China / Belgium

Overview In February 2024, China exported $2.13B and imported $328M from Belgium, resulting in a positive trade balance of $1.8B. Between February 2023 and February 2024 the exports of China have decreased by $-266M (-11.1%) from $2.39B to $2.13B, while imports decreased by $-359M (-52.3%) from $687M to $328M.

Trade In February 2024, the top exports of China to Belgium were Cars ($776M), Nitrogen Heterocyclic Compounds ($248M), Refined Petroleum ($128M), Electric Batteries ($111M), and Large Construction Vehicles ($102M). In February 2024 the top imports of China from Belgium were Diamonds ($57.6M), Packaged Medicaments ($36.4M), Refined Copper ($21.1M), Beauty Products ($20.7M), and Flax Fibers ($20M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($353M), Jiangsu Province ($307M), Hebei Province ($298M), Zhejiang Province ($237M), and Shanghai Province ($166M), while imports destinations were mainly Guangdong Province ($101M), Shanghai Province ($58.9M), Jiangsu Province ($47.6M), Zhejiang Province ($27.3M), and Beijing ($21.8M).

Growth In February 2024, the decrease in China's year-by-year exports to Belgium was explained primarily by an decrease in product exports in Telephones ($-36.1M or -48.1%), Biodiesel and mixtures thereof ($-29M or -45.1%), and Other Coloring Matter ($-21.4M or -80.4%). In February 2024, the decrease in China's year-by-year imports  from Belgium was explained primarily by an decrease in product imports  in Diamonds ($-107M or -65%), Platinum ($-85.5M or -97.2%), and Beauty Products ($-55.3M or -72.7%).