Belgium recorded a trade surplus of 1619.30 EUR Million in November of 2019. Balance of Trade in Belgium averaged 1076.46 EUR Million from 1993 until 2019, reaching an all time high of 3030.10 EUR Million in July of 2019 and a record low of -1026.60 EUR Million in August of 2008.
Balance of Trade in Belgium is expected to be 980.00 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 1090.00 in 12 months time. In the long-term, the Belgium Balance of Trade is projected to trend around 50.00 EUR Million in 2020, according to our econometric models.