Belgium Balance of Trade

Last Release

May 31, 2025

Actual

1,786

Units In

EUR Million

2,966.6

Frequency

Monthly

Next Release

Aug 14, 2025

Time to Release

27 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
5,609.6 Jul 2024	-5,516.6 Jul 2022	1,118.03 EUR Million	1993-2025	National Bank of Belgium

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.

Latest Updates

Belgium’s trade surplus narrowed sharply to EUR 1,786 million in May 2025 from EUR 2,707.1 million in the corresponding month of the previous year, as exports dropped more than imports. Exports declined by 6.2% year-on-year to EUR 40,259 million, weighed down by lower outbound shipments to non-EU (-11.5%) and EU countries (-3.6%). Meanwhile, imports fell at a softer 4.3% to EUR 38,473 million, with reduced purchases from both non-EU (-5.4%) and EU countries (-3.6%). Considering the January to May period, the country recorded a surplus of EUR 10,442.4 million, expanding from EUR 9,150.4 million in the same period last year.