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Belgium

Belgium ranked No. 18 in total trade value through July with a total of $33.07 billion. Exports totaled $20.73 billion and Imports totaled $12.34 billion, a surplus of $8.39 billion.

January – July 2019

Top Trading Ports

Total Trade: $33.07 billion

RankPortTotal YTD
1John F. Kennedy International Airport $4,546,793,640
2Port of Houston $2,663,429,769
3Dulles International Airport, Washington D.C., Va. $2,313,291,592
4Port of San Francisco, Calif. $2,048,284,661
5Port of Newark $1,596,532,020
6Port of Baltimore, Md. $1,558,054,719
7Port of New Orleans $1,429,707,775
8Port of Virginia $1,376,411,098
9Port of Charleston $1,111,116,157
10Chicago O’Hare International Airport $1,048,829,972

U.S. trade with Belgium rose to $33.07 billion through July

Belgium’s trade with the United States rose to $33.07 billion through the first seven months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 14.77 percent above its total trade during the same time period last year. U.S. exports to Belgium increased 10.97 percent while U.S. imports from Belgium rose 21.76 percent. The U.S. surplus with Belgium was $8.39 billion.

Through July, 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 Dulles International Airport, Washington D.C., Va.; No. 4 Port of San Francisco, Calif.; 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 New York and No. 5 Port of Newark. In the current time period, the top five accounted for 39.82 percent of Belgium’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 6.42 percent to $4.55 billion.
    Exports rose 4.25 percent to $2.67 billion. Imports fell 18.29 percent to $1.88 billion.
  • Trade with No. 2 Port of Houston rose 21.3 percent to $2.66 billion.
    Exports rose 13.5 percent to $2 billion. Imports rose 53.19 percent to $661.03 million.
  • Trade with No. 3 Dulles International Airport, Washington D.C., Va. rose 314.66 percent to $2.31 billion.
    Exports rose 0.64 percent to $218.21 million. Imports rose 514.29 percent to $2.1 billion.
  • Trade with No. 4 Port of San Francisco, Calif. rose 83491 percent to $2.05 billion.
    Exports rose 1021159 percent to $2.04 billion. Imports rose 229.27 percent to $7.41 million.
  • Trade with No. 5 Port of Newark rose 16.36 percent to $1.6 billion.
    Exports rose 41.88 percent to $595.83 million. Imports rose 5.1 percent to $1 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 $2.41 trillion, down 0.06 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $956.44 billion; imports climbed 0.38 percent to $1.45 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 $498.31 billion, up compared to the same period of last year when the deficit was $485.95 billion.

The top five U.S. exports to Belgium by value through July 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 38.3 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 58.86 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 507.12 percent compared to last year to $2.63 billion.
  • Diamonds, not mounted fell 7.42 percent compared to last year to $1.72 billion.
  • Medical instruments for surgeons, dentists, vets fell 11.58 percent compared to last year to $1.3 billion.
  • Medicines in individual dosages rose 6.47 percent compared to last year to $1.24 billion.
  • Plasma, vaccines, blood fell 14.5 percent compared to last year to $1.06 billion.

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

  • Plasma, vaccines, blood rose 134.21 percent compared to last year to $2.62 billion.
  • Gasoline, other fuels rose 18 percent compared to last year to $1.46 billion.
  • Diamonds, not mounted fell 25.67 percent compared to last year to $1.38 billion.
  • Medicines in individual dosages rose 101.66 percent compared to last year to $1.11 billion.
  • Motor vehicles for transporting people rose 122.73 percent compared to last year to $690.65 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.