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

2022

Overall Exports and Imports

Exports
Exports (in US$ Mil) 463,782
No. Of products 4,457
No. Of partners 230
Imports
Imports (in US$ Mil) 464,277
No. Of products 4,498
No. Of partners 227

Trade Indicator

HH Market concentration index0.09
Index of export market penetration24.26
World Growth5.18
Country Growth3.44

Service Indicators 2022

Service imports (BoP, current US$)143,212,759,764.29
Service exports (BoP, current US$)139,282,684,365.95
Imports of goods and services (% of GDP)97.75
Exports of goods and services (% of GDP)95.33

Belgium top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany93,034 20.06
Netherlands66,032 14.24
France57,987 12.50
United States31,323 6.75
United Kingdom23,710 5.11
Exporter Trade (US$ Mil) Partner share(%)
Netherlands97,989 21.11
Germany55,347 11.92
France49,783 10.72
United Kingdom29,610 6.38
United States24,973 5.38

Belgium Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials28,019 6.04 64,878 13.97 0.46
Intermediate goods169,750 36.60 124,912 26.90 1.31
Consumer goods205,659 44.34 198,835 42.83 0.74
Capital goods57,861 12.48 74,679 16.09 0.73

Top 5 Products exports imports at HS 6 digit level

Exports
Natural gas in gaseo ...49,194,538.66
Vaccines for human m ...35,947,291.36
Petroleum oils, etc, ...32,230,754.50
Other medicaments of ...24,172,336.04
Automobiles nes incl ...12,038,642.55
Imports
Natural gas in gaseo ...51,154,736.15
Petroleum oils and o ...23,566,181.08
Petroleum oils, etc, ...21,106,992.75
Other medicaments of ...20,626,272.01
Automobiles nes incl ...12,154,094.15

Tariff and Trade Barriers for Belgium

Tariffs 2022

No. Of Tariff Agreement ...
Simple Average (%) 1.87
Duty Free Imports (US$ Thousand) 121,694,634.25
Maximum Rate (%) 175.99
Weighted Average (%) 0.87
Duty Free Tariff Lines Share (%) 69.99

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)

2022 WDI »
Population11,422,068
GDP (current US$ Mil)578,604
GNI per capita, Atlas method (current US$)48,700.00
Trade Balance (current US$ Mil)-13,986.00
Trade Balance (% of GDP)-2.42

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