Overall Exports and Imports for Belgium 2021
- The total value of exports (FOB) is US$ 386,354 million.
- The total value of imports (CIF) is US$ 393,655 million.
- At the HS6 digit level, 4,481 products are exported to 231 countries and 4,513 products are imported from 233 countries.
Top 5 Products exports imports at HS 6 digit level 2021
The top five exported HS 6 digit level products to world by Belgium along with trade value are:
- Belgium exported Vaccines for human medicine , worth US$ 37,106,037.36 million.
- Belgium exported Other medicaments of mixed or unmixed products, , worth US$ 20,436,175.78 million.
- Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 16,607,638.10 million.
- Belgium exported Natural gas in gaseous state , worth US$ 10,811,320.07 million.
- Belgium exported Automobiles nes including gas turbine powered , worth US$ 10,521,070.45 million.
The top five imported HS 6 digit level products from world by Belgium along with trade value are
- Belgium imported Petroleum oils and oils obtained from bituminou , worth US$ 17,523,296.11 million.
- Belgium imported Vaccines for human medicine , worth US$ 17,072,531.57 million.
- Belgium imported Natural gas in gaseous state , worth US$ 16,319,712.03 million.
- Belgium imported Other medicaments of mixed or unmixed products, , worth US$ 14,921,180.04 million.
- Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 12,119,894.40 million.
Belgium top 5 Export and Import partners 2021
The top five countries to which Belgium exported 2021 along with the partner share in percentage are:
- Belgium exports to Germany worth US$ 65,824 million, with a partner share of 17.04 percent.
- Belgium exports to France worth US$ 53,116 million, with a partner share of 13.75 percent.
- Belgium exports to Netherlands worth US$ 47,638 million, with a partner share of 12.33 percent.
- Belgium exports to United States worth US$ 26,691 million, with a partner share of 6.91 percent.
- Belgium exports to United Kingdom worth US$ 23,950 million, with a partner share of 6.20 percent.
The top five countries to which Belgium imported goods 2021 along with the share in percentage are
- Belgium imports from Netherlands worth US$ 83,001 million, with a partner share of 21.08 percent.
- Belgium imports from Germany worth US$ 63,246 million, with a partner share of 16.07 percent.
- Belgium imports from France worth US$ 40,561 million, with a partner share of 10.30 percent.
- Belgium imports from Ireland worth US$ 21,998 million, with a partner share of 5.59 percent.
- Belgium imports from United States worth US$ 19,271 million, with a partner share of 4.90 percent.
Belgium Exports and Imports of Product Groups 2021
Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.
- Belgium Raw materials exports are worth US$ 27,929 million, product share of 7.23%.
- Belgium Raw materials imports are worth US$ 58,280 million, product share of 14.80%.
- Belgium Intermediate goods exports are worth US$ 156,266 million, product share of 40.45%.
- Belgium Intermediate goods imports are worth US$ 122,662 million, product share of 31.16%.
- Belgium Consumer goods exports are worth US$ 141,065 million, product share of 36.51%.
- Belgium Consumer goods imports are worth US$ 138,178 million, product share of 35.10%.
- Belgium Capital goods exports are worth US$ 59,243 million, product share of 15.33%.
- Belgium Capital goods imports are worth US$ 73,776 million, product share of 18.74%.
Belgium Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.08.
- Index of export market penetration is 0.08.
- World Growth in percentage is 0.08 and Belgium Country Growth is 14.45.
Belgium Service Trade data from WDI 2021
- Belgium, Service imports (BoP, current US$) is 135,872,385,486.58.
- Belgium, Service exports (BoP, current US$) is 137,465,122,093.22.
- Belgium, Imports of goods and services as percentage of GDP is 85.78 %.
- Belgium, Exports of goods and services as percentage of GDP is 86.83 %.