Overview In 2022, Belgium was the number 25 economy in the world in terms of GDP (current US$), the number 13 in total exports, the number 14 in total imports, the number 19 economy in terms of GDP per capita (current US$) and the number 19 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Belgium are Petroleum Gas ($54.7B), Vaccines, blood, antisera, toxins and cultures ($47.1B), Refined Petroleum ($32.4B), Packaged Medicaments ($24.8B), and Cars ($22.6B), exporting mostly to Germany ($91.9B), France ($71.1B), Netherlands ($65.7B), United States ($29B), and Italy ($22.5B).
In 2022, Belgium was the world's biggest exporter of Other Frozen Vegetables ($3.05B), Looms ($706M), Hydrogen peroxide ($133M), Felt Carpets ($128M), and Zinc Powder ($123M)
Imports The top imports of Belgium are Petroleum Gas ($44.8B), Refined Petroleum ($28.5B), Cars ($28.2B), Packaged Medicaments ($24.3B), and Vaccines, blood, antisera, toxins and cultures ($20.7B), importing mostly from Netherlands ($94.3B), Germany ($61.6B), France ($47.8B), United States ($30.7B), and China ($30.5B).
In 2022, Belgium was the world's biggest importer of Raw Tobacco ($1.37B), Potatoes ($524M), Other Nitrogen Compounds ($406M), Nonmetal Sulfides ($39.5M), and Chalk ($15.8M)
Location Belgium borders France, Germany, Luxembourg, and Netherlands by land and United Kingdom by sea.