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

2019

Overall Exports and Imports

Exports
Exports (in US$ Mil) 445,214
No. Of products 4,498
No. Of partners 229
Imports
Imports (in US$ Mil) 426,489
No. Of products 4,524
No. Of partners 231

Trade Indicator

HH Market concentration index0.07
Index of export market penetration23.96
World Growth-1.13
Country Growth-3.04

Service Indicators 2019

Service imports (BoP, current US$)122,530,000,000.00
Service exports (BoP, current US$)121,928,000,000.00
Imports of goods and services (% of GDP)81.22
Exports of goods and services (% of GDP)81.84

Belgium top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany79,659 17.89
France62,674 14.08
Netherlands53,670 12.05
United Kingdom33,862 7.61
United States27,650 6.21
Exporter Trade (US$ Mil) Partner share(%)
Netherlands74,084 17.37
Germany56,401 13.22
France41,546 9.74
United States32,141 7.54
Ireland19,245 4.51

Belgium Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials30,665 6.89 56,315 13.20 0.62
Intermediate goods153,567 34.49 121,567 28.50 2.27
Consumer goods187,849 42.19 167,868 39.36 4.00
Capital goods71,783 16.12 79,702 18.69 1.08

Top 5 Products exports imports at HS 6 digit level

Exports
Petroleum oils, etc, ...27,333,999.32
Other medicaments of ...22,266,759.44
Human and animal blo ...12,640,493.15
Automobiles with rec ...11,202,326.11
Vaccines for human m ...9,384,665.31
Imports
Petroleum oils, etc, ...19,741,249.04
Other medicaments of ...18,919,177.77
Petroleum oils and o ...18,451,320.18
Human and animal blo ...12,427,623.93
Automobiles with die ...8,343,497.71

Tariff and Trade Barriers for Belgium

Tariffs 2019

No. Of Tariff Agreement ...
Simple Average (%) 2.46
Duty Free Imports (US$ Thousand) 79,703,471.54
Maximum Rate (%) 3,000
Weighted Average (%) 2.47
Duty Free Tariff Lines Share (%) 57.95

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)

2019 WDI »
Population11,422,068
GDP (current US$ Mil)533,097
GNI per capita, Atlas method (current US$)47,950.00
Trade Balance (current US$ Mil)3,284.00
Trade Balance (% of GDP)0.62

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