Belgium

Belgium ranked No. 18 in total trade value through November with a total of $50.87 billion. Exports totaled $32.43 billion and Imports totaled $18.44 billion, a surplus of $13.99 billion.

January – November 2019

Top Trading Ports

Total Trade: $50.87 billion

RankPortTotal YTD
1John F. Kennedy International Airport $6,543,257,134
2Port of Houston $3,982,004,750
3Port of San Francisco, Calif. $3,608,616,783
4Dulles International Airport, Washington D.C., Va. $3,576,828,745
5Port of Newark $2,304,262,011
6Port of New Orleans $2,298,893,037
7Port of Baltimore, Md. $2,261,625,882
8Port of Virginia $2,141,447,441
9Port of Charleston $1,882,624,868
10Chicago O’Hare International Airport $1,707,203,537

U.S. trade with Belgium rose to $50.87 billion through November

Belgium’s trade with the United States rose to $50.87 billion through the first 11 months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.22 percent above its total trade during the same time period last year. U.S. exports to Belgium increased 12.21 percent while U.S. imports from Belgium rose 15.05 percent. The U.S. surplus with Belgium was $13.99 billion.

Through November, 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 San Francisco, Calif.; No. 4 Dulles International Airport, Washington D.C., Va.; and No. 5 Port of Newark. 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 Newark and No. 5 Port of New York. In the current time period, the top five accounted for 39.35 percent of Belgium’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 10.57 percent to $6.54 billion.
    Exports fell 0.71 percent to $3.82 billion. Imports fell 21.5 percent to $2.72 billion.
  • Trade with No. 2 Port of Houston rose 14.15 percent to $3.98 billion.
    Exports rose 8.47 percent to $3.03 billion. Imports rose 36.92 percent to $954.32 million.
  • Trade with No. 3 Port of San Francisco, Calif. rose 89410 percent to $3.61 billion.
    Exports rose 1801248 percent to $3.6 billion. Imports rose 130.23 percent to $8.82 million.
  • Trade with No. 4 Dulles International Airport, Washington D.C., Va. rose 242.25 percent to $3.58 billion.
    Exports fell 3.44 percent to $346.81 million. Imports rose 370.9 percent to $3.23 billion.
  • Trade with No. 5 Port of Newark rose 6.23 percent to $2.3 billion.
    Exports rose 36.01 percent to $893.36 million. Imports fell 6.7 percent to $1.41 billion.

Belgium ranked No. 18 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 19.

Meanwhile, total U.S. trade with the world increased to $3.81 trillion, down 1.42 percent compared to the same period last year. The nation’s exports dropped 1.32 percent to $1.51 trillion; imports dropped 1.48 percent to $2.3 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $786.7 billion, down compared to the same period of last year when the deficit was $800.89 billion.

The top five U.S. exports to Belgium by value through November were the categories of Motor vehicles for transporting people; Diamonds, not mounted; Medical instruments for surgeons, dentists, vets; Medicines in individual dosages; and Plasma, vaccines, blood, respectively. They accounted for 39.58 percent of total exports to Belgium.

The value of the top five categories of U.S. imports from Belgium –– Plasma, vaccines, blood; Gasoline, other fuels; Diamonds, not mounted; Medicines in individual dosages; and Motor vehicles for transporting people –– accounted for 56.73 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 692.93 percent compared to last year to $4.76 billion.
  • Diamonds, not mounted fell 16.95 percent compared to last year to $2.31 billion.
  • Medical instruments for surgeons, dentists, vets fell 1.4 percent compared to last year to $2.2 billion.
  • Medicines in individual dosages rose 3.96 percent compared to last year to $1.89 billion.
  • Plasma, vaccines, blood fell 10.54 percent compared to last year to $1.67 billion.

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

  • Plasma, vaccines, blood rose 86.95 percent compared to last year to $4 billion.
  • Gasoline, other fuels fell 5.58 percent compared to last year to $1.91 billion.
  • Diamonds, not mounted fell 33.33 percent compared to last year to $1.82 billion.
  • Medicines in individual dosages rose 79.44 percent compared to last year to $1.7 billion.
  • Motor vehicles for transporting people rose 141.92 percent compared to last year to $1.03 billion.

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.