Overview In June 2021 Canada exported C$173M and imported C$463M from Belgium, resulting in a negative trade balance of C$290M. Between June 2020 and June 2021 the exports of Canada have decreased by C$-12.5M (-6.74%) from C$185M to C$173M, while imports decreased by C$-517M (-52.8%) from C$979M to C$463M.
Trade In June 2021, the top exports of Canada to Belgium were Blood, antisera, vaccines, toxins and cultures (C$17.9M), Potassic Fertilizers (C$15.1M), Packaged Medicaments (C$14.4M), Soybeans (C$13.4M), and Raw Nickel (C$12.9M). In June 2021 the top imports of Canada from Belgium were Refined Petroleum (C$100M), Hormones (C$84.6M), Armored vehicles (C$64.4M), Blood, antisera, vaccines, toxins and cultures (C$43.8M), and Platinum (C$42.6M).
Origins In June 2021 the exports of Canada were mainly from Quebec (C$60.5M), Ontario (C$55.3M), Saskatchewan (C$19.2M), Newfoundland Labrador (C$12.9M), and Nova Scotia (C$9.09M), while imports destinations were mainly Ontario (C$247M), Quebec (C$88.7M), Nova Scotia (C$84.5M), New Brunswick (C$17.9M), and British Columbia (C$11.5M).
Growth In June 2021, the decrease in Canada's year-by-year exports to Belgium was explained primarily by an decrease in product exports in Iron Ore (C$-18.5M or -85.4%), Linseed (C$-17M or -99%), and Wheat (C$-5.97M or -95.5%). In June 2021, the decrease in Canada's year-by-year imports from Belgium was explained primarily by an decrease in product imports in Armored vehicles (C$-599M or -90.3%), Hormones (C$-34.5M or -28.9%), and Cars (C$-13.8M or -61.6%).