Belgium Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Belgium monthly trade data

Country / Region
Year
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Belgium

2020

Overall Exports and Imports

Exports
Exports (in US$ Mil) 296,131
No. Of products 4,465
No. Of partners 226
Imports
Imports (in US$ Mil) 294,179
No. Of products 4,520
No. Of partners 225

Trade Indicator

HH Market concentration index0.08
Index of export market penetration23.87
World Growth-3.91
Country Growth-1.59

Service Indicators 2020

Service imports (BoP, current US$)115,388,313,608.13
Service exports (BoP, current US$)116,045,187,359.19
Imports of goods and services (% of GDP)80.13
Exports of goods and services (% of GDP)80.58

Belgium top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany49,086 16.58
France39,443 13.32
Netherlands34,501 11.65
United States25,959 8.77
United Kingdom17,728 5.99
Exporter Trade (US$ Mil) Partner share(%)
Netherlands56,510 19.21
Germany42,861 14.57
France32,970 11.21
United States15,491 5.27
Ireland14,484 4.92

Belgium Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials21,206 7.16 40,011 13.60 0.42
Intermediate goods108,087 36.50 80,466 27.35 2.03
Consumer goods114,870 38.79 109,421 37.20 2.42
Capital goods50,230 16.96 63,637 21.63 0.62

Top 5 Products exports imports at HS 6 digit level

Exports
Other medicaments of ...19,212,882.88
Vaccines for human m ...11,567,611.33
Petroleum oils, etc, ...10,161,090.55
Human and animal blo ...8,742,607.80
Automobiles with rec ...8,471,298.43
Imports
Other medicaments of ...14,941,344.60
Petroleum oils and o ...8,876,689.83
Human and animal blo ...8,580,522.20
Vaccines for human m ...7,743,437.53
Petroleum oils, etc, ...7,474,983.72

Tariff and Trade Barriers for Belgium

Tariffs 2020

No. Of Tariff Agreement ...
Simple Average (%) 1.73
Duty Free Imports (US$ Thousand) 52,001,173.10
Maximum Rate (%) 74.90
Weighted Average (%) 1.55
Duty Free Tariff Lines Share (%) 62.33

Overall Trade Restrictiveness Index (OTRI)

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All22.50

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2020 WDI »
Population11,422,068
GDP (current US$ Mil)515,332
GNI per capita, Atlas method (current US$)...
Trade Balance (current US$ Mil)2,331.00
Trade Balance (% of GDP)0.45

Doing Business

2019 Doing Business »
Ease of Doing Business Rank46
Trading Across Borders Rank1

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score4.11
LPI Rank6