Trade Balance in Belgium

Belgium Trade Balance | Economic News & Forecasts

Belgium - Trade Balance

First-quarter growth is thought to have been lethargic but roughly in line with last year’s expansion. Available early-year data points to another investment-led outturn; industrial output posted gains through February, hinting that a nascent stabilization could be afoot. Economic sentiment has not reflected this nor the tight labor market, however, and has instead echoed the broader Eurozone cool-off—and especially the recent downturns in Germany and France. Exports, in turn, have been losing ground since late last year. Ahead of federal elections on 26 May, the fate of earlier economic reforms is up in the air as opinion polls show that the previous center-right government will struggle to hold onto power. Political support for a patchwork of other parties, including a groundswell for the green parties, would likely force coalition talks and renewed emphasis on climate policy; analysts anticipate few changes to the government’s fiscal priorities, however.

Belgium - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)17.8  19.0  21.4  18.9  23.7  

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Belgium Trade Balance Chart


Belgium Trade
Note: Trade balance (in EUR bn).
Source: National Bank of Belgium.

Belgium Facts

ValueChangeDate
Bond Yield0.430.15 %May 13
Exchange Rate1.120.65 %May 13
Stock Market3,452-0.23 %May 13

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