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Belgium Exports (% GDP)

Belgium's exports (% GDP) fell to 79.22% in 2024, down from 84.18% in 2023, according to World Bank. This represents a decrease of 4.96% from the previous year. Belgium has the 19th highest exports (% GDP). Within Europe, it ranks 9th out of 44 countries.

Belgium's imports (% GDP) fell to 79.23% in 2024, down from 84.78% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Exports (% GDP)
2024 79.22%
2023 84.18%
2022 95.24%
2021 89.63%
2020 79.2%
2019 82.97%
2018 83.48%
2017 83.44%
2016 79.62%
2015 77.88%
2014 79.4%
2013 78.91%
2012 80.05%
2011 80.27%
2010 75.83%
2009 68.6%
2008 80.88%
2007 78.3%
2006 76.8%
2005 74.28%
2004 70.91%
2003 69.04%
2002 70.83%
2001 71.61%
2000 72.55%
1999 64.56%
1998 64.17%
1997 64.79%
1996 61.19%
1995 60.11%
1994 58.42%
1993 56.11%
1992 58.81%
1991 60.23%
1990 61.61%
1989 63.57%
1988 59.41%
1987 55.87%
1986 57.28%
1985 62.45%
1984 64.41%
1983 60.4%
1982 58.1%
1981 54.06%
1980 50.12%
1979 49.92%
1978 45.76%
1977 47.51%
1976 48.55%
1975 45.92%
1974 52.89%
1973 48.03%
1972 44.14%
1971 43.77%
1970 44.96%
Belgium Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Belgium compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $377.27B $393.16B 2024
Annual Imports $366.89B $415.14B 2024
Balance of Trade €1B €3.5B Aug'25
Exports €36.4B €43.1B Aug'25
FDI Inflows (% GDP) -5.35% -0.43% 2024
Imports €35.4B €39.6B Aug'25
Imports (% GDP) 79.23% 84.78% 2024
Net Trade (Goods & Services, BoP) -$5.57B -$3.92B 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 158.45% 168.96% 2024