Belgium
On this page you will find beneficial information regarding foreign direct investment in / trading with Belgium. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Federal Parliamentary Democracy under a Constitutional Monarchy
Population: 11.59 million (2021)
GDP: 594.1 billion USD (2021)
Corporate Tax Rate: 15%
Personal Income Tax Rate: 25% - 50%
Major Exports: Vaccines, blood, antisera, toxins and cultures ($47.2B), Cars ($23B), Packaged Medicaments ($22.3B), Refined Petroleum ($18.1B), and Diamonds ($13.9B), exporting mostly to Germany ($62.7B), France ($59.9B), Netherlands ($50.4B), United Kingdom ($26B), and United States ($24.7B).
Major Imports: Cars ($25.4B), Vaccines, blood, antisera, toxins and cultures ($22.5B), Refined Petroleum ($21.1B), Packaged Medicaments ($19.8B), and Petroleum Gas ($19.7B), importing mostly from Netherlands ($80.2B), Germany ($59.1B), France ($43.8B), United States ($28.7B), and China ($26.4B).
Investment Agency: Belgian Foreign Trade Agency
Website: https://www.abh-ace.be/en
