|Unit||Mil. EUR, NSA|
|Adjustments||Not Seasonally Adjusted|
|Balance of Goods||May 2020||591.6||1,010||Mil. EUR, NSA||Monthly|
|Exports of Goods||May 2020||25,926||24,614||Mil. EUR, NSA||Monthly|
|Imports of Goods||May 2020||25,335||23,604||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|
For Belgium, detailed balance of payments per IMF BPM5 and bPM6. Quarterly under BPM6 from 2008, under BPM5 from 1995 to 2014.
Sources used for this release include NBB who had responsibility for publishing balance of payments (BOP) data for Belgium since 2002.
The major source for compiling balance of payments is the international transactions reporting system (ITRS). The responsibility for reporting rests with residents and applies to payments made within and outside the domestic banking system.
In addition to the above procedures, some major enterprises report all their transactions directly to NBB.
Foreign trade statistics are used for compiling transactions in goods since September 2001.
An annual survey of foreign direct investment, since 1996, is used to improve the corresponding items in the BOP.
The main balance of payments items:
Data prior to entry into EMU (prior to 1999) have been converted from the former national currency using the appropriate irrevocable conversion rate. The presentation facilitates comparisons within a country over time and ensures the historical evolution (i.e. growth rates) is preserved. However, pre-EMU euro are a notional unit and are not normally suitable to form area aggregates or to carry out cross-country comparisons.
In January 2006, the Bank switched to a new system of collecting data needed to create the balance of payments. This totally changed the reporting of the balance of payment data. The series have been running in parallel to one another to avoid disruptions.
For more information on revisions in 2007: