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Belgium Trade Summary

2021

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 2021

Overall Exports and Imports for Belgium 2021

Exports and imports of Belgium in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 385,980 million.
  • The total value of imports (CIF) was 393,948 million.
  • At the HS6 digit level, 4,480 products were exported to 230 countries and 4,513 products were imported from 232 countries.

Belgium top 5 Export and Import partners 2021

Top five countries to which Belgium exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 65,681 million, with a partner share of 17.02 percent.
  2. Belgium exports to France worth US$ 53,108 million, with a partner share of 13.76 percent.
  3. Belgium exports to Netherlands worth US$ 47,712 million, with a partner share of 12.36 percent.
  4. Belgium exports to United States worth US$ 26,665 million, with a partner share of 6.91 percent.
  5. Belgium exports to United Kingdom worth US$ 23,881 million, with a partner share of 6.19 percent.

Top five countries from which Belgium imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Netherlands worth US$ 83,248 million, with a partner share of 21.13 percent.
  2. Belgium imports from Germany worth US$ 63,331 million, with a partner share of 16.08 percent.
  3. Belgium imports from France worth US$ 40,634 million, with a partner share of 10.31 percent.
  4. Belgium imports from Ireland worth US$ 21,917 million, with a partner share of 5.56 percent.
  5. Belgium imports from United States worth US$ 19,147 million, with a partner share of 4.86 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Belgium exported Vaccines for human medicine , worth 37,036,734.96 (US$ Thousands).
  2. Belgium exported Other medicaments of mixed or unmixed products, , worth 20,386,139.77 (US$ Thousands).
  3. Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 16,587,280.30 (US$ Thousands).
  4. Belgium exported Natural gas in gaseous state , worth 10,811,320.07 (US$ Thousands).
  5. Belgium exported Automobiles nes including gas turbine powered , worth 10,481,700.33 (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 17,462,886.32 (US$ Thousands).
  2. Belgium imported Vaccines for human medicine , worth 17,001,071.30 (US$ Thousands).
  3. Belgium imported Natural gas in gaseous state , worth 16,319,712.03 (US$ Thousands).
  4. Belgium imported Other medicaments of mixed or unmixed products, , worth 14,901,147.35 (US$ Thousands).
  5. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 12,099,140.07 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Belgium in 2021 are below

  • The maximum rate of tariff in percentage on any product was 275.48 percent.
  • The simple average tariff across all products was 2.12 percent.
  • The trade weighted average tariff was 1.17 .
  • The total duty free imports in thousands of US dollars were 79,010,681.04 and duty free tariff line items share was 63.42 percent.

Development Indicators 2021

Key Development Indicators of Belgium in 2021 are below

  • Belgium GDP in current US dollar was 594,352 million.
  • GNI per capita, Atlas method (current US$) was 50,530.00 .
  • Belgium Trade balance: as % of GDP was 1.05.
  • Trade balance in current US$ was 6,247.00 million.
  • Trade as percentage of GDP was 172.60 .
  • Trade in services as percentage of GDP was 45.99 .

Trade Indicators 2021

Trade Indicators for Belgium in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 25.97.
  • World Growth in percentage was 12.50 and Belgium Country Growth was 14.35 .