Overview In May 2021 Belgium's Electrical machinery and equipment exports accounted up to €767M and imports accounted up to €1.55B, resulting in a negative trade balance of €784M. Between May 2020 and May 2021 the exports of Belgium's Electrical machinery and equipment have increased by €119M (18.3%) from €649M to €767M, while imports increased by €440M (39.6%) from €1.11B to €1.55B.
Destinations In May 2021, Electrical machinery and equipment were exported mostly to Germany (€127M), Netherlands (€109M), France (€82.6M), United States (€41M), and Italy (€38.4M), and were imported mostly from Netherlands (€358M), China (€213M), Germany (€199M), France (€198M), and Poland (€84.8M).
Growth In May 2021, the increase in Electrical machinery and equipment's year-by-year exports was explained primarily by an increase in exports to France (€21.8M or 35.8%), United States (€10.2M or 33.3%), and Czechia (€9.78M or 125%). In May 2021, the increase in Electrical machinery and equipment's year-by-year imports was explained primarily by an increase in imports from Netherlands (€119M or 50%), China (€89.9M or 72.8%), and France (€48.3M or 32.4%).