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Belgium Trade Summary

2022

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 2022

Overall Exports and Imports for Belgium 2022

Exports and imports of Belgium in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 463,782 million.
  • The total value of imports (CIF) was 464,277 million.
  • At the HS6 digit level, 4,457 products were exported to 230 countries and 4,498 products were imported from 227 countries.

Belgium top 5 Export and Import partners 2022

Top five countries to which Belgium exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 93,034 million, with a partner share of 20.06 percent.
  2. Belgium exports to Netherlands worth US$ 66,032 million, with a partner share of 14.24 percent.
  3. Belgium exports to France worth US$ 57,987 million, with a partner share of 12.50 percent.
  4. Belgium exports to United States worth US$ 31,323 million, with a partner share of 6.75 percent.
  5. Belgium exports to United Kingdom worth US$ 23,710 million, with a partner share of 5.11 percent.

Top five countries from which Belgium imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Netherlands worth US$ 97,989 million, with a partner share of 21.11 percent.
  2. Belgium imports from Germany worth US$ 55,347 million, with a partner share of 11.92 percent.
  3. Belgium imports from France worth US$ 49,783 million, with a partner share of 10.72 percent.
  4. Belgium imports from United Kingdom worth US$ 29,610 million, with a partner share of 6.38 percent.
  5. Belgium imports from United States worth US$ 24,973 million, with a partner share of 5.38 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2022

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

  1. Belgium exported Natural gas in gaseous state , worth 49,194,538.66 (US$ Thousands).
  2. Belgium exported Vaccines for human medicine , worth 35,947,291.36 (US$ Thousands).
  3. Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 32,230,754.50 (US$ Thousands).
  4. Belgium exported Other medicaments of mixed or unmixed products, , worth 24,172,336.04 (US$ Thousands).
  5. Belgium exported Automobiles nes including gas turbine powered , worth 12,038,642.55 (US$ Thousands).

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

  1. Belgium imported Natural gas in gaseous state , worth 51,154,736.15 (US$ Thousands).
  2. Belgium imported Petroleum oils and oils obtained from bituminou , worth 23,566,181.08 (US$ Thousands).
  3. Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 21,106,992.75 (US$ Thousands).
  4. Belgium imported Other medicaments of mixed or unmixed products, , worth 20,626,272.01 (US$ Thousands).
  5. Belgium imported Automobiles nes including gas turbine powered , worth 12,154,094.15 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Belgium in 2022 are below

  • The maximum rate of tariff in percentage on any product was 175.99 percent.
  • The simple average tariff across all products was 1.87 percent.
  • The trade weighted average tariff was 0.87 .
  • The total duty free imports in thousands of US dollars were 121,694,634.25 and duty free tariff line items share was 69.99 percent.

Development Indicators 2022

Key Development Indicators of Belgium in 2022 are below

  • Belgium GDP in current US dollar was 578,604 million.
  • GNI per capita, Atlas method (current US$) was 48,700.00 .
  • Belgium Trade balance: as % of GDP was -2.42.
  • Trade balance in current US$ was -13,986.00 million.
  • Trade as percentage of GDP was 193.07 .
  • Trade in services as percentage of GDP was 48.82 .

Trade Indicators 2022

Trade Indicators for Belgium in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 24.26.
  • World Growth in percentage was 5.18 and Belgium Country Growth was 3.44 .