Belgium - Balance of Goods




Belgium: Balance of Goods

Mnemonic TRBG.IBEL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Monthly 1.63 %
Data Jan 2020 711
Dec 2019 722.8

Series Information

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

Belgium: Trade

Reference Last Previous Units Frequency
Balance of Goods Jan 2020 711 722.8 Mil. EUR, NSA Monthly
Exports of Goods Jan 2020 33,041 30,148 Mil. EUR, NSA Monthly
Imports of Goods Jan 2020 32,330 29,425 Mil. EUR, NSA Monthly
Current Account Balance Dec 2019 -503 -1,565 Mil. EUR, NSA Monthly
Exports of Goods and Services 2019 Q4 97,074 96,402 Mil. EUR, CDASA Quarterly
Imports of Goods and Services 2019 Q4 96,616 96,252 Mil. EUR, CDASA Quarterly
Net Exports 2019 Q4 458 150 Mil. EUR, CDASA Quarterly
Real Exports of Goods and Services 2019 Q4 93,217 92,670 Mil. Ch. 2015 EUR, CDASA Quarterly
Real Imports of Goods and Services 2019 Q4 92,840 92,047 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.