Belgium Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Belgium

Belgium

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

513 087 46 258 -0.7 37 715 81.5

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

10 11 -

Imports

12 11 -

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 419 892 396 132 2020 2.38

Share in world total exports (%)

2010-2020 0 0

2019 -5 -6

2020 -6 -7 2020 2.22

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 11.3

Fuels and mining products: 11.7

Agricultural products: 10.1

Fuels and mining products: 15.9

Manufactures: 76.3

Other: 0.7

Manufactures: 73.6

Other: 0.4

By main destination, % (2020)

By main origin, % (2020)

European Union: 63 United Kingdom: 6 India: 1.6

United States of America: 8.6 China: 2.5 Other: 18.3

European Union: 66.5 United Kingdom: 3.8 Japan: 3

United States of America: 5.3 China: 3.7 Other: 17.6

Agricultural Products Value

Top exported products (Million US$) HS1806 HS2004 HS2203 HS1905 HS2309

2020 . 2 504 2 094 1 974 1 765 1 518

Chocolate and other cocoa food Other vegetables,frozen Beer made from malt Bread, pastry, other bakers' wares Preparations of a kind used in animal feeding

Value

Top imported products (Million US$) HS0406 HS2309 HS2204 HS1905 HS1001

2020

Cheese and curd Preparations of a kind used in animal feeding Wine of fresh grapes Bread, pastry, other bakers' wares Wheat and meslin

1 565 1 055 1 050 1 012 820

Share in economy's trade in agricultural products Exports 0%

5%

Imports 10%

0%

HS1806

HS0406

HS2004

HS2309

HS2203

HS2204

HS1905

HS1905

HS2309

HS1001

2%

4%

6%

Million US$ Exports Imports

Value

2020 36 583 32 577

Annual percentage change

2010-2020 2 2

2019 -2 -6

2020 1 6

Non-Agricultural Products Value

Top exported products (Million US$) HS3004 HS8703 HS3002 HS2710 HS7102

2020

Medicaments in measured doses Motor cars for transport of persons Human and animal blood Petroleum oils, other than crude Diamonds, whether or not worked

24 113 22 768 20 677 10 467 8 176

Value

Top imported products (Million US$) HS8703 HS3004 HS3002 HS2709 HS2710

2020

Motor cars for transport of persons Medicaments in measured doses Human and animal blood Petroleum oils, crude Petroleum oils, other than crude

21 904 19 854 16 711 8 768 8 416

Share in economy's trade in non-agricultural products Exports 0%

38

5%

Imports 10%

0%

HS3004

HS8703

HS8703

HS3004

HS3002

HS3002

HS2710

HS2709

HS7102

HS2710

5%

10%

Million US$ Exports Imports

Value

2020 259 877 268 198

Annual percentage change

2010-2020 1 1

2019 -4 -7

2020 -5 -6

World Trade Organization – Trade Profiles 2021


Belgium TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020

2010-2020

113 459 115 242 2020 2.31

Share in world total exports (%) Breakdown in economy's total exports

2019

2020

-2 -2

-5 -6

2 3

2020 2.51

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 20.6 Other commercial services: 69.7

Travel: 5.8 Goods-related services: 3.9

Transport: 20.9 Other commercial services: 64

By main destination, % (2020)

Travel: 11.5 Goods-related services: 3.6

By main origin, % (2020)

European Union: 62.4 United States of America: 7.7 China: 1.2

United Kingdom: 8.7 Switzerland: 7.2 Other: 12.9

European Union: 69.8 United States of America: 6.6 Japan: 1.2

Value

FATS sales Inward (million US$) Outward (million US$)

United Kingdom: 10.3 Switzerland: 3.1 Other: 9.1

Annual percentage change

2018 58 736 57 086

2010-2018 -7 12

2017 na 10

2018 na 61

Transport Belgium

200

World

100 0

2010

2013

2016

2020

Transport exports (Index 2010=100)

Value

Million US$ Exports Imports

2020 23 416 24 097

Exports By sea (2020) By air (2020) By other (2020)

Value

Share (%)

8 328 2 612 11 385

35.6 11.2 48.6

2010-2020 -1 1

Annual percentage change 2019 -5 -7

Imports By sea (2020) By air (2020) By other (2020)

2020 -6 -8

Value

Share (%)

7 205 2 471 13 953

29.9 10.3 57.9

Travel Belgium

200

World

Value

Million US$ Exports Imports

100 0

2010

2013

2016

2020 6 586 13 272

2010-2020 -5 -3

Annual percentage change 2019 0 1

2020 -26 -29

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Exports of OCS by main item (2020)

14.4 18.5

55.4

Value

2020

2010-2020

Other commercial services Exports 79 087 Imports 73 714

Other business services ICTs

11.7

Million US$

Financial services Other

4 5

2020

Goods-related services Exports Imports

Annual percentage change

2010-2020

4 370 4 159

-2 14

2019

2020

-1 -1

-2 1

2019

2020

-10 1

-6 -5

INDUSTRIAL PROPERTY Patent applications, 2019 Residents

876

Non-residents

257

Trademark applications Total

1 133

World Trade Organization – Trade Profiles 2021

Residents

na

Industrial design applications

Non-residents

na

Total

na

Residents

na

Non-residents

na

Total

na

39


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