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Belgium Imports (% GDP)

Belgium's imports (% GDP) fell to 79.23% in 2024, down from 84.78% in 2023, according to World Bank. This represents a decrease of 5.55% from the previous year. Belgium has the 19th highest imports (% GDP). Within Europe, it ranks 7th out of 44 countries.

Belgium's exports (% GDP) fell to 79.22% in 2024, down from 84.18% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Imports (% GDP)
2024 79.23%
2023 84.78%
2022 96.7%
2021 87.76%
2020 77.75%
2019 82.5%
2018 84.79%
2017 83.46%
2016 79.44%
2015 77.19%
2014 79.18%
2013 78.66%
2012 80.33%
2011 80.49%
2010 74.33%
2009 66.54%
2008 80.21%
2007 74.17%
2006 72.76%
2005 70.25%
2004 66.01%
2003 63.68%
2002 65.25%
2001 67.96%
2000 69.68%
1999 60.61%
1998 60.53%
1997 60.9%
1996 58.02%
1995 56.26%
1994 54.81%
1993 52.9%
1992 56.26%
1991 58.36%
1990 59.85%
1989 61.37%
1988 57.01%
1987 54.05%
1986 55.04%
1985 61.42%
1984 63.82%
1983 60%
1982 59.82%
1981 56.16%
1980 52.94%
1979 51.65%
1978 46.55%
1977 48.17%
1976 48.26%
1975 45.61%
1974 52.38%
1973 46.11%
1972 41.08%
1971 41.82%
1970 42.77%
Belgium Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries 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
Exports (% GDP) 79.22% 84.18% 2024
FDI Inflows (% GDP) -5.35% -0.43% 2024
Imports €35.4B €39.6B Aug'25
Net Trade (Goods & Services, BoP) -$5.57B -$3.92B 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 158.45% 168.96% 2024