Exports in Belgium decreased to 31234.60 EUR Million in November from 35490.70 EUR Million in October of 2019. Exports in Belgium averaged 22034.07 EUR Million from 1993 until 2019, reaching an all time high of 36453 EUR Million in March of 2017 and a record low of 7331.30 EUR Million in August of 1993.

Exports in Belgium is expected to be 34200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Belgium to stand at 33100.00 in 12 months time. In the long-term, the Belgium Exports is projected to trend around 33150.00 EUR Million in 2020, according to our econometric models.

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Belgium Exports

Actual Previous Highest Lowest Dates Unit Frequency
31234.60 35490.70 36453.00 7331.30 1993 - 2019 EUR Million Monthly


Belgium Exports
Foreign trade accounts for approximately 70 percent of 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, and not mounted or set diamonds. Belgium’s largest exports markets are European Union and United Sates.

Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 1619.30 2259.90 3030.10 -1026.60 EUR Million [+]
Current Account -1287.00 -2735.00 7343.00 -6687.00 EUR Million [+]
Current Account to GDP -1.30 0.70 5.50 -4.00 percent [+]
Imports 29615.30 33230.80 34419.70 6975.70 EUR Million [+]
Exports 31234.60 35490.70 36453.00 7331.30 EUR Million [+]
Terms of Trade 94.65 97.75 108.20 91.59 points [+]
Capital Flows -3567.00 -2926.00 8066.00 -7418.00 EUR Million [+]
Remittances 2151.00 2191.00 2754.00 935.00 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 3.64 4.06 4.66 0.41 [+]
Tourist Arrivals 1898854.00 1898161.00 1898854.00 826792.00 [+]
Foreign Direct Investment -13226.00 -7563.00 43157.00 -15253.00 EUR Million [+]
External Debt 1179179.00 1137456.00 1264535.00 923263.00 EUR Million [+]


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category