+32 2 206 35 78, Dennis Gijsbrechts Belgium’s BE: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. Table reflects only those months for which there was trade. The major export commodity in Belgium is the automobile, medicament mixtures put in dosage, not mounted or set diamonds. After the first six months of 2020, Belgium ran a foreign trade surplus of roughly EUR 9.2 billion, which is EUR 3.6 billion more than after the first semester of 2019. Source: OECD-WTO Trade in Value Added Data and OECD AMNE statistics Figure 10. Economic Indicators for Belgium including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Belgium … Belgium imports mainly machinery and equipment, chemicals, diamonds, pharmaceuticals, foodstuffs, transportation equipment and oil products. In some parts of the country the temperature raises up to 24 °C. Belgium import statistics show that Belgium imported vehicles the most in 2019, which shared 13% value to total imports. The Belgian economy also is inextricably tied to that of Europe. Belgium's economy is dependent on international trade. HS Code 87 HS Code 87 HS Code 27 HS Code 27 HS Code 30 HS Code 30 HS … dollars. Belgium and the WTO. A distinction is made between movements of goods between EU Member States (Intrastat), on the one hand, and trade flows with countries that do not belong to the European Union, on the other, (Extrastat). A positive trade balance signifies a trade … Export from Israel to Belgium did not change significantly and was 2.5 Billion USD. Discover all statistics and data on Belgium now on statista.com! See how Belgium ranks in US News Best Countries. The Netherlands are still Belgium’s number one supplier. Created with Highcharts 6.0.7 Germany Germany France France Netherlands Netherlands United Kingdom United Kingdom United States United States. At regional level, there were 324 bankruptcies in Flanders, 168 in Wallonia and 121 in Brussels. The Trading Economics Application Programming Interface (API) provides direct access to our data. Belgium – Statistics Belgium. Belgium trade statistics which is based on Belgium customs data covers export details of all ICDs, air and sea ports. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Quarterly International Trade Statistics - Exports. Details may not equal totals due to rounding. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. BELGIUM TRADE AND INVESTMENT STATISTICAL NOTE Over one-third (34% in 2014) of economic activity (GDP) in Belgium depends on foreign markets, around the same as in the Netherlands and Austria. Table reflects only those months for which there was trade. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Trade Statistics. Germany remained in second place with imports amounting to EUR 22.1 billion, which is a drop of 15.1% (-EUR 3.9 billion) when compared to the same period a year earlier. France held on to second place with exports amounting to EUR 24.4 billion. Given this high percentage, it seeks to diversify and expand trade opportunities with non-EU countries. Overview: In May 2020 Belgium exported €18.3B and imported €18.2B, resulting in a positive trade balance of €135M. The Belgian Foreign Trade Agency (BFTA) is responsible for gathering, processing and disseminating comparative national and international statistics. ー The above data is for the last one year. Details may not equal totals due to rounding. Data are classified using the Harmonized System of trade at the six- or eight-digit level. COUNTRY & TRADE STATISTICS. Belgium has been a WTO member since 1 January 1995 and a member of GATT since 1 January 1948. This page gathers information on Belgium's participation in the WTO. Download historical data for 20 million indicators using your browser. (212) 419-8286. hadley.ward@statista.com. 28 August 2020 - New indicators: merchandise trade indices (2015=100) and volume growth in annual percentage rate. Tourism Statistics Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product. Belgium trade to gdp ratio for 2019 was 163.29%, a 2.13% decline from 2018. Total Imports (2018) $450,388,977,141. Data, policy advice and research on Belgium including economy, education, employment, environment, health, tax, trade, GDP, unemployment rate, inflation and PISA. Israel- Belgium Trade Statistics for 2016. In comparison to a year earlier, exports had decreased by 15.0% (-EUR 4.3 billion). Finally, Belgian exports to the Netherlands have dropped by 15.8% (-EUR 3.8 billion) in value to EUR 20.3 billion after the first semester of 2020. For more information, please use the History Data ー 2020 : U.S. trade in goods with Belgium . It is a member State of the European Union (more info). Belgium-Luxembourg Trade Statistics including exports and imports by partner and products, tariffs and relevant development indicators. As from April 2015, a new method is used to calculate final statistics. Trade balance is the value of exported goods minus the value of imported goods. This makes Belgium particularly sensitive to disruptions in global trade. Foreign trade data are used for identifying country’s trade partners and principle exports and imports. The Belgian Foreign Trade Agency publishes also an annual brochure with key data relating to Belgium’s foreign trade. It is a member State of the European Union (more info). Total Trade [1] Total Exports (2018) $466,653,579,977. The Belgian authorities are, as a rule, anti-protectionist and try to maintain a hospitable and open trade and investment climate. Given this high percentage, it seeks to diversify and expand trade opportunities with non-EU countries. 1993-2020 Data | 2021-2022 Forecast | Calendar | Historical. Belarus – National Statistical Committee of the Republic of Belarus. Main economic indicators, GDP by sector, trade in goods, trade in commercial services, foreign direct investment, imports and exports with the world, ranking, trade balance. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. In a joint effort to harmonize international trade in services statistics, the International Trade Centre (ITC), World Trade Organization (WTO) and United Nations Conference for Trade And Development (UNCTAD) publish simultaneously the same yearly trade data in their respective databases. LOCATION & GEOGRAPHY: Belgium is located in North West Europe. Christelle Charlier In 2016, the value of import from Belgium to Israel was 3.9 billion USD, an increase of 19.5% compared to 2015, according to Israel’s Central Bureau of Statistics. Depending on the season, the average daytime temperatures range between 6 and 23 degrees. A study based on data from 1999 concluded that minors of non-European nationality were overrepresented in crime statistics. In 2010 Belgian GDP grew by 2.1%, the unemployment rate fell slightly, and the government reduced the budget deficit, which had worsened in 2008 and 2009 because of large-scale bail-outs in the financial sector. With roughly EUR 31.9 billion, Germany remained our number one client after the first six months of 2020.  However,  exports  to  this  country  were down by 15.3% (-EUR 5.8 billion) when compared to the same period a year earlier. Try our corporate solution for free! International Trade by Commodity Statistics, Volume 2019 Issue 3 Publication (2019) International Trade by Commodity Statistics, Volume 2018 Issue 2 Publication (2018) Global Forum on Transparency and Exchange of Information for Tax Purposes: Belgium 2018 (Second Round) Publication (2018) ... Trade balance of Belgium 2019. Population: 11,433,256 (2018) Population Growth Rate: 0.509 annual % (2018) Age Dependency Ratio: 55.87 % of working-age population (2018) Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. 10 July 2020 - Data updates for 2019 on trade in commercial services and foreign affiliates statistics. 23 September 2020 - Total annual merchandise trade values and annual merchandise export and import indices were updated. Bangladesh – Bangladesh Bureau of Statistics. Roughly three-quarters of Belgium's trade is with other EU countries, and Belgium has benefited most from its proximity to Germany. International Trade Analystdennis.gijsbrechts@abh-ace.be Get Belgium export statistics and know total export value, top trading partners and what does Belgium exports the most. Annual International Trade Statistics by Country From year-to-year, foreign trade accounts for approximately 70 percent of the nation's economy. Belgium trade data shows percentage share of these countries recorded in 2019. The country also managed to gain market share, because of the fact that, percentage-wise, its exports were above the EU average. Meanwhile, France held on to third place with EUR 15.9 billion (-18.2% or -EUR 3.5 billion). South–South trade has recovered above its 2014 levels. By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. 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