Belgium recorded a trade surplus of 339 EUR Million in September of 2022. source: National Bank of Belgium

Balance of Trade in Belgium averaged 1060.96 EUR Million from 1993 until 2022, reaching an all time high of 3756.30 EUR Million in October of 2020 and a record low of -4040.40 EUR Million in July of 2022. This page provides - Belgium Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Balance of Trade in Belgium is expected to be 1500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Balance of Trade is projected to trend around 1600.00 EUR Million in 2023, according to our econometric models.

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Belgium Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-10-14 02:00 PM Aug €-4403.3M €-5516.6M €-2000M
2022-11-15 02:00 PM Sep €339M €-4403.3M € -3200M
2022-12-15 02:00 PM Oct €339M

Related Last Previous Unit Reference
Balance of Trade 339.00 -3910.20 EUR Million Sep 2022
Current Account -8387.00 -3592.00 EUR Million Jun 2022
Imports 53448.40 54073.40 EUR Million Sep 2022
Exports 53787.40 50163.20 EUR Million Sep 2022
Capital Flows -5901.00 -3632.00 EUR Million Jun 2022
Remittances 3748.00 3368.00 EUR Million Jun 2022
Foreign Direct Investment -5411.00 -3570.00 EUR Million Jun 2022
External Debt 1337577.00 1336472.00 EUR Million Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
339.00 -3910.20 3756.30 -4040.40 1993 - 2022 EUR Million Monthly