Merchandise imports from low- and middle-income economies in Latin in Belgium
Belgium: Merchandise imports from low- and middle-income economies in Latin was 1.9% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Belgium, 1997–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in latin in Belgium stood at 1.9%.
The figure is down 8.1% on the previous year and up 1.2% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Belgium peaked at 2.6% in 2017 and was at its lowest, 1.6%, in 2005.
That places Belgium 98th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Belgium, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1997 | 1.7% | — |
| 1998 | 1.9% | +6.0% |
| 1999 | 1.7% | -5.9% |
| 2000 | 1.7% | -0.0% |
| 2001 | 1.8% | +1.0% |
| 2002 | 1.7% | -5.3% |
| 2003 | 1.7% | +1.6% |
| 2004 | 1.6% | -3.6% |
| 2005 | 1.6% | -2.2% |
| 2006 | 1.9% | +16.2% |
| 2007 | 2.1% | +15.5% |
| 2008 | 2.1% | -0.0% |
| 2009 | 2.0% | -7.9% |
| 2010 | 2.0% | +0.7% |
| 2011 | 2.1% | +5.4% |
| 2012 | 2.0% | -5.8% |
| 2013 | 1.8% | -6.8% |
| 2014 | 2.0% | +9.4% |
| 2015 | 2.5% | +23.6% |
| 2016 | 2.5% | +2.1% |
| 2017 | 2.6% | +4.0% |
| 2018 | 2.6% | -1.6% |
| 2019 | 2.3% | -9.6% |
| 2020 | 2.2% | -7.0% |
| 2021 | 2.1% | -3.0% |
| 2022 | 2.0% | -4.2% |
| 2023 | 1.9% | -8.1% |
Belgium compared with similar countries
- Belgium's 1.9% is above the median for high income countries, which is 1.5%, 1.2× the median. (74 countries reporting)
- Belgium's 1.9% is above the median for Europe & Central Asia, which is 1.2%, 1.5× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8% | 1.7% | 1.9% | 3 |
| 2000s | 1.8% | 1.6% | 2.1% | 10 |
| 2010s | 2.3% | 1.8% | 2.6% | 10 |
| 2020s | 2.0% | 1.9% | 2.2% | 4 |
Countries ranked near Belgium
- 95 Armenia 2.0% compare
- 96 Sao Tome and Principe 2.0% compare
- 97 Burkina Faso 2.0% compare
- 99 Finland 1.8% compare
- 100 Kosovo 1.8% compare
- 100 Kosovo (UNSCR 1244) 1.8% 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 imports from low- and middle-income economies in latin in Belgium?
- Merchandise imports from low- and middle-income economies in latin in Belgium was 1.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Belgium?
- The highest recorded value was 2.6% in 2017.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Belgium?
- The lowest recorded value was 1.6% in 2005.
- How does Belgium rank for merchandise imports from low- and middle-income economies in latin?
- Belgium ranks 98th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Belgium?
- Over the last ten years it is up 1.2%. 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 imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.