Belgium's major exports encompass a diverse range of products, including pharmaceuticals, vehicles, chemicals, diamonds, machinery, plastics, iron and steel, organic chemicals, electrical machinery, and rubber products. These exports demonstrate Belgium's industrial prowess, innovation, and global competitiveness. By maintaining strong trade relationships with neighboring countries and engaging with international partners, Belgium aims to sustain its economic growth and reinforce its position as a key player in the global trade arena.
Pharmaceuticals
Pharmaceutical products constitute Belgium's top export, with a significant contribution to its economy. In 2020, Belgium exported approximately $51.7 billion worth of pharmaceuticals. Closest trading partners for pharmaceutical exports include Germany, France, and the Netherlands.
Vehicles
Belgium is a major exporter of vehicles, including cars, trucks, and parts. In 2020, vehicle exports were valued at around $18.5 billion. Germany, France, and the United Kingdom are the closest trading partners for Belgium's vehicle exports.
Chemicals and Related Products
Chemical products, including organic and inorganic chemicals, plastics, and fertilizers, are significant contributors to Belgium's export portfolio. In 2020, the export value for chemicals was approximately $17.3 billion. Closest trading partners for chemical exports include Germany, France, and the Netherlands.
Diamonds
Belgium has a long-standing reputation as a global diamond trading hub. In 2020, Belgium exported diamonds with an estimated value of $15.2 billion. The United States, India, and Switzerland are the closest trading partners for Belgium's diamond exports.
Machinery and Equipment
Belgium is recognized for its precision engineering and machinery manufacturing. In 2020, machinery and equipment exports amounted to approximately $14.6 billion. Germany, France, and the Netherlands are the closest trading partners for Belgium's machinery exports.
Plastics
Plastic products, including polymers, packaging materials, and consumer goods, contribute significantly to Belgium's export revenue. In 2020, Belgium exported plastics valued at around $13.8 billion. Germany, France, and the Netherlands are the closest trading partners for Belgium's plastic exports.
Iron and Steel
Belgium has a strong presence in the iron and steel industry, exporting products such as flat-rolled steel, steel bars, and iron ores. In 2020, iron and steel exports were valued at approximately $12.5 billion. Germany, France, and the Netherlands are the closest trading partners for Belgium's iron and steel exports.
Organic Chemicals
Organic chemicals, including medicaments and essential oils, play a vital role in Belgium's export profile. In 2020, organic chemical exports amounted to around $10.9 billion. Germany, France, and the Netherlands are the closest trading partners for Belgium's organic chemical exports.
Electrical Machinery and Equipment
Belgium exports electrical machinery and equipment, including electrical circuits, lighting fixtures, and electric motors. In 2020, exports in this category were valued at approximately $10.6 billion. Germany, the Netherlands, and France are the closest trading partners for Belgium's electrical machinery exports.
Rubber Products
Belgium's rubber product exports encompass a wide range of items, such as tires, tubes, and hoses. In 2020, rubber product exports were valued at around $8.2 billion. Germany, France, and the Netherlands are the closest trading partners for Belgium's rubber product exports.
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