1.  Overview the trade of BELGIUM in goods current year until 202210

According to Dalian Infobank, in 202210, BELGIUM's exports and imports of goods amounted to 99633.9420 million, and were up 2.92% comparing with the same period of last year. Among these, exports were down 0.30% at 50532.8175 million, and imports were up 6.46% at 49101.1245 million. And the corresponding trade surplus was 1431.6929 million and down 68.60%.

During the current year until 202210, BELGIUM's total exports and imports of goods were 1056466.7693 million and were up 22.81% comparing to the same period of last year. Among these, exports were 527007.7726 million and up 17.87%; imports were 529458.9968 million and up 28.16%. The total trade deficit was 2451.2242 million and down 107.21%.

If considering by country (region), GERMANY, NETHERLANDS, FRANCE, INTRA-EU, UNITED STATES were BELGIUM's top five trading partners. During the current year until 202210, BELGIUM's imports and exports to five countries/territories were 163159.9588 million, 152707.7247 million, 105158.5436 million, 66816.8000 million, 62079.1228 million. These values correspond to 15.44%, 14.45%, 9.95%, 6.32%, 5.88% of BELGIUM's imports and exports, and, respectively, were up 15.00%, up 14.54%, up 2.17%, 0, up 14.10% comparing to the same period of last year.

Current year until 202210, 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 202210, BELGIUM's exports to these five countries/territories were 102963.4309 million, 66939.3366 million, 62440.6128 million, 35668.3800 million, 30975.4418 million. These values correspond to 19.54%, 12.70%, 11.85%, 6.77%, 5.88% of BELGIUM's exports and, respectively, were up 21.72%, up 23.71%, down 1.02%, 0, up 12.60% comparing with the same period of last year.

Current year until 202210, 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 202210, BELGIUM's imports from these five countries/territories were 85768.3882 million, 60196.5279 million, 42717.9308 million, 31148.4200 million, 31103.6809 million. These values correspond to 16.20%, 11.37%, 8.07%, 5.88%, 5.87% of BELGIUM's total imports and, respectively, were up 8.28%, up 5.08%, up 7.23%, 0, up 15.64% comparing with the same period of last year.

During the current year until 202210, the trade surplus of BELGIUM was mainly from GERMANY, FRANCE, NIGERIA, LUXEMBOURG, POLAND at 42766.9030 million, 19722.6819 million, 6426.0709 million, 5418.8972 million, 4936.7973 million, and up 56.66%, down 15.16%, up 308.63%, up 14.13%, down 3.16%. And the trade deficits were mainly from CHINA, IRELAND, NETHERLANDS, NORWAY, RUSSIA at 23451.0796 million, 21934.9113 million, 18829.0516 million, 12977.8755 million, 8661.6907 million, and up 54.33%, up 94.75%, down 24.99%, up 295.21%, up 189.10%.

Current year until 202210, BELGIUM's trade surplus or deficit with top five countries/territories During the current year until 202210,  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 199300.5830 million, 145297.5819 million, 76852.0793 million, 67151.6941 million, 65761.7556 million, which were up 117.78%, up 17.78%, down 8.61%, up 2337.89%, up 26.45% comparing with the same period of last year and account for 18.86%, 13.75%, 7.27%, 6.36%, 6.22% of BELGIUM's total imports and exports.

During the current year until 202210, 27, 30, 87, 99, 39 were BELGIUM's top five traded commodities, with total import and export values of 89616.5143 million, 80798.0776 million, 37053.7953 million, 35981.8757 million, 31802.8300 million. These values correspond to 17.00%, 15.33%, 7.03%, 6.83%, 6.03% of BELGIUM's total exports and, respectively, were up 131.35%, up 4.05%, down 13.07%, up 1659.89%, down 0.95% comparing to the same period of last year.

During the current year until 202210, 27, 30, 29, 87, 99 were BELGIUM's top five traded commodities, with total import values of 109684.0687 million, 64499.5043 million, 40392.8146 million, 39798.2839 million, 31169.8184 million. These values correspond to 20.72%, 12.18%, 7.63%, 7.52%, 5.89% of BELGIUM's total exports and, respectively, were up 107.83%, up 41.08%, up 44.36%, down 4.02%, up 4290.45% comparing to the same period of last year.

2. Current year until 202210, BELGIUM binational trade profile

According to Dalian Infobank, during the current year until 202210, BELGIUM-China binational exports and imports of goods amounted to 36845.0828 million and were up 17.76% comparing with the same period of last year. Among these, exports from BELGIUM to China were 6697.0016 million and down 16.78%, imports from China to BELGIUM were 30148.0812 million and up 29.71%. The total binational trade deficit was 23451.0796 million and up 54.33%.

During the urrent year until 202210, 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 5526.9679 million, 5102.5431 million, 4523.1703 million, 2186.2135 million, 1952.6642 million and makes up 15.00%, 13.85%, 12.28%, 5.93%, 5.30% of the total binational imports and exports. These values were also up 21.76%, up 58.71%, up 3.90%, up 40.27%, up 10.76% comparing to the same period last year.

During the current year until 202210, 30, 84, 39, 90, 29 were the top five traded commodities exported to China from BELGIUM, with export values of 1237.6434 million, 738.4395 million, 729.1306 million, 534.9778 million, 443.1972 million. These values account for 18.48%, 11.03%, 10.89%, 7.99%, 6.62% of BELGIUM's total exports and were down 20.23%, down 24.71%, down 5.24%, down 1.10%, up 13.85% comparing to the same period of last year.

During the current year until 202210, 85, 87, 84, 29, 39 were BELGIUM's top five traded commodities importing from China , with import values of 5161.7130 million, 4968.9048 million, 3784.7308 million, 1743.0164 million, 1223.5336 million. These values account for 17.12%, 16.48%, 12.55%, 5.78%, 4.06% of BELGIUM's total imports and were up 22.88%, up 67.88%, up 12.22%, up 49.07%, up 23.15% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat