Belgium Terms of Trade - Forecast

Terms of Trade in Belgium is expected to be 98.71 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Belgium to stand at 99.47 in 12 months time. In the long-term, the Belgium Terms of Trade is projected to trend around 100.38 Index Points in 2020, according to our econometric models.


Belgium Terms of Trade
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Belgium Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 142 1519 1300 1157 1190 1090
Exports 29114 31347 31424 31124 30963 30086
Imports 28973 29377 29410 29350 29274 28407
Current Account -1691 381 394 394 394 394
Current Account to GDP -0.4 2 2 2 2 2.3
Terms of Trade 100 98.71 99.07 99.3 99.47 100
Capital Flows 1331 859 202 405 752 622
Remittances 1246 1263 1275 1277 1282 1304
Gold Reserves 227 228 228 228 229 231
Terrorism Index 4.66 1.85 1.79 1.73 1.67 1.14
Weapons Sales 13 42.46 40.88 39.3 37.72 49.39
Foreign Direct Investment -11833 -745 -2557 -1728 2792 6452
External Debt 1127114 1074604 1056876 1045375 1046120 1067196