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 three months of 2020, Belgium ran a foreign trade surplus of roughly EUR 5.6 billion, which is almost EUR 2.2 billion more than after the first quarter of 2019.
Belgium's top 15 customers
With roughly EUR 17.1 billion, Germany remained our number one client after the first three months of 2020. However, exports to this country were down by 8.4% (-EUR 1.6 billion) when compared to the same period a year earlier. France held on to second place with exports amounting to EUR 13.5 billion. In comparison to a year earlier, exports had decreased by 5.8% (-EUR 835.9 million). Finally, Belgian exports to the Netherlands have dropped by 6.0% (-EUR 713.4 million) in value to EUR 11.1 billion after the first quarter of 2020.
Belgium's top 15 suppliers
The Netherlands are still Belgium’s number one supplier. However, imports from this country have decreased by 7.2% (-EUR 1.2 billion) in value and amounted to roughly EUR 15.6 billion after the first three months of 2020. Germany remained in second place with imports amounting to nearly EUR 12.4 billion, which is a drop of 7.2% (-EUR 967.5 million) when compared to the same period a year earlier. Meanwhile, France held on to third place with EUR 8.6 billion (-7.4% or -EUR 689.4 million).