1.  Overview the trade of BELGIUM in goods current year until 202110

According to Dalian Infobank, in 202110, BELGIUM's exports and imports of goods amounted to 94558.6863 million, and were up 26.40% comparing with the same period of last year. Among these, exports were up 22.54% at 48708.4536 million, and imports were up 30.77% at 45850.2326 million. And the corresponding trade surplus was 2858.2210 million and down 39.05%.

During the current year until 202110, BELGIUM's total exports and imports of goods were 856507.9846 million and were up 27.96% comparing to the same period of last year. Among these, exports were 444893.4727 million and up 28.71%; imports were 411614.5119 million and up 27.15%. The total trade surplus was 33278.9609 million and up 51.71%.

If considering by country (region), GERMANY, NETHERLANDS, FRANCE, INTRA-EU, UNITED STATES were BELGIUM's top five trading partners. During the current year until 202110, BELGIUM's imports and exports to five countries/territories were 125489.7529 million, 117395.9073 million, 91413.3552 million, 63921.5100 million, 54339.9794 million. These values correspond to 14.65%, 13.71%, 10.67%, 7.46%, 6.34% of BELGIUM's imports and exports, and, respectively, were up 19.70%, up 25.50%, up 14.52%, 0, up 14.76% comparing to the same period of last year.

Current year until 202110, 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 202110, BELGIUM's exports to these five countries/territories were 74473.2065 million, 55623.0715 million, 47528.1012 million, 34686.9900 million, 27510.7689 million. These values correspond to 16.74%, 12.50%, 10.68%, 7.80%, 6.18% of BELGIUM's exports and, respectively, were up 22.11%, up 15.12%, up 19.21%, 0, up 12.12% comparing with the same period of last year.

Current year until 202110, 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 202110, BELGIUM's imports from these five countries/territories were 69867.8061 million, 51016.5464 million, 35790.2837 million, 29234.5200 million, 26829.2104 million. These values correspond to 16.97%, 12.39%, 8.70%, 7.10%, 6.52% of BELGIUM's total imports and, respectively, were up 30.18%, up 16.36%, up 13.59%, 0, up 17.60% comparing with the same period of last year.

During the current year until 202110, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, UNITED KINGDOM, INTRA-EU, POLAND at 23456.6602 million, 19832.7878 million, 10160.0605 million, 5452.4700 million, 4556.1333 million, and up 36.79%, up 17.97%, down 18.12%, 0, up 49.30%. And the trade deficits were mainly from NETHERLANDS, CHINA, IRELAND, NORWAY, RUSSIA at 22339.7049 million, 15233.9518 million, 9478.3521 million, 3288.2377 million, 2994.7320 million, and up 61.85%, up 65.52%, down 33.47%, up 545.01%, up 68.71%.

Current year until 202110, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202110,  commodities with hs2 codes, 30, 27, 87, 99, 84, were BELGIUM's top five traded commodities. They correspond to the import and export values of 115402.9085 million, 80398.6816 million, 78265.0728 million, 66511.6757 million, 56676.8577 million, which were up 24.21%, up 70.07%, down 0.92%, up 2768.54%, up 13.26% comparing with the same period of last year and account for 13.47%, 9.39%, 9.14%, 7.77%, 6.62% of BELGIUM's total imports and exports.

During the current year until 202110, 30, 87, 99, 27, 39 were BELGIUM's top five traded commodities, with total import and export values of 73030.0124 million, 39396.7108 million, 36615.1257 million, 33527.9105 million, 29421.9280 million. These values correspond to 16.42%, 8.86%, 8.23%, 7.54%, 6.61% of BELGIUM's total exports and, respectively, were up 42.66%, up 1.27%, up 2049.06%, up 65.94%, up 29.55% comparing to the same period of last year.

During the current year until 202110, 27, 30, 87, 99, 84 were BELGIUM's top five traded commodities, with total import values of 46870.7711 million, 42372.8961 million, 38868.3621 million, 29896.5500 million, 29474.5787 million. These values correspond to 11.39%, 10.29%, 9.44%, 7.26%, 7.16% of BELGIUM's total exports and, respectively, were up 73.15%, up 1.57%, down 3.04%, up 4762.12%, up 14.12% comparing to the same period of last year.

2. Current year until 202110, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202110, BELGIUM-China binational exports and imports of goods amounted to 31332.6768 million and were up 24.60% comparing with the same period of last year. Among these, exports from BELGIUM to China were 8049.3625 million and up 0.98%, imports from China to BELGIUM were 23283.3143 million and up 35.57%. The total binational trade deficit was 15233.9518 million and up 65.52%.

During the urrent year until 202110, 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 4530.9427 million, 4326.3666 million, 3215.0847 million, 1817.1462 million, 1761.8389 million and makes up 14.46%, 13.81%, 10.26%, 5.80%, 5.62% of the total binational imports and exports. These values were also up 65.37%, up 44.33%, up 70.39%, down 12.92%, up 39.56% comparing to the same period last year.

During the current year until 202110, 30, 84, 39, 44, 90 were the top five traded commodities exported to China from BELGIUM, with export values of 1551.4335 million, 980.8025 million, 769.4260 million, 658.6800 million, 540.9139 million. These values account for 19.27%, 12.18%, 9.56%, 8.18%, 6.72% of BELGIUM's total exports and were down 18.93%, up 34.63%, up 28.25%, up 45.25%, up 17.26% comparing to the same period of last year.

During the current year until 202110, 85, 84, 87, 94, 29 were BELGIUM's top five traded commodities importing from China , with import values of 4192.3146 million, 3345.5642 million, 2959.7292 million, 1227.5873 million, 1167.4131 million. These values account for 18.01%, 14.37%, 12.71%, 5.27%, 5.01% of BELGIUM's total imports and were up 70.82%, up 47.44%, up 83.37%, up 61.52%, up 20.54% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat