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Belgium

Belgium ranked No. 17 in total trade value through March with a total of $13.83 billion. Exports totaled $9.16 billion and Imports totaled $4.68 billion, a surplus of $4.48 billion.

January – March 2019

Top Trading Ports

Total Trade: $13.83 billion

RankPortTotal YTD
1John F. Kennedy International Airport $2,083,912,431
2Port of Houston $1,040,943,755
3Port of San Francisco, Calif. $1,009,658,771
4Port of Baltimore, Md. $793,459,729
5Dulles International Airport, Washington D.C., Va. $677,567,548
6Port of New Orleans $592,435,882
7Port of Newark $582,766,785
8Port of Virginia $566,096,355
9Chicago O’Hare International Airport $458,049,681
10Port of New York $429,818,368

U.S. trade with Belgium rose to $13.83 billion through March

Belgium’s trade with the United States rose to $13.83 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 19.49 percent above its total trade during the same time period last year. Belgium’s exports increased 19.34 percent while imports rose 19.76 percent. The U.S. surplus with Belgium was $4.48 billion.

Through March, 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 Port of Baltimore, Md.; and No. 5 Dulles International Airport, Washington D.C., Va.. 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 40.53 percent of Belgium’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 12.93 percent to $2.08 billion.
    Exports rose 25.81 percent to $1.24 billion. Imports fell 1.9 percent to $841.08 million.
  • Trade with No. 2 Port of Houston rose 15.97 percent to $1.04 billion.
    Exports rose 16.09 percent to $809.04 million. Imports rose 15.54 percent to $231.9 million.
  • Trade with No. 3 Port of San Francisco, Calif. rose 83336 percent to $1.01 billion.
    Exports rose 3606178 percent to $1.01 billion. Imports fell 13.81 percent to $1.02 million.
  • Trade with No. 4 Port of Baltimore, Md. rose 165.51 percent to $793.46 million.
    Exports fell 19.89 percent to $146.67 million. Imports rose 458.74 percent to $646.79 million.
  • Trade with No. 5 Dulles International Airport, Washington D.C., Va. rose 169.7 percent to $677.57 million.
    Exports fell 7.36 percent to $87.47 million. Imports rose 276.32 percent to $590.1 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. 20.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Belgium by value through March 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 38.17 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 57.56 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 522.42 percent compared to last year to $1.19 billion.
  • Diamonds, not mounted rose 14.64 percent compared to last year to $778.23 million.
  • Medical instruments for surgeons, dentists, vets fell 20.76 percent compared to last year to $529.67 million.
  • Medicines in individual dosages rose 16.27 percent compared to last year to $528.46 million.
  • Plasma, vaccines, blood rose 2.86 percent compared to last year to $467.37 million.

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

  • Plasma, vaccines, blood rose 189.56 percent compared to last year to $969.48 million.
  • Diamonds, not mounted fell 11.21 percent compared to last year to $593.92 million.
  • Gasoline, other fuels fell 3.86 percent compared to last year to $450.66 million.
  • Medicines in individual dosages rose 98.44 percent compared to last year to $400.53 million.
  • Value added to a returned import rose 5.63 percent compared to last year to $277.36 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.