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Belgium Trade Summary

2018

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 2018

Overall Exports and Imports for Belgium 2018

Exports and imports of Belgium in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 468,643 million.
  • The total value of imports (CIF) was 454,714 million.
  • At the HS6 digit level, 4,498 products were exported to 230 countries and 4,519 products were imported from 228 countries.

Belgium top 5 Export and Import partners 2018

Top five countries to which Belgium exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Belgium exports to Germany worth US$ 84,085 million, with a partner share of 17.94 percent.
  2. Belgium exports to France worth US$ 67,773 million, with a partner share of 14.46 percent.
  3. Belgium exports to Netherlands worth US$ 57,332 million, with a partner share of 12.23 percent.
  4. Belgium exports to United Kingdom worth US$ 36,965 million, with a partner share of 7.89 percent.
  5. Belgium exports to United States worth US$ 24,257 million, with a partner share of 5.18 percent.

Top five countries from which Belgium imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Belgium imports from Netherlands worth US$ 81,699 million, with a partner share of 17.97 percent.
  2. Belgium imports from Germany worth US$ 59,539 million, with a partner share of 13.09 percent.
  3. Belgium imports from France worth US$ 42,898 million, with a partner share of 9.43 percent.
  4. Belgium imports from United States worth US$ 31,054 million, with a partner share of 6.83 percent.
  5. Belgium imports from Ireland worth US$ 23,355 million, with a partner share of 5.14 percent.

Belgium Top 5 Productsexports imports at HS 6 digit level 2018

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$ 31,747,983.98 million.
  2. Belgium exported Other medicaments of mixed or unmixed products, , worth US$ 21,473,155.71 million.
  3. Belgium exported Human and animal blood; microbial cultures; tox , worth US$ 11,139,207.24 million.
  4. Belgium exported Diamonds non-industrial unworked or simply sawn , worth US$ 10,747,998.30 million.
  5. Belgium exported Automobiles with reciprocating piston engine di , worth US$ 8,799,411.07 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$ 23,899,218.72 million.
  2. Belgium imported Petroleum oils and oils obtained from bituminou , worth US$ 19,466,573.07 million.
  3. Belgium imported Other medicaments of mixed or unmixed products, , worth US$ 16,256,748.86 million.
  4. Belgium imported Human and animal blood; microbial cultures; tox , worth US$ 11,705,716.46 million.
  5. Belgium imported Natural gas in gaseous state , worth US$ 11,363,048.55 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Belgium in 2018 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 2018

Key Development Indicators of Belgium in 2018 are below

  • Belgium GDP in current US dollar was 542,761 million.
  • GNI per capita, Atlas method (current US$) was 45,910.00 .
  • Belgium Trade balance: as % of GDP was -0.16.
  • Trade balance in current US$ was -886.00 million.
  • Trade as percentage of GDP was 165.31 .
  • Trade in services as percentage of GDP was 45.52 .

Trade Indicators 2018

Trade Indicators for Belgium in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 23.95.
  • World Growth in percentage was 3.50 and Belgium Country Growth was 4.73 .