1.  Overview the trade of BELGIUM in goods current year until 202108

According to Dalian Infobank, in 202108, BELGIUM's exports and imports of goods amounted to 82368.5231 million, and were up 31.37% comparing with the same period of last year. Among these, exports were up 32.63% at 42478.5885 million, and imports were up 30.06% at 39889.9346 million. And the corresponding trade surplus was 2588.6539 million and up 90.63%.

During the current year until 202108, BELGIUM's total exports and imports of goods were 669475.9932 million and were up 29.17% comparing to the same period of last year. Among these, exports were 347016.1236 million and up 30.54%; imports were 322459.8696 million and up 27.73%. The total trade surplus was 24556.2540 million and up 83.80%.

If considering by country (region), GERMANY, NETHERLANDS, FRANCE, INTRA-EU, UNITED STATES were BELGIUM's top five trading partners. During the current year until 202108, BELGIUM's imports and exports to five countries/territories were 97294.6073 million, 89940.5483 million, 71275.7015 million, 54739.8000 million, 42116.2853 million. These values correspond to 14.53%, 13.43%, 10.65%, 8.18%, 6.29% of BELGIUM's imports and exports, and, respectively, were up 19.88%, up 25.04%, up 17.53%, 0, up 12.11% comparing to the same period of last year.

Current year until 202108, 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 202108, BELGIUM's exports to these five countries/territories were 57603.4169 million, 42953.1107 million, 35965.9052 million, 29783.1600 million, 21418.2213 million. These values correspond to 16.60%, 12.38%, 10.36%, 8.58%, 6.17% of BELGIUM's exports and, respectively, were up 20.93%, up 16.72%, up 18.12%, 0, up 11.50% comparing with the same period of last year.

Current year until 202108, BELGIUM's exports to top five countries/territories NETHERLANDS, GERMANY, FRANCE, INTRA-EU, UNITED STATES are the top five countries/territories that BELGIUM imports from in terms of the total export amount. During the current year until 202108, BELGIUM's imports from these five countries/territories were 53974.6431 million, 39691.1904 million, 28322.5907 million, 24956.6400 million, 20698.0639 million. These values correspond to 16.74%, 12.31%, 8.78%, 7.74%, 6.42% of BELGIUM's total imports and, respectively, were up 30.12%, up 18.38%, up 18.79%, 0, up 12.75% comparing with the same period of last year.

During the current year until 202108, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, UNITED KINGDOM, INTRA-EU, POLAND at 17912.2266 million, 14630.5200 million, 7945.4318 million, 4826.5200 million, 3410.4975 million, and up 27.01%, up 12.90%, down 10.35%, 0, up 55.37%. And the trade deficits were mainly from NETHERLANDS, CHINA, IRELAND, RUSSIA, SWITZERLAND at 18008.7379 million, 11099.0550 million, 7544.8905 million, 2274.3008 million, 2265.6937 million, and up 63.27%, up 57.60%, down 42.08%, up 53.80%, down 19.17%.

Current year until 202108, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202108,  commodities with hs2 codes, 30, 87, 27, 99, 84, were BELGIUM's top five traded commodities. They correspond to the import and export values of 86524.6105 million, 63548.0454 million, 58964.8078 million, 56710.8915 million, 45264.3803 million, which were up 16.88%, up 8.81%, up 59.97%, up 3062.25%, up 17.07% comparing with the same period of last year and account for 12.92%, 9.49%, 8.81%, 8.47%, 6.76% of BELGIUM's total imports and exports.

During the current year until 202108, 30, 87, 99, 27, 39 were BELGIUM's top five traded commodities, with total import and export values of 54750.3190 million, 31625.4096 million, 31263.8219 million, 24327.2561 million, 22915.9766 million. These values correspond to 15.78%, 9.11%, 9.01%, 7.01%, 6.60% of BELGIUM's total exports and, respectively, were up 36.10%, up 9.66%, up 2291.78%, up 53.56%, up 28.82% comparing to the same period of last year.

During the current year until 202108, 27, 87, 30, 99, 84 were BELGIUM's top five traded commodities, with total import values of 34637.5517 million, 31922.6358 million, 31774.2915 million, 25447.0696 million, 23576.8901 million. These values correspond to 10.74%, 9.90%, 9.85%, 7.89%, 7.31% of BELGIUM's total exports and, respectively, were up 64.79%, up 7.99%, down 6.00%, up 5133.50%, up 17.78% comparing to the same period of last year.

2. Current year until 202108, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202108, BELGIUM-China binational exports and imports of goods amounted to 24022.2700 million and were up 24.33% comparing with the same period of last year. Among these, exports from BELGIUM to China were 6461.6075 million and up 5.25%, imports from China to BELGIUM were 17560.6625 million and up 33.22%. The total binational trade deficit was 11099.0550 million and up 57.60%.

During the urrent year until 202108, 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 3552.1889 million, 3437.6183 million, 2196.3998 million, 1492.9672 million, 1364.6525 million and makes up 14.79%, 14.31%, 9.14%, 6.21%, 5.68% of the total binational imports and exports. These values were also up 76.99%, up 48.63%, up 56.69%, down 6.81%, up 40.40% comparing to the same period last year.

During the current year until 202108, 30, 84, 39, 44, 90 were the top five traded commodities exported to China from BELGIUM, with export values of 1255.7858 million, 802.9624 million, 605.2542 million, 519.2357 million, 427.8195 million. These values account for 19.43%, 12.43%, 9.37%, 8.04%, 6.62% of BELGIUM's total exports and were down 14.29%, up 46.17%, up 30.62%, up 55.30%, up 14.41% comparing to the same period of last year.

During the current year until 202108, 85, 84, 87, 94, 29 were BELGIUM's top five traded commodities importing from China , with import values of 3284.1958 million, 2634.6559 million, 2005.2106 million, 967.6460 million, 900.1066 million. These values account for 18.70%, 15.00%, 11.42%, 5.51%, 5.13% of BELGIUM's total imports and were up 83.47%, up 49.40%, up 67.59%, up 65.52%, up 14.41% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat