Belgium - Balance of Goods




Belgium: Balance of Goods

Mnemonic TRBG.IBEL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Monthly 99.17 %
Data Jun 2020 3,106
May 2020 1,559

Series Information

Source National Bank of Belgium - Belgostat (BNB)
Release Foreign Trade
Frequency Monthly
Start Date 1/31/1993
End Date 6/30/2020

Belgium: Trade

Reference Last Previous Units Frequency
Balance of Goods Jun 2020 3,106 1,559 Mil. EUR, NSA Monthly
Exports of Goods Jun 2020 30,411 25,203 Mil. EUR, NSA Monthly
Exports of Goods and Services 2020 Q2 80,037 95,273 Mil. EUR, CDASA Quarterly
Imports of Goods Jun 2020 27,305 23,643 Mil. EUR, NSA Monthly
Imports of Goods and Services 2020 Q2 77,544 93,163 Mil. EUR, CDASA Quarterly
Net Exports 2020 Q2 2,493 2,110 Mil. EUR, CDASA Quarterly
Real Exports of Goods and Services 2020 Q2 79,776 92,020 Mil. Ch. 2015 EUR, CDASA Quarterly
Real Imports of Goods and Services 2020 Q2 77,904 90,452 Mil. Ch. 2015 EUR, CDASA Quarterly
Current Account Balance Mar 2020 1,788 500 Mil. EUR, NSA Monthly

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.