What are major imports and exports of Belgium?
Belgium imports raw materials, machinery, and equipment, chemicals, raw diamonds, pharmaceuticals, foodstuffs, transportation equipment, oil products. Its main imports partners are again the Netherlands, Germany and France, US, UK, and Ireland.
What are major exports of Belgium?
Trade. Among Belgium’s main imports are raw materials (including petroleum), motor vehicles, chemicals, textiles, and food products. Major exports include motor vehicles, chemicals and pharmaceutical products, machinery, plastics, diamonds, food and livestock, textile products, and iron and steel.
What products does Belgium import and export?
Economy of Belgium
| Statistics | |
|---|---|
| Export goods | chemicals, machinery and equipment, finished diamonds, metals and metal products, foodstuffs |
| Main export partners | Germany(+) 16.6% France(+) 14.9% Netherlands(+) 12% United Kingdom(+) 8.4% Italy(+) 4.9% United States(+) 4.8% (2017) |
| Imports | $473.1 billion (2019 est.) |
What are the top 3 imports of Belgium?
Imports: The top imports of Belgium are Cars ($31.7B), Refined Petroleum ($19.3B), Packaged Medicaments ($18.6B), Blood, antisera, vaccines, toxins and cultures ($16.5B), and Diamonds ($12B), importing mostly from Netherlands ($65.7B), Germany ($51.3B), France ($39B), United States ($33.3B), and Ireland ($19B).
What can I import and export to Belgium?
Our team of lawyers in Belgium can help investors open a company that engages in activities related to foreign trade, either imports or exports or both of these. Belgium exports machinery and equipment, chemicals, finished diamonds, metals and metal products and foodstuffs.
Who are the most important export partners of Belgium?
Belgium imports large quantities of raw materials and exports manufactured goods on the same scale to its neighboring countries. The Netherlands, Germany, and France are the most important export partners of Belgium.
What kind of trade does Belgium have with other countries?
Foreign trade is an important part of the country’s economy and the country performs well in terms of exports and the general trade balance. Belgium imports raw materials and semi-finished goods that are processed in the country and then re-exported.
How big is the economy of Belgium per capita?
Belgium is ranked as the 11th largest export economy in the world and enjoys a positive trade balance of $23.9 billion after deducting $371 billion worth of annual imports from its export total of $394 billion. The GDP of Belgium is calculated as $466 billion and that equates to a GDP per capita of $46,400.