Belgium - Balance of Goods




Belgium: Balance of Goods

Mnemonic TRBG.IBEL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Monthly 28.35 %
Data Nov 2019 1,619
Oct 2019 2,259

Series Information

Source National Bank of Belgium - Belgostat (BNB)
Release Foreign Trade
Frequency Monthly
Start Date 1/31/1993
End Date 11/30/2019

Belgium: Trade

Reference Last Previous Units Frequency
Balance of Goods Nov 2019 1,619 2,259 Mil. EUR, NSA Monthly
Exports of Goods Nov 2019 31,234 35,490 Mil. EUR, NSA Monthly
Imports of Goods Nov 2019 29,615 33,230 Mil. EUR, NSA Monthly
Current Account Balance Sep 2019 -481 -1,131 Mil. EUR, NSA Monthly
Exports of Goods and Services 2019 Q3 95,732 96,524 Mil. EUR, CDASA Quarterly
Imports of Goods and Services 2019 Q3 96,339 97,209 Mil. EUR, CDASA Quarterly
Net Exports 2019 Q3 -607 -685 Mil. EUR, CDASA Quarterly
Real Exports of Goods and Services 2019 Q3 92,252 93,061 Mil. Ch. 2015 EUR, CDASA Quarterly
Real Imports of Goods and Services 2019 Q3 91,714 92,455 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.