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

Belgium posted a trade surplus of EUR 222.7 million in August 2017, compared with a EUR 817.5 million deficit in the same month a year earlier. Exports rose 4.2 percent to EUR 29.34 billion as sales to the EU grew 3 percent and those to countries outside the EU jumped 7.3 percent. Meanwhile, imports went up at a slower 0.5 percent to EUR 29.12 billion, as purchases from the EU edged up 0.1 percent and those from countries outside the EU increased 1.2 percent. In the first eight months of the year, the trade surplus widened to EUR 10.97 billion from EUR 10.74 billion in the same period of 2016. Balance of Trade in Belgium averaged 1055.35 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 Actual Previous Consensus TEForecast
2017-08-14 02:00 PM Balance of Trade €2225.5M €2577.1M €2151M
2017-09-19 01:00 PM Balance of Trade €3847.8M €2740.1M €2560M
2017-10-16 02:00 PM Balance of Trade €222.7M €2242.6M €551M
2017-11-15 03:00 PM Balance of Trade €222.7M
2017-12-15 03:00 PM Balance of Trade


Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 222.70 2242.60 2896.60 -1026.60 EUR Million [+]
Exports 29344.40 29977.00 36428.90 7331.30 EUR Million [+]
Imports 29121.70 27734.40 34387.40 6975.70 EUR Million [+]
Current Account -897.00 -2466.00 6029.00 -3864.00 EUR Million [+]
Current Account to GDP -0.40 0.40 5.50 -4.00 percent [+]
Terms of Trade 100.42 98.52 106.90 94.70 Index Points [+]
Capital Flows -3832.00 854.00 6223.00 -13716.00 EUR Million [+]
Remittances 1389.00 1541.00 1646.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Foreign Direct Investment -3074.00 36297.00 36297.00 -11660.00 EUR Million [+]
External Debt 1162794.00 1120441.00 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

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
222.70 2242.60 2896.60 -1026.60 1993 - 2017 EUR Million Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 286.10 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 670.17 Sep/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -3226685.00 Aug/17
Switzerland 2917.62 Sep/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17