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Bilateral trade sheet United States
This sheet gives an overview of the bilateral trade relations between the United States and Belgium.

Bilateral trade note United States (January 2022)
In addition to general information about, for example, GDP, inflation, the number of inhabitants, global imports and exports, the unemployment rate, etc., this bilateral trade note also contains an analysis of bilateral trade with the United States, as well as an overview of the main import and export sections.

Statistics

  • Bilateral trade sheet United States

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  • Bilateral trade note United States (January 2022)

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Studies

Economic study United States - Texas (November 2016)

 "It's like a whole other country"...   The official tourist slogan of Texas perfectly expresses the unique, distinct character of this state. Texas, also called the "Lone Star State" after its secession from Mexico and before its annexation to the United States in the 19th century, is the 2nd largest state in the US in terms of population, wealth and area. If Texas were independent, it would be the 10th most important economic power in the world!
Oil and gas represent 8.5% of GDP. Economic growth declined from 5.4% in 2012 to 3.8% in 2015, which can be largely explained by the fall in oil prices. Nevertheless, Texas growth still remains higher than the US national average.

Even though this state owes its wealth mainly to black gold, Texas has learnt its lesson from the first oil crises and has reduced its dependence on hydrocarbons over the years in favour of other economic activities. Renewable energy, biotechnology and IT are the new success areas of Texas at international level.

Texas also has a range of assets to attract investors and businesses: a favourable tax regime, financial incentives to support new projects and also several university networks with an excellent reputation for training highly qualified workers and for R&D.

On the occasion of the joint Belgian economic mission to Texas from 3 to 11 December 2016, the Belgian Foreign Trade Agency published an economic study. The first part analyses the macroeconomic situation of the state, while the second part focuses on three of the most dynamic sectors: energy, biotechnology and IT. The final section includes three Belgian success stories.

Document only available in French and Dutch.

cover Economic study United States - Texas (November 2016)

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