Belgium recorded a trade surplus of 2241.40 EUR Million in May of 2019. Balance of Trade in Belgium averaged 1072.95 EUR Million from 1993 until 2019, reaching an all time high of 2896.60 EUR Million in September of 2013 and a record low of -1026.60 EUR Million in August of 2008.

Balance of Trade in Belgium is expected to be 1495.19 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Belgium to stand at 580.00 in 12 months time. In the long-term, the Belgium Balance of Trade is projected to trend around 1090.00 EUR Million in 2020, according to our econometric models.

Belgium Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-15 01:30 PM Balance of Trade €1663.7M €1263.5M €750M
2019-05-15 01:30 PM Balance of Trade €1604.5M €2115.9M €1250M
2019-06-14 01:30 PM Balance of Trade €-506.3M €697.6M €1685M
2019-07-15 01:30 PM Balance of Trade €2241.4M €603.6M €1100M
2019-08-16 01:30 PM Balance of Trade €2241.4M € 1820M
2019-09-16 01:30 PM Balance of Trade
2019-10-15 01:30 PM Balance of Trade


Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 2241.40 603.60 2896.60 -1026.60 EUR Million [+]
Current Account 869.00 -3783.00 7732.00 -6687.00 EUR Million [+]
Current Account to GDP -1.30 0.70 5.50 -4.00 percent [+]
Imports 30205.80 32913.20 34377.50 6975.70 EUR Million [+]
Exports 32447.20 33516.80 36463.70 7331.30 EUR Million [+]
Terms of Trade 98.49 99.95 108.20 92.71 Index Points [+]
Capital Flows -1919.00 -4231.00 7914.00 -7418.00 EUR Million [+]
Remittances 2462.00 1820.00 2462.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Weapons Sales 16.00 12.00 243.00 1.00 USD Million [+]
Terrorism Index 4.06 4.66 4.66 0.41 [+]
Foreign Direct Investment 15323.00 3486.00 41808.00 -18569.00 EUR Million [+]
External Debt 1128538.00 1087237.00 1264535.00 923263.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Belgium Balance of Trade

Foreign trade accounts for approximately 70 percent of the Belgium's economy. About 80% of Belgium's trade is with fellow EU member states. The major export commodity in Belgium is the automobile, medicament mixtures put in dosage, not mounted or set diamonds. Belgium imports mainly machinery and equipment, chemicals, diamonds, pharmaceuticals, foodstuffs, transportation equipment and oil products. This page provides - Belgium Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2241.40 603.60 2896.60 -1026.60 1993 - 2019 EUR Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan -967.11 May/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 3962.64 May/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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