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Trade between Australia and Belgium

In 2024, Australia exported $1.3 billion to Belgium and imported $2.2 billion. Australia ran a deficit of $832 million with Belgium, compared with a deficit of $720 million in 2019. Belgium was Australia’s 25th largest trading partner (0.5% of its trade), and Australia was Belgium’s 33rd (0.5%).

Summary

Australia → Belgium
$1.3billion
Belgium → Australia
$2.2billion
Australia’s balance
-$832million

Balance

Australia’s trade balance with Belgium

Trade between Australia and Belgium grew 3.3-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.3
  • Imports 2.2
  • Balance -0.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$470 million$599 million-$129 million
1996$606 million$604 million$2 million
1997$735 million$569 million$167 million
1998$856 million$486 million$369 million
1999$760 million$475 million$285 million
2000$664 million$514 million$150 million
2001$558 million$495 million$63 million
2002$601 million$630 million-$29 million
2003$633 million$874 million-$241 million
2004$850 million$1 billion-$187 million
2005$1.2 billion$1.2 billion$11 million
2006$1.7 billion$1.3 billion$475 million
2007$2 billion$1.5 billion$467 million
2008$1.6 billion$1.8 billion-$186 million
2009$993 million$1.4 billion-$444 million
2010$1 billion$1.5 billion-$470 million
2011$1.7 billion$1.7 billion-$37 million
2012$1.8 billion$1.7 billion$86 million
2013$873 million$1.7 billion-$784 million
2014$984 million$1.6 billion-$602 million
2015$723 million$1.3 billion-$555 million
2016$610 million$1.3 billion-$692 million
2017$916 million$1.6 billion-$685 million
2018$845 million$1.7 billion-$809 million
2019$641 million$1.4 billion-$720 million
2020$486 million$1.4 billion-$886 million
2021$707 million$2.5 billion-$1.8 billion
2022$1.1 billion$2.1 billion-$995 million
2023$1.2 billion$2.1 billion-$995 million
2024$1.3 billion$2.2 billion-$832 million

What they sell each other

What Australia sells to Belgium

The top 10 headings in 2024, with their share of the total.

  1. Rapeseed (canola)$529 million · 39.6%
    749 thousand tonnes · Australia’s destinations
  2. Coal$479 million · 35.8%
    1.8 million tonnes · Australia’s destinations
  3. 881 tonnes · Belgium’s sources
  4. Titanium ore$40 million · 3%
    32 thousand tonnes
  5. Diamonds$37 million · 2.8%
    Belgium’s sources
  6. Aluminum scrap$26 million · 2%
    12 thousand tonnes
  7. Precious metal scrap$13 million · 0.95%
    4 thousand tonnes
  8. Slag and ash with metals$11 million · 0.8%
    5 thousand tonnes
  9. Copper matte$8 million · 0.6%
    3 thousand tonnes
  10. Wine$8 million · 0.58%
    10 thousand tonnes · Australia’s destinations

What Belgium sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Vaccines, blood and antisera$610 million · 28.2%
    378 tonnes · Belgium’s destinations
  2. Refined petroleum$254 million · 11.7%
    331 thousand tonnes · Belgium’s destinations
  3. 6 thousand tonnes · Belgium’s destinations
  4. Frozen vegetables$112 million · 5.2%
    62 thousand tonnes
  5. 3 thousand tonnes
  6. Detergents and surfactants$46 million · 2.1%
    5 thousand tonnes
  7. Chocolate$43 million · 2%
    4 thousand tonnes · Belgium’s destinations
  8. Bread, biscuits and pastries$29 million · 1.4%
    6 thousand tonnes
  9. Plain frozen vegetables$25 million · 1.1%
    19 thousand tonnes
  10. 727 tonnes

How it travels

Estimated sea route from Sydney to Antwerp.

The estimated sea route between Sydney and Antwerp is 13,312 nautical miles (24,653 km) long: ≈ 31–39.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Strait of Dover (13,312 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait, the Suez Canal, the Strait of Gibraltar and the Strait of Dover (12,691 nautical miles).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.5 billion · 70.6%
  2. Air$1 billion · 29.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Belgium was Australia’s 25th largest trading partner (0.5% of its trade), and Australia was Belgium’s 33rd (0.5%).

Belgium in Australia’s trade
0.5%
Belgium’s rank among Australia’s partners
25th
Australia in Belgium’s trade
0.5%
Australia’s rank among Belgium’s partners
33rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.