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BELOverview In 2023, Belgium was the number 23 economy in the world in terms of GDP (current US$), the number 13 in total exports, the number 15 in total imports, the number 20 economy in terms of GDP per capita (current US$) and the number 20 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Belgium are Refined Petroleum ($37.1B), Petroleum Gas ($34.1B), Vaccines, blood, antisera, toxins and cultures ($28.1B), Cars ($24.6B), and Packaged Medicaments ($22.4B), exporting mostly to France ($85.6B), Netherlands ($67.3B), Germany ($60.8B), Italy ($27.7B), and United States ($22.6B).
In 2023, Belgium was the world's biggest exporter of Other Frozen Vegetables ($4.4B), Wheat Gluten ($421M), Vegetable and Mineral Carvings ($227M), Hydrogen peroxide ($127M), and Zinc Powder ($117M)
Imports The top imports of Belgium are Cars ($32.2B), Petroleum Gas ($27.5B), Vaccines, blood, antisera, toxins and cultures ($26.3B), Packaged Medicaments ($22.5B), and Crude Petroleum ($21.1B), importing mostly from Netherlands ($87B), Germany ($56.1B), France ($49.2B), United States ($28.6B), and Ireland ($18.7B).
In 2023, Belgium was the world's biggest importer of Unpackaged Medicaments ($3.73B), Potatoes ($951M), Glass Working Machines ($428M), Cobalt Oxides and Hydroxides ($79.5M), and Roofing Tiles ($66.4M)
Location Belgium borders France, Germany, Luxembourg, and Netherlands by land and United Kingdom by sea.
