Belgium's net trade in goods and services (current US$, BoP) was −US$3.76 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 157.76% from US$6.5 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$3.76 billion | 2025 |
| Five years earlier | US$7.6 billion | 2020 |
| Ten years earlier | US$6.5 billion | 2015 |
| Highest | US$12.29 billion | 2004 |
| Lowest | −US$12.55 billion | 2022 |
| Average since 2016 | US$1.58 billion | 2016–2025 |
| First recorded | US$11.49 billion |
What the numbers say
In 2025, Belgium's net trade in goods and services (current US$, BoP) fell US$4.54 billion on 2024 (from US$788.04 million to −US$3.76 billion).
Across the 22 yearly changes before that (2003 to 2024), the average change was −US$486.28 million and a typical year strayed about US$8.04 billion from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$13.09 billion in 2023 and the biggest yearly fall was US$23.94 billion in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Belgium had the 102nd highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Belgium in the 2025 ranking
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 24 values
| Year | Net trade in goods and services (current US$, BoP) |
|---|---|
| 2025 | -3,756,416,971 |
| 2024 | 788,036,168 |
| 2023 | 545,548,197 |
| 2022 | -12,547,518,453 |
| 2021 | 11,388,159,906 |
| 2020 | 7,602,144,463 |
| 2019 | 2,506,542,715 |
| 2018 | -1,650,684,748 |
| 2017 | 5,262,605,954 |
| 2016 | 5,685,017,502 |
Net trade in goods and services (current US$, BoP) in nearby economies
- Albania — −US$1.65 billion (2025)
- Armenia — −US$2.06 billion (2025)
- Austria — US$12.93 billion (2025)
- Azerbaijan — US$4.72 billion (2025)
- Belarus — −US$1.33 billion (2025)
- Bosnia and Herzegovina — −US$4.25 billion (2025)
- Bulgaria — −US$1.37 billion (2025)
- Croatia — −US$4.84 billion (2025)
- Cyprus — US$2.4 billion (2025)
- Czechia
More economic policy & debt data for Belgium
- Total reserves, including gold (current US$) — US$56.39 billion (2025)
- Total reserves, excluding gold (current US$) — US$24.46 billion (2025)
- GDP (current US$) — US$725.47 billion (2025)
- GDP (current LCU) — 642.02 billion (2025)
- GDP (constant 2015 US$) — US$539.12 billion (2025)
- GDP (constant LCU) — 531.48 billion (2025)
- GDP per capita (current US$) — US$60,750 (2025)
- GDP per capita (current LCU) — 53,762 (2025)
- GDP per capita (constant 2015 US$) — US$45,146 (2025)
- GDP per capita (constant LCU) — 44,506 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Belgium's net trade in goods and services (current US$, BoP)?
- −US$3.76 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 132.7% from US$11.49 billion in 2002. The highest value was US$12.29 billion in 2004 and the lowest −US$12.55 billion in 2022.
- How does Belgium rank?
- 102nd highest of 136 economies with data for 2025.
- Is the latest change in net trade in goods and services (current US$, BoP) unusual for Belgium?
- In 2025, Belgium's net trade in goods and services (current US$, BoP) fell US$4.54 billion on 2024 (from US$788.04 million to −US$3.76 billion). Across the 22 yearly changes before that (2003 to 2024), the average change was −US$486.28 million and a typical year strayed about US$8.04 billion from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BN.GSR.GNFS.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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