1.  Overview the trade of BELGIUM in goods current year until 202205

According to Dalian Infobank, in 202205, BELGIUM's exports and imports of goods amounted to 100283.0009 million, and were up 16.75% comparing with the same period of last year. Among these, exports were up 16.39% at 51275.8242 million, and imports were up 17.13% at 49007.1767 million. And the corresponding trade surplus was 2268.6476 million and up 2.43%.

During the current year until 202205, BELGIUM's total exports and imports of goods were 517888.9581 million and were up 26.39% comparing to the same period of last year. Among these, exports were 261059.1689 million and up 23.64%; imports were 256829.7892 million and up 29.32%. The total trade surplus was 4229.3797 million and down 66.27%.

If considering by country (region), GERMANY, INTRA-EU, NETHERLANDS, FRANCE, UNITED STATES were BELGIUM's top five trading partners. During the current year until 202205, BELGIUM's imports and exports to five countries/territories were 68972.0887 million, 66859.2800 million, 64492.1792 million, 46913.0111 million, 32047.2567 million. These values correspond to 13.32%, 12.91%, 12.45%, 9.06%, 6.19% of BELGIUM's imports and exports, and, respectively, were up 3.37%, 0, up 2.91%, down 6.58%, up 23.01% comparing to the same period of last year.

Current year until 202205, BELGIUM and the top five trade partners GERMANY, INTRA-EU, FRANCE, NETHERLANDS, UNITED STATES are the top five countries/territories that BELGIUM exports to in terms of the total export amount. During the current year until 202205, BELGIUM's exports to these five countries/territories were 41844.3768 million, 36814.9200 million, 28332.8206 million, 27540.0756 million, 15953.8847 million. These values correspond to 16.03%, 14.10%, 10.85%, 10.55%, 6.11% of BELGIUM's exports and, respectively, were up 6.89%, 0, down 5.35%, up 11.32%, up 20.56% comparing with the same period of last year.

Current year until 202205, BELGIUM's exports to top five countries/territories NETHERLANDS, INTRA-EU, GERMANY, 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 202205, BELGIUM's imports from these five countries/territories were 36952.1036 million, 30044.3600 million, 27127.7119 million, 18580.1905 million, 16093.3720 million. These values correspond to 14.39%, 11.70%, 10.56%, 7.23%, 6.27% of BELGIUM's total imports and, respectively, were down 2.58%, 0, down 1.63%, down 8.38%, up 25.53% comparing with the same period of last year.

During the current year until 202205, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, INTRA-EU, NIGERIA, ITALY at 14716.6649 million, 9752.6301 million, 6770.5600 million, 3284.8062 million, 2741.0604 million, and up 27.20%, up 1.02%, 0, up 512.48%, up 26.03%. And the trade deficits were mainly from CHINA, NETHERLANDS, IRELAND, NORWAY, RUSSIA at 11125.9165 million, 9412.0280 million, 9411.8511 million, 6344.0776 million, 5347.2941 million, and up 67.03%, down 28.64%, up 69.74%, up 691.76%, up 330.75%.

Current year until 202205, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202205,  commodities with hs2 codes, 27, 30, 99, 87, 29, were BELGIUM's top five traded commodities. They correspond to the import and export values of 79125.0902 million, 69299.6308 million, 67024.1593 million, 36282.8383 million, 30195.0023 million, which were up 104.67%, up 26.72%, up 5264.41%, down 17.54%, up 27.08% comparing with the same period of last year and account for 15.28%, 13.38%, 12.94%, 7.01%, 5.83% of BELGIUM's total imports and exports.

During the current year until 202205, 30, 99, 27, 87, 39 were BELGIUM's top five traded commodities, with total import and export values of 40327.0531 million, 36968.4475 million, 33674.2476 million, 17569.8937 million, 15457.2082 million. These values correspond to 15.45%, 14.16%, 12.90%, 6.73%, 5.92% of BELGIUM's total exports and, respectively, were up 18.93%, up 3850.32%, up 110.21%, down 20.76%, down 0.55% comparing to the same period of last year.

During the current year until 202205, 27, 99, 30, 87, 29 were BELGIUM's top five traded commodities, with total import values of 45450.8426 million, 30055.7118 million, 28972.5777 million, 18712.9446 million, 18690.4561 million. These values correspond to 17.70%, 11.70%, 11.28%, 7.29%, 7.28% of BELGIUM's total exports and, respectively, were up 100.75%, up 9484.41%, up 39.41%, down 14.26%, up 48.75% comparing to the same period of last year.

2. Current year until 202205, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202205, BELGIUM-China binational exports and imports of goods amounted to 18066.1863 million and were up 23.20% comparing with the same period of last year. Among these, exports from BELGIUM to China were 3470.1349 million and down 13.28%, imports from China to BELGIUM were 14596.0514 million and up 36.89%. The total binational trade deficit was 11125.9165 million and up 67.03%.

During the urrent year until 202205, commodities with hs2 code, 87, 85, 84, 29, 39, were binational trade's top five traded commodities. They correspond to import and export values of 2554.4554 million, 2416.5011 million, 2340.7089 million, 1068.4834 million, 974.8712 million and makes up 14.14%, 13.38%, 12.96%, 5.91%, 5.40% of the total binational imports and exports. These values were also up 132.86%, up 5.10%, up 7.55%, up 32.83%, up 19.08% comparing to the same period last year.

During the current year until 202205, 30, 84, 39, 90, 44 were the top five traded commodities exported to China from BELGIUM, with export values of 626.0169 million, 393.2448 million, 376.4785 million, 287.6171 million, 219.4684 million. These values account for 18.04%, 11.33%, 10.85%, 8.29%, 6.32% of BELGIUM's total exports and were down 10.49%, down 17.10%, down 1.33%, up 21.14%, down 26.29% comparing to the same period of last year.

During the current year until 202205, 87, 85, 84, 29, 94 were BELGIUM's top five traded commodities importing from China , with import values of 2491.3494 million, 2237.7503 million, 1947.4642 million, 888.5257 million, 679.4939 million. These values account for 17.07%, 15.33%, 13.34%, 6.09%, 4.66% of BELGIUM's total imports and were up 156.64%, up 4.91%, up 14.42%, up 67.06%, up 12.01% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat