1.  Overview the trade of BELGIUM in goods current year until 202107

According to Dalian Infobank, in 202107, BELGIUM's exports and imports of goods amounted to 80942.1989 million, and were up 22.91% comparing with the same period of last year. Among these, exports were up 22.18% at 41750.7650 million, and imports were up 23.70% at 39191.4339 million. And the corresponding trade surplus was 2559.3311 million and up 2.80%.

During the current year until 202107, BELGIUM's total exports and imports of goods were 583667.9640 million and were up 28.11% comparing to the same period of last year. Among these, exports were 300931.2586 million and up 28.72%; imports were 282736.7054 million and up 27.48%. The total trade surplus was 18194.5533 million and up 51.60%.

If considering by country (region), GERMANY, NETHERLANDS, FRANCE, INTRA-EU, UNITED STATES were BELGIUM's top five trading partners. During the current year until 202107, BELGIUM's imports and exports to five countries/territories were 83243.7797 million, 76446.0178 million, 61276.8986 million, 54381.2000 million, 36585.8443 million. These values correspond to 14.26%, 13.10%, 10.50%, 9.32%, 6.27% of BELGIUM's imports and exports, and, respectively, were up 17.42%, up 21.76%, up 14.38%, 0, up 9.81% comparing to the same period of last year.

Current year until 202107, BELGIUM and the top five trade partners GERMANY, FRANCE, NETHERLANDS, INTRA-EU, UNITED STATES are the top five countries/territories that BELGIUM exports to in terms of the total export amount. During the current year until 202107, BELGIUM's exports to these five countries/territories were 49027.8176 million, 36546.0901 million, 30262.9286 million, 29082.1200 million, 18628.6918 million. These values correspond to 16.29%, 12.14%, 10.06%, 9.66%, 6.19% of BELGIUM's exports and, respectively, were up 17.97%, up 13.27%, up 13.26%, 0, up 7.63% comparing with the same period of last year.

Current year until 202107, BELGIUM's exports to top five countries/territories NETHERLANDS, GERMANY, INTRA-EU, FRANCE, UNITED STATES are the top five countries/territories that BELGIUM imports from in terms of the total export amount. During the current year until 202107, BELGIUM's imports from these five countries/territories were 46183.0892 million, 34215.9621 million, 25299.0800 million, 24730.8085 million, 17957.1525 million. These values correspond to 16.33%, 12.10%, 8.95%, 8.75%, 6.35% of BELGIUM's total imports and, respectively, were up 28.06%, up 16.63%, 0, up 16.06%, up 12.17% comparing with the same period of last year.

During the current year until 202107, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, UNITED KINGDOM, INTRA-EU, LUXEMBOURG at 14811.8554 million, 11815.2816 million, 6731.7499 million, 3783.0400 million, 2845.2613 million, and up 21.19%, up 7.85%, down 9.83%, 0, up 10.40%. And the trade deficits were mainly from NETHERLANDS, CHINA, IRELAND, RUSSIA, SWITZERLAND at 15920.1605 million, 9219.9611 million, 6888.8823 million, 2039.7836 million, 2004.9229 million, and up 70.40%, up 57.86%, down 35.95%, up 36.23%, down 23.34%.

Current year until 202107, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202107,  commodities with hs2 codes, 30, 99, 87, 27, 84, were BELGIUM's top five traded commodities. They correspond to the import and export values of 73593.0065 million, 56060.8793 million, 55622.5645 million, 49773.1902 million, 39470.3961 million, which were up 11.12%, up 3392.75%, up 9.24%, up 52.66%, up 15.62% comparing with the same period of last year and account for 12.61%, 9.60%, 9.53%, 8.53%, 6.76% of BELGIUM's total imports and exports.

During the current year until 202107, 30, 99, 87, 27, 39 were BELGIUM's top five traded commodities, with total import and export values of 46068.6382 million, 30349.2032 million, 27831.8386 million, 20480.9212 million, 19636.6258 million. These values correspond to 15.31%, 10.09%, 9.25%, 6.81%, 6.53% of BELGIUM's total exports and, respectively, were up 27.51%, up 2481.54%, up 11.38%, up 46.13%, up 24.58% comparing to the same period of last year.

During the current year until 202107, 27, 87, 30, 99, 84 were BELGIUM's top five traded commodities, with total import values of 29292.2689 million, 27790.7259 million, 27524.3684 million, 25711.6762 million, 20695.8216 million. These values correspond to 10.36%, 9.83%, 9.73%, 9.09%, 7.32% of BELGIUM's total exports and, respectively, were up 57.59%, up 7.18%, down 8.55%, up 5887.21%, up 17.85% comparing to the same period of last year.

2. Current year until 202107, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202107, BELGIUM-China binational exports and imports of goods amounted to 20602.5648 million and were up 22.34% comparing with the same period of last year. Among these, exports from BELGIUM to China were 5691.3018 million and up 3.47%, imports from China to BELGIUM were 14911.2630 million and up 31.48%. The total binational trade deficit was 9219.9611 million and up 57.86%.

During the urrent year until 202107, 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 3144.3228 million, 3011.5347 million, 1654.0659 million, 1264.5646 million, 1170.1557 million and makes up 15.26%, 14.62%, 8.03%, 6.14%, 5.68% of the total binational imports and exports. These values were also up 84.34%, up 48.83%, up 38.42%, down 12.87%, up 36.64% comparing to the same period last year.

During the current year until 202107, 30, 84, 39, 44, 90 were the top five traded commodities exported to China from BELGIUM, with export values of 1061.5508 million, 688.3663 million, 529.5790 million, 460.3518 million, 366.0282 million. These values account for 18.65%, 12.10%, 9.31%, 8.09%, 6.43% of BELGIUM's total exports and were down 20.47%, up 40.42%, up 27.96%, up 60.26%, up 13.70% comparing to the same period of last year.

During the current year until 202107, 85, 84, 87, 94, 29 were BELGIUM's top five traded commodities importing from China , with import values of 2905.9432 million, 2323.1684 million, 1483.0078 million, 832.6642 million, 775.7697 million. These values account for 19.49%, 15.58%, 9.95%, 5.58%, 5.20% of BELGIUM's total imports and were up 91.44%, up 51.52%, up 45.49%, up 66.53%, up 8.34% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat