Belgium Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

Belgian trade surplus narrowed to €887.1 million in March 2017 from €2308.5 million in the corresponding month of the previous year, as imports jumped 7.1 percent year-on-year to €31.3 billion, boosted by higher purchases from the EU (6 percent) and non-EU countries (8.9 percent). Meanwhile, exports rose at a much slower 2 percent to €32.2 billion, as sales to the EU fell 2.5 percent while those to countries outside the EU climbed 14 percent. In the first quarter of the year, the trade surplus narrowed to €3.3 billion from €5.7 billion in the same period of 2016. Balance of Trade in Belgium averaged 1077.64 EUR Million from 1993 until 2017, reaching an all time high of 2896.60 EUR Million in September of 2013 and a record low of -1026.60 EUR Million in August of 2008.

Belgium Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-15 02:20 PM Jan €208.3M €2134.7M €2112M
2017-04-18 02:00 PM Feb €2241.4M €541.6M €1005M
2017-05-15 02:00 PM Mar €887.1M €1899.7M €2551M
2017-06-15 02:00 PM Apr €887.1M
2017-07-14 02:00 PM May
2017-08-14 02:00 PM Jun




Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 887.10 1899.70 2896.60 -1026.60 EUR Million [+]
Exports 32224.50 30773.00 32937.50 7331.30 EUR Million [+]
Imports 31337.40 28873.30 31559.90 6975.70 EUR Million [+]
Current Account -1671.00 -2153.00 9875.00 -4700.00 EUR Million [+]
Current Account to GDP 1.60 -0.20 5.50 -4.00 percent [+]
Terms of Trade 97.00 95.87 106.90 94.70 Index Points [+]
Capital Flows -601.00 317.00 6223.00 -13716.00 EUR Million [+]
Remittances 1541.00 1422.00 1646.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Foreign Direct Investment 36297.00 6231.00 36297.00 -11660.00 EUR Million [+]
External Debt 1115985.00 1130396.00 1264535.00 923263.00 EUR Million [+]
Weapons Sales 13.00 11.00 243.00 1.00 USD Million [+]
Terrorism Index 1.25 1.98 2.34 0.41 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Belgium Balance of Trade Notes

Foreign trade accounts for approximately 70 percent of the Belgium's economy. About 80% of Belgium's trade is with fellow EU member states. The major export commodity in Belgium is the automobile, medicament mixtures put in dosage, not mounted or set diamonds. Belgium imports mainly machinery and equipment, chemicals, diamonds, pharmaceuticals, foodstuffs, transportation equipment and oil products. This page provides - Belgium Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
887.10 1899.70 2896.60 -1026.60 1993 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17