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

2021

Overall Exports and Imports

Exports
Exports (in US$ Mil) 386,354
No. Of products 4,481
No. Of partners 231
Imports
Imports (in US$ Mil) 393,655
No. Of products 4,513
No. Of partners 233

Trade Indicator

HH Market concentration index0.08
Index of export market penetration24.92
World Growth12.59
Country Growth14.45

Service Indicators 2021

Service imports (BoP, current US$)135,872,385,486.58
Service exports (BoP, current US$)137,465,122,093.22
Imports of goods and services (% of GDP)85.78
Exports of goods and services (% of GDP)86.83

Belgium top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany65,824 17.04
France53,116 13.75
Netherlands47,638 12.33
United States26,691 6.91
United Kingdom23,950 6.20
Exporter Trade (US$ Mil) Partner share(%)
Netherlands83,001 21.08
Germany63,246 16.07
France40,561 10.30
Ireland21,998 5.59
United States19,271 4.90

Belgium Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials27,929 7.23 58,280 14.80 0.56
Intermediate goods156,266 40.45 122,662 31.16 1.54
Consumer goods141,065 36.51 138,178 35.10 1.52
Capital goods59,243 15.33 73,776 18.74 0.62

Top 5 Products exports imports at HS 6 digit level

Exports
Vaccines for human m ...37,106,037.36
Other medicaments of ...20,436,175.78
Petroleum oils, etc, ...16,607,638.10
Natural gas in gaseo ...10,811,320.07
Automobiles nes incl ...10,521,070.45
Imports
Petroleum oils and o ...17,523,296.11
Vaccines for human m ...17,072,531.57
Natural gas in gaseo ...16,319,712.03
Other medicaments of ...14,921,180.04
Petroleum oils, etc, ...12,119,894.40

Tariff and Trade Barriers for Belgium

Tariffs 2021

No. Of Tariff Agreement ...
Simple Average (%) 2.12
Duty Free Imports (US$ Thousand) 79,010,681.04
Maximum Rate (%) 275.48
Weighted Average (%) 1.17
Duty Free Tariff Lines Share (%) 63.42

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)

2021 WDI »
Population11,422,068
GDP (current US$ Mil)594,352
GNI per capita, Atlas method (current US$)50,530.00
Trade Balance (current US$ Mil)6,247.00
Trade Balance (% of GDP)1.05

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