The Belgian Foreign Trade Agency (BFTA) is responsible for gathering, processing and disseminating comparative national and international statistics. We draw up, among others, bilateral sheets about Belgium’s relationship with other countries and commentary memos on world trade and Belgium’s foreign trade.
After the first six months of 2020, Belgium ran a foreign trade surplus of roughly EUR 9.2 billion, which is EUR 3.6 billion more than after the first semester of 2019.
Belgium's top 15 customers
With roughly EUR 31.9 billion, Germany remained our number one client after the first six months of 2020. However, exports to this country were down by 15.3% (-EUR 5.8 billion) when compared to the same period a year earlier. France held on to second place with exports amounting to EUR 24.4 billion. In comparison to a year earlier, exports had decreased by 15.0% (-EUR 4.3 billion). Finally, Belgian exports to the Netherlands have dropped by 15.8% (-EUR 3.8 billion) in value to EUR 20.3 billion after the first semester of 2020.
Belgium's top 15 suppliers
The Netherlands are still Belgium’s number one supplier. However, imports from this country have decreased by 17.7% (-EUR 6.0 billion) in value and amounted to roughly EUR 27.9 billion after the first six months of 2020. Germany remained in second place with imports amounting to EUR 22.1 billion, which is a drop of 15.1% (-EUR 3.9 billion) when compared to the same period a year earlier. Meanwhile, France held on to third place with EUR 15.9 billion (-18.2% or -EUR 3.5 billion).