Merchandise exports to low- and middle-income economies in Latin in Belgium
Belgium: Merchandise exports to low- and middle-income economies in Latin was 2.0% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Belgium, 1997–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in latin in Belgium stood at 2.0%. That is the highest value across all 27 years on record.
The figure is up 10.7% on the previous year and up 8.4% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Belgium peaked at 2.0% in 2023 and was at its lowest, 0.9%, in 1999.
Belgium ranks 67th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Belgium, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1997 | 1.1% | — |
| 1998 | 1.0% | -4.2% |
| 1999 | 0.9% | -17.5% |
| 2000 | 1.1% | +24.3% |
| 2001 | 1.1% | +5.9% |
| 2002 | 1.0% | -10.6% |
| 2003 | 0.9% | -13.3% |
| 2004 | 0.9% | +1.7% |
| 2005 | 0.9% | +3.6% |
| 2006 | 1.0% | +3.8% |
| 2007 | 1.0% | +9.3% |
| 2008 | 1.2% | +11.6% |
| 2009 | 1.1% | -3.0% |
| 2010 | 1.4% | +26.1% |
| 2011 | 1.4% | +2.0% |
| 2012 | 1.5% | +6.7% |
| 2013 | 1.9% | +22.2% |
| 2014 | 1.7% | -9.7% |
| 2015 | 1.6% | -8.2% |
| 2016 | 1.5% | -1.5% |
| 2017 | 1.7% | +13.1% |
| 2018 | 1.6% | -9.2% |
| 2019 | 1.6% | -1.9% |
| 2020 | 1.5% | -1.0% |
| 2021 | 1.6% | +5.9% |
| 2022 | 1.8% | +13.5% |
| 2023 | 2.0% | +10.7% |
Belgium compared with similar countries
- Belgium's 2.0% is above the median for high income countries, which is 1.7%, 1.2× the median. (74 countries reporting)
- Belgium's 2.0% is above the median for Europe & Central Asia, which is 0.8%, 2.6× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.0% | 0.9% | 1.1% | 3 |
| 2000s | 1.0% | 0.9% | 1.2% | 10 |
| 2010s | 1.6% | 1.4% | 1.9% | 10 |
| 2020s | 1.8% | 1.5% | 2.0% | 4 |
Countries ranked near Belgium
- 64 Finland 2.1% compare
- 65 Malta 2.0% compare
- 66 Marshall Islands 2.0% compare
- 68 Indonesia 2.0% compare
- 69 Luxembourg 2.0% compare
- 70 Central African Republic 1.9% 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 to low- and middle-income economies in latin in Belgium?
- Merchandise exports to low- and middle-income economies in latin in Belgium was 2.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Belgium?
- The highest recorded value was 2.0% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Belgium?
- The lowest recorded value was 0.9% in 1999.
- How does Belgium rank for merchandise exports to low- and middle-income economies in latin?
- Belgium ranks 67th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Belgium?
- Over the last ten years it is up 8.4%. 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 to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.