China / Belgium

Overview In October 2024, China exported $2.88B and imported $456M from Belgium, resulting in a positive trade balance of $2.42B. Between October 2023 and October 2024 the exports of China have increased by $188M (7.01%) from $2.69B to $2.88B, while imports decreased by $-180M (-28.3%) from $635M to $456M.

Trade In October 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 October 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 October 2024 the exports of China were mainly from Shanghai Province ($568M), Guangdong Province ($457M), Jiangsu Province ($430M), Zhejiang Province ($366M), and Shandong Province ($213M), while imports destinations were mainly Guangdong Province ($141M), Shanghai Province ($125M), Jiangsu Province ($53.2M), Beijing ($35.3M), and Zhejiang Province ($32.6M).

Growth In October 2024, the increase in China's year-by-year exports to Belgium was explained primarily by an increase in product exports in Nitrogen Heterocyclic Compounds ($208M or 533%), Refined Petroleum ($124M or 2.91k%), and Cars ($110M or 16.6%). In October 2024, the decrease in China's year-by-year imports  from Belgium was explained primarily by an decrease in product imports  in Diamonds ($-107M or -65%), Platinum ($-85.5M or -97.2%), and Beauty Products ($-55.3M or -72.7%).