Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Belgium

Belgium ranked No. 19 in total trade value through October with a total of $40.84 billion. Exports totaled $26.45 billion and Imports totaled $14.39 billion, a surplus of $12.06 billion.

January – October 2018

Top Trading Ports

Total Trade: $40.84 billion

RankPortTotal YTD
1John F. Kennedy International Airport $6,763,900,213
2Port of Houston $3,191,664,919
3Port of New Orleans $2,267,696,110
4Port of Newark $1,972,691,419
5Port of New York $1,937,240,254
6Port of Virginia $1,782,048,473
7Port of Baltimore, Md. $1,637,913,422
8Chicago O’Hare International Airport $1,598,119,895
9Cincinnati/Northern Kentucky International Airport $1,365,395,148
10Port of Charleston $1,362,471,029

U.S. trade with Belgium rose to $40.84 billion through October

Belgium’s trade with the United States rose to $40.84 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 8.37 percent above its total trade during the same time period last year. Belgium’s exports increased 5.1 percent while imports rose 14.92 percent. The U.S. surplus with Belgium was $12.06 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Houston; No. 3 Port of New Orleans; No. 4 Port of Newark; and No. 5 Port of New York. 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 Virginia and No. 5 Port of Newark. In the current time period, the top five accounted for 39.5 percent of Belgium’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 11.08 percent to $6.76 billion.
    Exports rose 18.28 percent to $3.6 billion. Imports rose 3.89 percent to $3.17 billion.
  • Trade with No. 2 Port of Houston rose 5.43 percent to $3.19 billion.
    Exports rose 11.35 percent to $2.56 billion. Imports fell 13.33 percent to $629.52 million.
  • Trade with No. 3 Port of New Orleans rose 3.8 percent to $2.27 billion.
    Exports fell 2.24 percent to $1.66 billion. Imports rose 25.17 percent to $602.7 million.
  • Trade with No. 4 Port of Newark rose 23.64 percent to $1.97 billion.
    Exports rose 3.15 percent to $607.87 million. Imports rose 35.64 percent to $1.36 billion.
  • Trade with No. 5 Port of New York rose 31.81 percent to $1.94 billion.
    Exports rose 30.62 percent to $1.81 billion. Imports rose 51.86 percent to $125.13 million.

Belgium ranked No. 19 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 $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Belgium by value through October were the categories of Diamonds, not mounted; Medical instruments for surgeons, dentists, vets; Plasma, vaccines, blood; Medicines in individual dosages; and Gasoline, other fuels, respectively. They accounted for 33.34 percent of total exports to Belgium.

The value of the top five categories of U.S. imports from Belgium –– Diamonds, not mounted; Gasoline, other fuels; Plasma, vaccines, blood; Value added to a returned import; and Medicines in individual dosages –– accounted for 54.21 percent of all inbound shipments.

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

  • Diamonds, not mounted rose 16.65 percent compared to last year to $2.6 billion.
  • Medical instruments for surgeons, dentists, vets fell 13.49 percent compared to last year to $2.03 billion.
  • Plasma, vaccines, blood rose 26.43 percent compared to last year to $1.72 billion.
  • Medicines in individual dosages rose 4.16 percent compared to last year to $1.68 billion.
  • Gasoline, other fuels rose 29.29 percent compared to last year to $790.78 million.

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

  • Diamonds, not mounted rose 1.21 percent compared to last year to $2.51 billion.
  • Gasoline, other fuels rose 61.63 percent compared to last year to $1.87 billion.
  • Plasma, vaccines, blood rose 192.25 percent compared to last year to $1.74 billion.
  • Value added to a returned import fell 34.64 percent compared to last year to $877.48 million.
  • Medicines in individual dosages rose 21.88 percent compared to last year to $808.35 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.