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Belgium Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Belgium's trade openness was 167.79% in 2025, ranked 19th globally. This represents a 5.6% increase from 2024. Data from World Bank, covering 1970–2025.

167.79% +8.85% (+5.6%)
Year 2025 Rank #19 Global Peak 191.18% (2022) Source World Bank

Belgium Trade Openness (1970–2025)

Overview

Belgium's trade openness stood at 167.79% in 2025, a rise of +8.85% from 2024. Based on recent trends, this figure is projected to reach 167.79% by 2025. Belgium ranked 19th globally.

Belgium’s trade openness, measured as the sum of exports and imports relative to GDP, has risen markedly since the earliest World Bank record in 1970 (87.73) and now stands at 167.79 in 2025, ranking nineteenth worldwide. The indicator reached its all‑time high of 191.18 in 2022, following a long‑term upward trajectory that began after the early‑1970s trough of 85.21 in 1972, a period characterised by post‑oil‑crisis protectionism across Europe. The recent level is closely aligned with peers such as Slovenia (166.74) and Bahrain (168.84), reflecting Belgium’s deep integration into European supply chains and its strategic position as a logistics hub. The sustained increase is underpinned by the country’s participation in the EU single market, high‑value manufacturing exports, and robust services trade. Should global supply‑chain disruptions ease and digital trade facilitation expand, Belgium’s openness is likely to maintain its upward bias, potentially pushing the ratio beyond the 2022 peak in the coming decade.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 166.27% - -
2026* trend 167.03% - -
2025* trend 167.79% - -
2025 167.79% +8.85% #19
2024 158.93% −6.92% #147
2023 165.85% −25.33% #161
2022 191.18% +13.80% #171
2021 177.38% +20.43% #169
2020 156.95% −8.52% #171
2019 165.47% −2.81% #172
2018 168.28% +1.37% #173
2017 166.90% +7.85% #174
2016 159.06% +3.99% #169
2015 155.07% −3.50% #169
2014 158.57% +1.00% #165
2013 157.57% −2.81% #164
2012 160.38% −0.38% #165
2011 160.77% +10.60% #165
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +25.8% GDP growth 6.3% C/A balance 1.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Belgium matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Belgium's trade openness?▾

Belgium's trade openness was 167.79% in 2025. Ranked 19th globally. This represents a 5.6% increase from the previous year.

What was the highest trade openness in Belgium?▾

Belgium's trade openness peaked at 191.18% in 2022.

What was the lowest trade openness in Belgium?▾

The lowest trade openness in Belgium was 85.21% in 1972.

How does Belgium rank in trade openness?▾

Belgium ranks 19th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Belgium in 2025?▾

Belgium's trade openness is projected to reach 167.79% by 2025 based on trend extrapolation.

What is the trade openness of Belgium in 2025?▾

The trade openness of Belgium in 2025 was 167.79%. This ranks 19th in the world.

Cite this page

APA
Belgium Trade Openness. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/belgium/trade-openness/
BibTeX
@misc{historysaid_belgium_trade-openness, title = {Belgium Trade Openness}, url = {https://historysaid.com/belgium/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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