1.  Overview the trade of BELGIUM in goods current year until 202105

According to Dalian Infobank, in 202105, BELGIUM's exports and imports of goods amounted to 85473.3384 million, and were up 55.72% comparing with the same period of last year. Among these, exports were up 57.16% at 43909.0238 million, and imports were up 54.22% at 41564.3145 million. And the corresponding trade surplus was 2344.7093 million and up 137.44%.

During the current year until 202105, BELGIUM's total exports and imports of goods were 407017.0476 million and were up 25.82% comparing to the same period of last year. Among these, exports were 210646.8071 million and up 27.56%; imports were 196370.2405 million and up 24.01%. The total trade surplus was 14276.5667 million and up 110.29%.

If considering by country (region), GERMANY, NETHERLANDS, FRANCE, UNITED STATES, ITALY were BELGIUM's top five trading partners. During the current year until 202105, BELGIUM's imports and exports to five countries/territories were 65720.5923 million, 62273.2496 million, 49485.6499 million, 25958.9524 million, 19228.5966 million. These values correspond to 16.15%, 15.30%, 12.16%, 6.38%, 4.72% of BELGIUM's imports and exports, and, respectively, were up 31.53%, up 39.04%, up 32.37%, up 5.49%, up 23.74% comparing to the same period of last year.

Current year until 202105, BELGIUM and the top five trade partners GERMANY, FRANCE, NETHERLANDS, UNITED STATES, UNITED KINGDOM are the top five countries/territories that BELGIUM exports to in terms of the total export amount. During the current year until 202105, BELGIUM's exports to these five countries/territories were 38455.3795 million, 29921.1493 million, 24714.8432 million, 13236.0172 million, 11747.8368 million. These values correspond to 18.26%, 14.20%, 11.73%, 6.28%, 5.58% of BELGIUM's exports and, respectively, were up 30.58%, up 34.19%, up 31.92%, up 4.37%, up 3.69% comparing with the same period of last year.

Current year until 202105, BELGIUM's exports to top five countries/territories NETHERLANDS, GERMANY, FRANCE, UNITED STATES, CHINA are the top five countries/territories that BELGIUM imports from in terms of the total export amount. During the current year until 202105, BELGIUM's imports from these five countries/territories were 37558.4064 million, 27265.2128 million, 19564.5005 million, 12722.9352 million, 10578.6855 million. These values correspond to 19.13%, 13.88%, 9.96%, 6.48%, 5.39% of BELGIUM's total imports and, respectively, were up 44.16%, up 32.89%, up 29.68%, up 6.69%, up 41.66% comparing with the same period of last year.

During the current year until 202105, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, UNITED KINGDOM, LUXEMBOURG, POLAND at 11190.1667 million, 10356.6488 million, 5276.0352 million, 2362.3313 million, 2359.2818 million, and up 25.28%, up 43.62%, down 0.85%, up 33.54%, up 77.21%. And the trade deficits were mainly from NETHERLANDS, CHINA, IRELAND, JAPAN, RUSSIA at 12843.5633 million, 6606.2167 million, 5597.5587 million, 1394.9794 million, 1241.2112 million, and up 75.52%, up 81.44%, down 22.71%, down 54.91%, down 16.69%.

Current year until 202105, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202105,  commodities with hs2 codes, 30, 87, 27, 84, 29, were BELGIUM's top five traded commodities. They correspond to the import and export values of 55159.9145 million, 44231.3660 million, 38987.0516 million, 30612.7138 million, 24867.2189 million, which were up 17.17%, up 26.38%, up 56.85%, up 27.57%, up 4.12% comparing with the same period of last year and account for 13.55%, 10.87%, 9.58%, 7.52%, 6.11% of BELGIUM's total imports and exports.

During the current year until 202105, 30, 87, 27, 39, 84 were BELGIUM's top five traded commodities, with total import and export values of 34247.8182 million, 22501.9134 million, 16247.8651 million, 15498.5942 million, 14567.5771 million. These values correspond to 16.26%, 10.68%, 7.71%, 7.36%, 6.92% of BELGIUM's total exports and, respectively, were up 33.67%, up 32.09%, up 55.47%, up 37.31%, up 26.35% comparing to the same period of last year.

During the current year until 202105, 27, 87, 30, 84, 29 were BELGIUM's top five traded commodities, with total import values of 22739.1865 million, 21729.4526 million, 20912.0963 million, 16045.1367 million, 13487.6547 million. These values correspond to 11.58%, 11.07%, 10.65%, 8.17%, 6.87% of BELGIUM's total exports and, respectively, were up 57.85%, up 20.96%, down 2.53%, up 28.69%, up 18.56% comparing to the same period of last year.

2. Current year until 202105, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202105, BELGIUM-China binational exports and imports of goods amounted to 14551.1544 million and were up 28.83% comparing with the same period of last year. Among these, exports from BELGIUM to China were 3972.4689 million and up 3.81%, imports from China to BELGIUM were 10578.6855 million and up 41.66%. The total binational trade deficit was 6606.2167 million and up 81.44%.

During the urrent year until 202105, commodities with hs2 code, 85, 84, 87, 30, 39, were binational trade's top five traded commodities. They correspond to import and export values of 2290.6561 million, 2111.8442 million, 1096.9727 million, 852.5675 million, 817.9229 million and makes up 15.74%, 14.51%, 7.54%, 5.86%, 5.62% of the total binational imports and exports. These values were also up 104.37%, up 49.97%, up 55.73%, down 13.68%, up 44.04% comparing to the same period last year.

During the current year until 202105, 30, 84, 39, 44, 29 were the top five traded commodities exported to China from BELGIUM, with export values of 702.6440 million, 474.4903 million, 381.9886 million, 297.7072 million, 272.5858 million. These values account for 17.69%, 11.94%, 9.62%, 7.49%, 6.86% of BELGIUM's total exports and were down 22.43%, up 33.53%, up 33.49%, up 52.99%, up 14.08% comparing to the same period of last year.

During the current year until 202105, 85, 84, 87, 94, 29 were BELGIUM's top five traded commodities importing from China , with import values of 2124.1815 million, 1637.3539 million, 970.6985 million, 606.6165 million, 531.1520 million. These values account for 20.08%, 15.48%, 9.18%, 5.73%, 5.02% of BELGIUM's total imports and were up 114.67%, up 55.52%, up 60.51%, up 86.84%, up 3.27% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat