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Belgium Trade Summary

2019

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 2019

Overall Exports and Imports for Belgium 2019

Exports and imports of Belgium in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 311,797 million.
  • The total value of imports (CIF) was 318,707 million.
  • At the HS6 digit level, 4,483 products were exported to 228 countries and 4,518 products were imported from 229 countries.

Belgium top 5 Export and Import partners 2019

Top five countries to which Belgium exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 54,772 million, with a partner share of 17.57 percent.
  2. Belgium exports to France worth US$ 42,634 million, with a partner share of 13.67 percent.
  3. Belgium exports to Netherlands worth US$ 36,051 million, with a partner share of 11.56 percent.
  4. Belgium exports to United States worth US$ 23,502 million, with a partner share of 7.54 percent.
  5. Belgium exports to United Kingdom worth US$ 18,938 million, with a partner share of 6.07 percent.

Top five countries from which Belgium imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Netherlands worth US$ 64,663 million, with a partner share of 20.29 percent.
  2. Belgium imports from Germany worth US$ 45,161 million, with a partner share of 14.17 percent.
  3. Belgium imports from France worth US$ 36,399 million, with a partner share of 11.42 percent.
  4. Belgium imports from United States worth US$ 17,858 million, with a partner share of 5.60 percent.
  5. Belgium imports from Ireland worth US$ 14,859 million, with a partner share of 4.66 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2019

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 16,438,913.12 (US$ Thousands).
  2. Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 15,588,557.71 (US$ Thousands).
  3. Belgium exported Vaccines for human medicine , worth 9,213,201.60 (US$ Thousands).
  4. Belgium exported Automobiles with reciprocating piston engine di , worth 8,832,857.81 (US$ Thousands).
  5. Belgium exported Diamonds non-industrial unworked or simply sawn , worth 7,779,660.39 (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 15,521,640.78 (US$ Thousands).
  2. Belgium imported Other medicaments of mixed or unmixed products, , worth 14,063,898.55 (US$ Thousands).
  3. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 11,099,799.15 (US$ Thousands).
  4. Belgium imported Vaccines for human medicine , worth 7,474,054.71 (US$ Thousands).
  5. Belgium imported Human and animal blood; microbial cultures; tox , worth 6,833,553.35 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Belgium in 2019 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 2.46 percent.
  • The trade weighted average tariff was 2.47 .
  • The total duty free imports in thousands of US dollars were 79,703,471.54 and duty free tariff line items share was 57.95 percent.

Development Indicators 2019

Key Development Indicators of Belgium in 2019 are below

  • Belgium GDP in current US dollar was 535,866 million.
  • GNI per capita, Atlas method (current US$) was 48,110.00 .
  • Belgium Trade balance: as % of GDP was 0.63.
  • Trade balance in current US$ was 3,366.00 million.
  • Trade as percentage of GDP was 164.17 .
  • Trade in services as percentage of GDP was 46.29 .

Trade Indicators 2019

Trade Indicators for Belgium in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 26.29.
  • World Growth in percentage was -1.34 and Belgium Country Growth was -2.75 .