What does belgium import and export?

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Raymundo Rempel asked a question: What does belgium import and export?
Asked By: Raymundo Rempel
Date created: Sat, Mar 6, 2021 3:42 PM
Date updated: Fri, Jun 24, 2022 6:47 AM

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Top best answers to the question «What does belgium import and export»

Belgium exports machinery and equipment, chemicals, finished diamonds, metals and metal products and foodstuffs. Its main exports partners are its neighboring countries Germany, France, and the Netherlands, but also the UK, US, and Italy.

  • Belgium's main imports are raw materials, machinery and equipment, chemicals, raw diamonds, pharmaceuticals, foodstuffs, transportation equipment, and oil products. Its main exports are machinery and equipment, chemicals, finished diamonds, metals and metal products, and foodstuffs.
  • The country has attained self-sufficient in sugar production, and it imports most of the food items from the Caribbean, which are re-exported to different countries in the European Union. Similarly, Belgium imports also raw crops and processes them for export markets.
  • Belgium imports raw materials and semi-finished goods that are processed in the country and then re-exported. In 2016, the country has the 11th exporter in the world and the 13th importer, according to the World Trade Organization. The total export value increased because of the higher demand for Belgian products in the European Union and Asia.

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