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Belgium

Belgium ranked No. 17 in total trade value through February with a total of $8.86 billion. Exports totaled $5.97 billion and Imports totaled $2.89 billion, a surplus of $3.08 billion.

January – February 2019

Top Trading Ports

Total Trade: $8.86 billion

RankPortTotal YTD
1John F. Kennedy International Airport $1,232,187,667
2Port of San Francisco, Calif. $880,813,579
3Port of Houston $677,706,165
4Port of Baltimore, Md. $562,466,995
5Port of New Orleans $402,042,031
6Dulles International Airport, Washington D.C., Va. $396,226,799
7Port of Newark $372,110,410
8Port of Virginia $351,814,458
9Chicago O’Hare International Airport $288,962,123
10Port of New York $282,290,071

U.S. trade with Belgium rose to $8.86 billion through February

Belgium’s trade with the United States rose to $8.86 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 21.43 percent above its total trade during the same time period last year. Belgium’s exports increased 23.63 percent while imports rose 17.13 percent. The U.S. surplus with Belgium was $3.08 billion.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of San Francisco, Calif.; No. 3 Port of Houston; No. 4 Port of Baltimore, Md.; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Houston No. 3 Port of New Orleans No. 4 Port of New York and No. 5 Port of Virginia. In the current time period, the top five accounted for 42.36 percent of Belgium’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 3.46 percent to $1.23 billion.
    Exports rose 18.97 percent to $783.44 million. Imports fell 15.73 percent to $448.75 million.
  • Trade with No. 2 Port of San Francisco, Calif. rose 86354 percent to $880.81 million.
    Exports rose 3146817 percent to $880.16 million. Imports fell 34.15 percent to $652,460.
  • Trade with No. 3 Port of Houston rose 21.02 percent to $677.71 million.
    Exports rose 23.61 percent to $533.57 million. Imports rose 12.33 percent to $144.14 million.
  • Trade with No. 4 Port of Baltimore, Md. rose 188.21 percent to $562.47 million.
    Exports fell 39.09 percent to $78.18 million. Imports rose 624.86 percent to $484.29 million.
  • Trade with No. 5 Port of New Orleans fell 22.4 percent to $402.04 million.
    Exports fell 25.62 percent to $248.61 million. Imports fell 16.55 percent to $153.43 million.

Belgium ranked No. 17 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 21.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Belgium by value through February were the categories of Motor vehicles for transporting people; Diamonds, not mounted; Medicines in individual dosages; Medical instruments for surgeons, dentists, vets; and Plasma, vaccines, blood, respectively. They accounted for 39.92 percent of total exports to Belgium.

The value of the top five categories of U.S. imports from Belgium –– Plasma, vaccines, blood; Diamonds, not mounted; Gasoline, other fuels; Medicines in individual dosages; and Value added to a returned import –– accounted for 57.47 percent of all inbound shipments.

Looking more closely at U.S. exports to Belgium:

  • Motor vehicles for transporting people rose 1050.01 percent compared to last year to $940.06 million.
  • Diamonds, not mounted rose 10.98 percent compared to last year to $499.6 million.
  • Medicines in individual dosages rose 19.22 percent compared to last year to $330.54 million.
  • Medical instruments for surgeons, dentists, vets fell 25.66 percent compared to last year to $317.95 million.
  • Plasma, vaccines, blood fell 6.41 percent compared to last year to $296.04 million.

Looking more closely at U.S. imports from Belgium:

  • Plasma, vaccines, blood rose 281.11 percent compared to last year to $707.61 million.
  • Diamonds, not mounted fell 24.36 percent compared to last year to $320.47 million.
  • Gasoline, other fuels fell 7.15 percent compared to last year to $265.98 million.
  • Medicines in individual dosages rose 45.61 percent compared to last year to $216.62 million.
  • Value added to a returned import fell 9.99 percent compared to last year to $151.05 million.

In the latest annual figures available, Belgium recorded $45.01 billion in trade with the United States. At year’s end, its were New York City; Houston; New Orleans; Atlanta/Savannah; and Los Angeles. Total U.S. exports to Belgium were $ 29.91 billion and imports from Belgium were $15.09 billion. The U.S. surplus with Belgium was $14.82 billion.