During 2019, Belgium had a large net trade with France in the exports of Chemical Products ($9.28B), Mineral Products ($7.6B), and Metals ($5.86B). During 2019, France had a large net trade with Belgium in the exports of Chemical Products ($7.34B), Transportation ($6.24B), and Machines ($5.05B).
Contents
What country does Belgium trade with?
Belgium top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| France | 62,674 | 14.08 |
| Netherlands | 53,670 | 12.05 |
| United Kingdom | 33,862 | 7.61 |
| United States | 27,650 | 6.21 |
What is Belgium’s trade?
Belgium – Foreign trade
Exports constituted 81% of GDP in 2000. Belgium’s chief exports are iron and steel (semi-finished and manufactured), chemicals, textiles, machinery, road vehicles and parts, nonferrous metals, diamonds, and foodstuffs.
What do we trade with France?
The following is a list of the exports of France. Data is for 2019, in millions of United States dollars, as reported by International Trade Centre.
List of exports of France.
| # | Product | Value |
|---|---|---|
| 1 | Aircraft, helicopters, and spacecraft | 43,972 |
| 2 | Pharmaceuticals | 26,164 |
| 3 | Cars | 23,598 |
| 4 | Gas turbines | 18,875 |
What are the main 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 is Belgium biggest import?
Cars
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 are some major imports and exports in 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.
Why is Belgium good for trade?
Belgium is a trading nation, and the country’s success lies in its favorable geographic location, effective logistics and transport networks, strength in R&D and innovation, and export-oriented industries.
How many trade agreements has Belgium?
Despite its membership in the EU and BLEU, Belgium has bilateral trade agreements with 29 different nations. It has separate investment accords with Poland and Russia. It also has treaties with Bulgaria, Cuba, Liberia, Mauritania, and Thailand. Under the auspices of BLEU, it has jointly signed with Luxembourg.
What is Belgium main imports?
Belgium imports mainly machinery and equipment, chemicals, diamonds, pharmaceuticals, foodstuffs, transportation equipment and oil products. It major import partners are: European Union members (Germany, Netherlands, France, UK, Ireland) , United States and China.
Who is France’s biggest trading partner?
France’s main trade partners are the European Union (Germany being the 1st customer and supplier), the United States and China.
Who does France trade with the most?
France’s Top Trading Partners
- Germany: US$69.1 billion (14.5% of total French exports)
- United States: $37 billion (7.8%)
- Italy: $36.8 billion (7.7%)
- Spain: $35.2 billion (7.4%)
- Belgium: $35.2 billion (7.4%)
- United Kingdom: $30.9 billion (6.5%)
- China: $20.1 billion (4.2%)
- Netherlands: $18.2 billion (3.8%)
What does France import?
France imports mainly mechanical equipment, electronic and computer equipment (21 percent of total imports); transport equipment (19 percent), of which aeronautics (11 percent) and automobile industry (7 percent); chemicals, perfumes, cosmetics (8 percent); agro-food industry products (8 percent); metallurgical and
What is Belgium famous for producing?
Belgium is not only the land of waffles, beer, chocolate, and some of the best music festivals in the world but also of diamonds, surreal folk festivals, and a record-breaking political gridlock.
What cars are made in Belgium?
Belgium has a long and consolidated history in the automotive business and remains as a major actor in car production. The assembly plants are spread all over the country, with Ford Genk, Van Hull (bus), Opel Antwerp, Ghent Volvo Europe, Audi Forest/Brussels, and Trucco plants.
What products are made in Belgium?
13 products that are made in Belgium
- 3M: Specialty chemicals and industrial abrasives.
- Axalta: Industrial liquid coatings.
- Baxter: Parenteral bags and solutions.
- Cargill: Chocolate and other food ingredients.
- Coca-Cola: Non-alcoholic beverages.
- ExxonMobil: Petrochemicals, fuels and lubricants.
Does Belgium import or export more?
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.
What food does Belgium export?
As of 2019, a wide range of food and beverage products were exported from Belgium. Dairy products accounted for the largest share of export products in 2019, at 12 percent. Meanwhile, fish and grain exports were significantly lower, accounting for below five percent of total exports combined.
What does Netherlands export the most?
Main exports are: machinery and transport equipment (28 percent of total exports), mineral fuels (23 percent), food (11 percent), clothing and footwear (10 percent) and pharmaceuticals (5 percent). Over 60 percent of total exports is sent to European Union countries.
What is the famous food in Belgium?
There are many foods and drink items that Belgium is famous for such as cheese, mussels, rabbit stew, chocolate, waffles, fries, and boterhammen or tartines.
What does Belgium export to Germany?
Belgium-Germany In 2019, Belgium exported $68.9B to Germany. The main products that Belgium exported to Germany are Cars ($6.84B), Nitrogen Heterocyclic Compounds ($4.63B), and Refined Petroleum ($4.38B).
