1.  Overview the trade of BELGIUM in goods current year until 202106

According to Dalian Infobank, in 202106, BELGIUM's exports and imports of goods amounted to 93088.8805 million, and were up 40.51% comparing with the same period of last year. Among these, exports were up 39.27% at 48029.2348 million, and imports were up 41.86% at 45059.6457 million. And the corresponding trade surplus was 2969.5891 million and up 9.04%.

During the current year until 202106, BELGIUM's total exports and imports of goods were 500105.9281 million and were up 28.32% comparing to the same period of last year. Among these, exports were 258676.0420 million and up 29.58%; imports were 241429.8862 million and up 26.99%. The total trade surplus was 17246.1558 million and up 81.30%.

If considering by country (region), GERMANY, NETHERLANDS, FRANCE, UNITED STATES, ITALY were BELGIUM's top five trading partners. During the current year until 202106, BELGIUM's imports and exports to five countries/territories were 82239.9403 million, 76050.3011 million, 60546.9821 million, 31643.2565 million, 23213.3294 million. These values correspond to 16.44%, 15.21%, 12.11%, 6.33%, 4.64% of BELGIUM's imports and exports, and, respectively, were up 36.00%, up 40.96%, up 33.06%, up 8.88%, up 22.78% comparing to the same period of last year.

Current year until 202106, 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 202106, BELGIUM's exports to these five countries/territories were 48336.0240 million, 36532.2520 million, 30237.5978 million, 16041.2611 million, 14648.8812 million. These values correspond to 18.69%, 14.12%, 11.69%, 6.20%, 5.66% of BELGIUM's exports and, respectively, were up 35.53%, up 33.58%, up 32.44%, up 7.01%, up 7.44% comparing with the same period of last year.

Current year until 202106, 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 202106, BELGIUM's imports from these five countries/territories were 45812.7033 million, 33903.9163 million, 24014.7301 million, 15601.9954 million, 13021.8341 million. These values correspond to 18.98%, 14.04%, 9.95%, 6.46%, 5.39% of BELGIUM's total imports and, respectively, were up 47.21%, up 36.67%, up 32.27%, up 10.88%, up 38.31% comparing with the same period of last year.

During the current year until 202106, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, UNITED KINGDOM, ITALY, POLAND at 14432.1077 million, 12517.5219 million, 6762.1823 million, 2888.7106 million, 2878.2569 million, and up 32.93%, up 36.17%, up 6.44%, down 1.03%, up 83.76%. And the trade deficits were mainly from NETHERLANDS, CHINA, IRELAND, RUSSIA, SWITZERLAND at 15575.1055 million, 8151.0672 million, 6941.5789 million, 1823.3912 million, 1582.1391 million, and up 87.90%, up 72.18%, down 26.21%, up 22.49%, down 27.91%.

Current year until 202106, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202106,  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 68577.7170 million, 53902.2030 million, 47341.1363 million, 37439.5555 million, 31284.4350 million, which were up 20.24%, up 25.20%, up 65.39%, up 28.56%, up 9.64% comparing with the same period of last year and account for 13.71%, 10.78%, 9.47%, 7.49%, 6.26% of BELGIUM's total imports and exports.

During the current year until 202106, 30, 87, 27, 39, 84 were BELGIUM's top five traded commodities, with total import and export values of 42283.5681 million, 27487.5379 million, 19613.7108 million, 19021.2421 million, 17839.9754 million. These values correspond to 16.35%, 10.63%, 7.58%, 7.35%, 6.90% of BELGIUM's total exports and, respectively, were up 36.37%, up 29.79%, up 61.84%, up 41.01%, up 26.72% comparing to the same period of last year.

During the current year until 202106, 27, 87, 30, 84, 29 were BELGIUM's top five traded commodities, with total import values of 27727.4255 million, 26414.6652 million, 26294.1489 million, 19599.5801 million, 16832.4730 million. These values correspond to 11.48%, 10.94%, 10.89%, 8.12%, 6.97% of BELGIUM's total exports and, respectively, were up 67.99%, up 20.76%, up 1.03%, up 30.29%, up 26.14% comparing to the same period of last year.

2. Current year until 202106, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202106, BELGIUM-China binational exports and imports of goods amounted to 17892.6010 million and were up 26.94% comparing with the same period of last year. Among these, exports from BELGIUM to China were 4870.7669 million and up 4.06%, imports from China to BELGIUM were 13021.8341 million and up 38.31%. The total binational trade deficit was 8151.0672 million and up 72.18%.

During the urrent year until 202106, 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 2797.5413 million, 2590.1001 million, 1467.9993 million, 1125.8912 million, 1006.0472 million and makes up 15.64%, 14.48%, 8.20%, 6.29%, 5.62% of the total binational imports and exports. These values were also up 97.72%, up 50.31%, up 56.73%, down 8.56%, up 40.13% comparing to the same period last year.

During the current year until 202106, 30, 84, 39, 44, 29 were the top five traded commodities exported to China from BELGIUM, with export values of 937.0328 million, 587.1577 million, 462.8730 million, 383.7293 million, 294.3075 million. These values account for 19.24%, 12.05%, 9.50%, 7.88%, 6.04% of BELGIUM's total exports and were down 16.84%, up 39.99%, up 31.73%, up 59.13%, up 5.32% comparing to the same period of last year.

During the current year until 202106, 85, 84, 87, 94, 29 were BELGIUM's top five traded commodities importing from China , with import values of 2590.9774 million, 2002.9424 million, 1319.5333 million, 733.0461 million, 681.1145 million. These values account for 19.90%, 15.38%, 10.13%, 5.63%, 5.23% of BELGIUM's total imports and were up 106.45%, up 53.63%, up 65.04%, up 77.92%, up 9.51% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat