Overall Exports and Imports for Belgium 2023
- The total value of exports (FOB) is US$ 393,158 million.
- The total value of imports (CIF) is US$ 415,137 million.
- At the HS6 digit level, 4,466 products are exported to 229 countries and 4,487 products are imported from 227 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Belgium along with trade value are:
- Belgium exported Petroleum oils, etc, (excl. crude); preparation , worth 29,190,063.46 (US$ Thousands).
- Belgium exported Other medicaments of mixed or unmixed products, , worth 25,096,625.54 (US$ Thousands).
- Belgium exported Vaccines for human medicine , worth 18,301,309.44 (US$ Thousands).
- Belgium exported Automobiles nes including gas turbine powered , worth 16,040,874.39 (US$ Thousands).
- Belgium exported Natural gas in gaseous state , worth 15,668,087.77 (US$ Thousands).
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 21,980,491.69 (US$ Thousands).
- Belgium imported Other medicaments of mixed or unmixed products, , worth 19,318,641.37 (US$ Thousands).
- Belgium imported Natural gas in gaseous state , worth 18,313,741.17 (US$ Thousands).
- Belgium imported Automobiles nes including gas turbine powered , worth 17,516,696.35 (US$ Thousands).
- Belgium imported Petroleum oils, etc, (excl. crude); preparation , worth 16,407,838.63 (US$ Thousands).
Belgium top 5 Export and Import partners 2023
The top five countries to which Belgium exported 2023 along with the partner share in percentage are:
- Belgium exports to Germany worth US$ 64,055 million, with a partner share of 16.29 percent.
- Belgium exports to Netherlands worth US$ 52,931 million, with a partner share of 13.46 percent.
- Belgium exports to France worth US$ 49,739 million, with a partner share of 12.65 percent.
- Belgium exports to United States worth US$ 27,717 million, with a partner share of 7.05 percent.
- Belgium exports to United Kingdom worth US$ 23,389 million, with a partner share of 5.95 percent.
The top five countries to which Belgium imported goods 2023 along with the share in percentage are
- Belgium imports from Netherlands worth US$ 87,949 million, with a partner share of 21.19 percent.
- Belgium imports from Germany worth US$ 52,015 million, with a partner share of 12.53 percent.
- Belgium imports from France worth US$ 48,085 million, with a partner share of 11.58 percent.
- Belgium imports from United States worth US$ 27,982 million, with a partner share of 6.74 percent.
- Belgium imports from Ireland worth US$ 18,673 million, with a partner share of 4.50 percent.
Belgium Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Belgium Raw materials exports are worth US$ 24,626 million, product share of 6.26%.
- Belgium Raw materials imports are worth US$ 55,691 million, product share of 13.42%.
- Belgium Intermediate goods exports are worth US$ 129,643 million, product share of 32.97%.
- Belgium Intermediate goods imports are worth US$ 115,287 million, product share of 27.77%.
- Belgium Consumer goods exports are worth US$ 173,517 million, product share of 44.13%.
- Belgium Consumer goods imports are worth US$ 163,233 million, product share of 39.32%.
- Belgium Capital goods exports are worth US$ 62,715 million, product share of 15.95%.
- Belgium Capital goods imports are worth US$ 79,890 million, product share of 19.24%.
Belgium Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.09.
- Index of export market penetration is 0.09.
- World Growth in percentage is 0.09 and Belgium Country Growth is -4.52.
Belgium Service Trade data from WDI 2023
- Belgium, Service imports (BoP, current US$) is 159,511,471,872.45.
- Belgium, Service exports (BoP, current US$) is 152,571,052,376.60.
- Belgium, Imports of goods and services as percentage of GDP is 84.78 %.
- Belgium, Exports of goods and services as percentage of GDP is 84.18 %.