partner share of 4.76 percent.

Top five countries from which Belgium imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Netherlands worth US$ 79,730 million, with a partner share of 24.28 percent.
  2. Belgium imports from Germany worth US$ 49,018 million, with a partner share of 14.92 percent.
  3. Belgium imports from France worth US$ 37,899 million, with a partner share of 11.54 percent.
  4. Belgium imports from United Kingdom worth US$ 16,474 million, with a partner share of 5.02 percent.
  5. Belgium imports from United States worth US$ 14,602 million, with a partner share of 4.45 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2014

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

  1. Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 26,109,582.45 (US$ Thousands).
  2. Belgium exported Diamonds non-industrial unworked or simply sawn , worth 14,114,328.77 (US$ Thousands).
  3. Belgium exported Automobiles with diesel engine displacing more , worth 11,245,754.36 (US$ Thousands).
  4. Belgium exported Vaccines for human medicine , worth 8,031,369.66 (US$ Thousands).
  5. Belgium exported Automobiles with reciprocating piston engine di , worth 7,047,852.79 (US$ Thousands).

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

  1. Belgium imported Petroleum oils and oils obtained from bituminou , worth 23,320,320.78 (US$ Thousands).
  2. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 18,590,243.69 (US$ Thousands).
  3. Belgium imported Diamonds non-industrial unworked or simply sawn , worth 13,028,629.06 (US$ Thousands).
  4. Belgium imported Natural gas in gaseous state , worth 11,012,009.24 (US$ Thousands).
  5. Belgium imported Automobiles with diesel engine displacing more , worth 9,288,270.07 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Belgium in 2014 are below

  • The maximum rate of tariff in percentage on any product was 361.96 percent.
  • The simple average tariff across all products was 2.73 percent.
  • The trade weighted average tariff was 2.32 .
  • The total duty free imports in thousands of US dollars were 93,732,657.42 and duty free tariff line items share was 53.82 percent.

Development Indicators 2014

Key Development Indicators of Belgium in 2014 are below

  • Belgium GDP in current US dollar was 535,390 million.
  • GNI per capita, Atlas method (current US$) was 47,820.00 .
  • Belgium Trade balance: as % of GDP was 0.82.
  • Trade balance in current US$ was 4,384.00 million.
  • Trade as percentage of GDP was 158.78 .
  • Trade in services as percentage of GDP was 45.39 .

Trade Indicators 2014

Trade Indicators for Belgium in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 25.71.
  • World Growth in percentage was 0.08 and Belgium Country Growth was 0.98 .