Merchandise exports by the reporting economy in Belgium
Belgium: Merchandise exports by the reporting economy was 562.55 billion current US$ in 2023. ▲ Rising
Merchandise exports by the reporting economy in Belgium, 1997–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Belgium recorded 562.55 billion current US$ for merchandise exports by the reporting economy in 2023.
The figure is down 9.4% on the previous year and up 21.8% over ten years.
Over the whole period, merchandise exports by the reporting economy in Belgium peaked at 620.75 billion current US$ in 2022 and was at its lowest, 171.20 billion current US$, in 1997.
That places Belgium 12th out of 206 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 27 years of available data.
Merchandise exports by the reporting economy in Belgium, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 171.20 billion current US$ | — |
| 1998 | 177.58 billion current US$ | +3.7% |
| 1999 | 173.98 billion current US$ | -2.0% |
| 2000 | 186.75 billion current US$ | +7.3% |
| 2001 | 189.16 billion current US$ | +1.3% |
| 2002 | 214.56 billion current US$ | +13.4% |
| 2003 | 253.76 billion current US$ | +18.3% |
| 2004 | 304.81 billion current US$ | +20.1% |
| 2005 | 331.90 billion current US$ | +8.9% |
| 2006 | 363.26 billion current US$ | +9.4% |
| 2007 | 426.76 billion current US$ | +17.5% |
| 2008 | 467.74 billion current US$ | +9.6% |
| 2009 | 367.80 billion current US$ | -21.4% |
| 2010 | 402.49 billion current US$ | +9.4% |
| 2011 | 469.30 billion current US$ | +16.6% |
| 2012 | 440.24 billion current US$ | -6.2% |
| 2013 | 461.92 billion current US$ | +4.9% |
| 2014 | 466.09 billion current US$ | +0.9% |
| 2015 | 392.69 billion current US$ | -15.7% |
| 2016 | 395.31 billion current US$ | +0.7% |
| 2017 | 425.83 billion current US$ | +7.7% |
| 2018 | 463.15 billion current US$ | +8.8% |
| 2019 | 443.45 billion current US$ | -4.3% |
| 2020 | 419.97 billion current US$ | -5.3% |
| 2021 | 548.03 billion current US$ | +30.5% |
| 2022 | 620.75 billion current US$ | +13.3% |
| 2023 | 562.55 billion current US$ | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 174.26 billion current US$ | 171.20 billion current US$ | 177.58 billion current US$ | 3 |
| 2000s | 310.65 billion current US$ | 186.75 billion current US$ | 467.74 billion current US$ | 10 |
| 2010s | 436.05 billion current US$ | 392.69 billion current US$ | 469.30 billion current US$ | 10 |
| 2020s | 537.82 billion current US$ | 419.97 billion current US$ | 620.75 billion current US$ | 4 |
Countries ranked near Belgium
- 9 Mexico 591.69 billion current US$ compare
- 10 Hong Kong, China 575.97 billion current US$ compare
- 11 Canada 567.83 billion current US$ compare
- 13 United Kingdom of Great Britain and Northern Ireland 487.27 billion current US$ compare
- 14 Singapore 475.78 billion current US$ compare
- 15 Russian Federation 455.15 billion current US$ compare
More private sector data for Belgium
- Merchandise trade 152.4% (2025)
- Food imports 11.8% (2024)
- Manufactures imports 66.2% (2024)
- Merchandise imports 537.70 billion current US$ (2025)
- Food exports 13.3% (2024)
- Manufactures exports 69.1% (2024)
- Merchandise exports 568.11 billion current US$ (2025)
- Merchandise exports (current US$), per capita 47,573 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.7831 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.44 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Belgium?
- Merchandise exports by the reporting economy in Belgium was 562.55 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Belgium?
- The highest recorded value was 620.75 billion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Belgium?
- The lowest recorded value was 171.20 billion current US$ in 1997.
- How does Belgium rank for merchandise exports by the reporting economy?
- Belgium ranks 12th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Belgium?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.