1.  Overview the trade of BELGIUM in goods current year until 202209

According to Dalian Infobank, in 202209, BELGIUM's exports and imports of goods amounted to 99079.5161 million, and were up 6.89% comparing with the same period of last year. Among these, exports were up 4.22% at 50721.2477 million, and imports were up 9.84% at 48358.2684 million. And the corresponding trade surplus was 2362.9793 million and down 49.09%.

During the current year until 202209, BELGIUM's total exports and imports of goods were 945299.1992 million and were up 23.82% comparing to the same period of last year. Among these, exports were 470873.9918 million and up 18.78%; imports were 474425.2074 million and up 29.28%. The total trade deficit was 3551.2156 million and down 112.06%.

If considering by country (region), GERMANY, NETHERLANDS, FRANCE, INTRA-EU, UNITED STATES were BELGIUM's top five trading partners. During the current year until 202209, BELGIUM's imports and exports to five countries/territories were 143458.5436 million, 135553.6692 million, 92951.4037 million, 65366.4000 million, 55640.0963 million. These values correspond to 15.18%, 14.34%, 9.83%, 6.91%, 5.89% of BELGIUM's imports and exports, and, respectively, were up 14.04%, up 14.97%, up 1.31%, 0, up 13.73% comparing to the same period of last year.

Current year until 202209, BELGIUM and the top five trade partners GERMANY, NETHERLANDS, FRANCE, 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 202209, BELGIUM's exports to these five countries/territories were 89256.2110 million, 59201.6533 million, 55275.5542 million, 36149.6000 million, 27594.5248 million. These values correspond to 18.96%, 12.57%, 11.74%, 7.68%, 5.86% of BELGIUM's exports and, respectively, were up 19.80%, up 24.38%, down 0.89%, 0, up 12.05% comparing with the same period of last year.

Current year until 202209, 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 202209, BELGIUM's imports from these five countries/territories were 76352.0159 million, 54202.3327 million, 37675.8494 million, 29216.8000 million, 28045.5716 million. These values correspond to 16.09%, 11.42%, 7.94%, 6.16%, 5.91% of BELGIUM's total imports and, respectively, were up 8.59%, up 5.67%, up 4.71%, 0, up 15.43% comparing with the same period of last year.

During the current year until 202209, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, INTRA-EU, NIGERIA, LUXEMBOURG at 35053.8783 million, 17599.7048 million, 6932.8000 million, 5721.9336 million, 4840.6369 million, and up 51.01%, down 11.07%, 0, up 341.82%, up 15.48%. And the trade deficits were mainly from CHINA, IRELAND, NETHERLANDS, NORWAY, RUSSIA at 20679.9835 million, 19685.3013 million, 17150.3626 million, 11811.0717 million, 8418.6131 million, and up 54.72%, up 106.82%, down 24.48%, up 368.23%, up 238.87%.

Current year until 202209, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202209,  commodities with hs2 codes, 27, 30, 87, 99, 29, were BELGIUM's top five traded commodities. They correspond to the import and export values of 176055.8279 million, 127236.0501 million, 67278.0333 million, 65666.8362 million, 59967.1010 million, which were up 129.30%, up 17.13%, down 11.78%, up 2620.06%, up 31.45% comparing with the same period of last year and account for 18.62%, 13.46%, 7.12%, 6.95%, 6.34% of BELGIUM's total imports and exports.

During the current year until 202209, 27, 30, 99, 87, 39 were BELGIUM's top five traded commodities, with total import and export values of 78398.0957 million, 70228.8695 million, 36430.8079 million, 32290.1493 million, 28783.8370 million. These values correspond to 16.65%, 14.91%, 7.74%, 6.86%, 6.11% of BELGIUM's total exports and, respectively, were up 144.34%, up 3.33%, up 1907.36%, down 16.43%, up 0.04% comparing to the same period of last year.

During the current year until 202209, 27, 30, 29, 87, 99 were BELGIUM's top five traded commodities, with total import values of 97657.7322 million, 57007.1806 million, 37427.2633 million, 34987.8840 million, 29236.0283 million. These values correspond to 20.58%, 12.02%, 7.89%, 7.37%, 6.16% of BELGIUM's total exports and, respectively, were up 118.50%, up 40.22%, up 54.02%, down 7.02%, up 4778.32% comparing to the same period of last year.

2. Current year until 202209, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202209, BELGIUM-China binational exports and imports of goods amounted to 32746.9199 million and were up 17.88% comparing with the same period of last year. Among these, exports from BELGIUM to China were 6033.4682 million and down 16.28%, imports from China to BELGIUM were 26713.4517 million and up 29.85%. The total binational trade deficit was 20679.9835 million and up 54.72%.

During the urrent year until 202209, commodities with hs2 code, 85, 87, 84, 29, 39, were binational trade's top five traded commodities. They correspond to import and export values of 4835.9809 million, 4326.6608 million, 4077.7987 million, 2019.6064 million, 1801.0037 million and makes up 14.77%, 13.21%, 12.45%, 6.17%, 5.50% of the total binational imports and exports. These values were also up 20.02%, up 49.91%, up 3.78%, up 43.74%, up 14.65% comparing to the same period last year.

During the current year until 202209, 30, 84, 39, 90, 29 were the top five traded commodities exported to China from BELGIUM, with export values of 1126.6931 million, 675.6147 million, 672.4042 million, 484.4737 million, 410.5428 million. These values account for 18.67%, 11.20%, 11.14%, 8.03%, 6.80% of BELGIUM's total exports and were down 17.26%, down 23.48%, down 2.95%, up 0.83%, up 11.29% comparing to the same period of last year.

During the current year until 202209, 85, 87, 84, 29, 39 were BELGIUM's top five traded commodities importing from China , with import values of 4500.6340 million, 4203.7115 million, 3402.1839 million, 1609.0636 million, 1128.5995 million. These values account for 16.85%, 15.74%, 12.74%, 6.02%, 4.22% of BELGIUM's total imports and were up 20.86%, up 57.32%, up 11.68%, up 55.29%, up 28.53% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat