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Belgium Trade Summary

2017

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


Products

TRADE SUMMARY FOR BELGIUM 2017

Overall Exports and Imports for Belgium 2017

Exports and imports of Belgium in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 430,092 million.
  • The total value of imports (CIF) was 409,025 million.
  • At the HS6 digit level, 4,466 products were exported to 230 countries and 4,511 products were imported from 223 countries.

Belgium top 5 Export and Import partners 2017

Top five countries to which Belgium exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 72,100 million, with a partner share of 16.76 percent.
  2. Belgium exports to France worth US$ 64,269 million, with a partner share of 14.94 percent.
  3. Belgium exports to Netherlands worth US$ 51,955 million, with a partner share of 12.08 percent.
  4. Belgium exports to United Kingdom worth US$ 35,767 million, with a partner share of 8.32 percent.
  5. Belgium exports to Italy worth US$ 21,122 million, with a partner share of 4.91 percent.

Top five countries from which Belgium imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Netherlands worth US$ 70,520 million, with a partner share of 17.24 percent.
  2. Belgium imports from Germany worth US$ 56,722 million, with a partner share of 13.87 percent.
  3. Belgium imports from France worth US$ 38,949 million, with a partner share of 9.52 percent.
  4. Belgium imports from United States worth US$ 28,948 million, with a partner share of 7.08 percent.
  5. Belgium imports from United Kingdom worth US$ 19,712 million, with a partner share of 4.82 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2017

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 US$ 25,605,946.19 million.
  2. Belgium exported Other medicaments of mixed or unmixed products, , worth US$ 20,585,813.51 million.
  3. Belgium exported Automobiles with diesel engine displacing more , worth US$ 11,008,550.59 million.
  4. Belgium exported Diamonds non-industrial unworked or simply sawn , worth US$ 10,915,815.71 million.
  5. Belgium exported Human and animal blood; microbial cultures; tox , worth US$ 8,042,832.85 million.

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

  1. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 18,862,231.02 million.
  2. Belgium imported Other medicaments of mixed or unmixed products, , worth US$ 15,896,600.49 million.
  3. Belgium imported Petroleum oils and oils obtained from bituminou , worth US$ 15,244,585.61 million.
  4. Belgium imported Automobiles with diesel engine displacing more , worth US$ 12,795,170.64 million.
  5. Belgium imported Natural gas in gaseous state , worth US$ 9,247,338.89 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Belgium in 2017 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2017

Key Development Indicators of Belgium in 2017 are below

  • Belgium GDP in current US dollar was 503,005 million.
  • GNI per capita, Atlas method (current US$) was 42,720.00 .
  • Belgium Trade balance: as % of GDP was 1.39.
  • Trade balance in current US$ was 7,010.00 million.
  • Trade as percentage of GDP was 163.23 .
  • Trade in services as percentage of GDP was 46.06 .

Trade Indicators 2017

Trade Indicators for Belgium in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 25.83.
  • World Growth in percentage was 5.68 and Belgium Country Growth was 3.77 .