Export/ Import

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With exports equal to more than two-thirds of its GDP, Belgium depends heavily on world trade, and it brings a central geographic location and a highly skilled, multilingual and productive work force to the global economy. According to the U.S. State Department, the Belgian industrial sector can be compared to a complex processing machine: It imports raw materials and semi-finished goods that are further processed and re-exported.

Except for its coal, which is no longer economical to exploit, Belgium has virtually no natural resources. Nonetheless, most traditional industrial sectors are represented in the economy, including steel, textiles, refining, chemicals, food processing, pharmaceuticals, automobiles, electronics and machinery fabrication.

Export and Import Facts

Export/ Import Resources