Belgium - Balance of Goods




Belgium: Balance of Goods

Mnemonic TRBG.IBEL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Monthly 5.47 %
Data Apr 2020 2,071
Mar 2020 1,963

Series Information

Source National Bank of Belgium - Belgostat (BNB)
Release Foreign Trade
Frequency Monthly
Start Date 1/31/1993
End Date 4/30/2020

Belgium: Trade

Reference Last Previous Units Frequency
Balance of Goods Apr 2020 2,071 1,963 Mil. EUR, NSA Monthly
Exports of Goods Apr 2020 25,966 32,764 Mil. EUR, NSA Monthly
Imports of Goods Apr 2020 23,894 30,800 Mil. EUR, NSA Monthly
Current Account Balance Mar 2020 1,788 500 Mil. EUR, NSA Monthly
Exports of Goods and Services 2020 Q1 93,197 97,450 Mil. EUR, CDASA Quarterly
Imports of Goods and Services 2020 Q1 90,939 96,531 Mil. EUR, CDASA Quarterly
Net Exports 2020 Q1 2,258 919 Mil. EUR, CDASA Quarterly
Real Exports of Goods and Services 2020 Q1 90,028 93,567 Mil. Ch. 2015 EUR, CDASA Quarterly
Real Imports of Goods and Services 2020 Q1 88,347 92,735 Mil. Ch. 2015 EUR, CDASA Quarterly

Release Information

Description

In accordance with the International Monetary Fund's website:

Total exports (f.o.b.), total imports (c.i.f.) and balance of Belgium in millions of Euro (EUR). Data are based on the special trade system and therefore exclude bonded warehouse trade. Data are obtained from custom declarations for trade with non EU-member States (Extrastat) and from company declarations for trade with EU-member States (Intrastat). Companies whose exports to EU member States is less than 1 million Euro annually are not required to complete an Intrastat declaration (400,000 Euro for imports). For those companies, adjustments are made using data from VAT declarations. For Extrastat, all transactions on custom declarations with a value below 800 Euro or a weight below 1000 kilograms are not registered.

Methodology

Please refer to the summary methodology located on the International Monetary Fund's website.

Revisions

The monthly merchandise trade data are preliminary and subject to revision. Final data are compiled after 6 months.