Exporting to Belgium

Belgium Export Guide | Trade Finance Global

Exporting to Belgium

Belgium is the thirteenth largest export economy and they export over $380B and import around $470B, and so there is a relatively large negative trade balance. Belgium is a small and multicultural country. English is widely spoken with low barriers to market entry and there are large international organisations, such as the European Union (EU) and North Atlantic Treaty Organisation (NATO). Belgium has a strategic geographic location, an open economy; it is an early adopter of new technologies with an excellent transport network.

The main export destinations of Belgium-Luxembourg are Germany (around $57B), France ($55B), the Netherlands ($53B), the United Kingdom (around $31B) and Italy (around $20B). The main import countries of origin are the Netherlands (around $93B), Germany (above $65B), France (above $50B), the United States (around $34B) and the United Kingdom ($25B). The products that are the top exports of Belgium-Luxembourg are cars (around $23B), refined petroleum (around $41B), packaged medicaments (around $19B), petroleum gas (around $16B) and diamonds (around $15B).

Exporting to Belgium? Contact our local experts


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Country Profile

CapitalBrussels
Population
Area 30,528  km2 (11,787 sq mi)
km2 (136th)
Currency Euro (EUR)
GDP
Languages Dutch, French, German

Belgium: Imports Profile

Imports from Belgium

Imports from Belgium: $251.7 billion
Import commodities:Raw materials, machinery and equipment, chemicals, raw diamonds, pharmaceuticals, foodstuffs, transport equipment, oil products
Top import destinations:Netherlands 21.8%, Germany 13.9%, France 10.4%, United Kingdom 6.2%, China 5.6%, Ireland 4.8% (2013 est.)
GDP growth (annual %)

Importing from Belgium? Contact our local experts


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Country Profile

CapitalBrussels
Population
Area 30,528  km2 (11,787 sq mi)
km2 (136th)
Currency Euro (EUR)
GDP
Languages Dutch, French, German

1

Econ Complexity 16th of 89
1980
2016

$394B

Exports 11th of 120
1980
2016

$371B

Imports 13th of 120
1980
2016

$46.4k

GDP Per Capita 12th of 89
1990
2016
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