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Trade between Belgium and Canada

In 2024, Belgium exported $3.2 billion to Canada and imported $2.6 billion. Belgium ran a surplus of $574 million with Canada, compared with a surplus of $586 million in 2019. Canada was Belgium’s 22nd largest trading partner (0.8% of its trade), and Belgium was Canada’s 16th (0.6%).

Summary

Belgium → Canada
$3.2billion
Canada → Belgium
$2.6billion
Belgium’s balance
$574million

Balance

Belgium’s trade balance with Canada

Trade between Belgium and Canada grew 3.3-fold since 1995

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

  • Exports 3.2
  • Imports 2.6
  • Balance +0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$595 million$1.2 billion-$559 million
1996$640 million$991 million-$351 million
1997$681 million$1.2 billion-$509 million
1998$823 million$1.3 billion-$430 million
1999$731 million$1.7 billion-$936 million
2000$695 million$1.7 billion-$1 billion
2001$691 million$1.7 billion-$1 billion
2002$928 million$1.5 billion-$550 million
2003$890 million$1.3 billion-$420 million
2004$1.1 billion$1.7 billion-$629 million
2005$1.5 billion$1.5 billion-$28 million
2006$1.8 billion$1.8 billion-$60 million
2007$2.3 billion$3 billion-$728 million
2008$2.2 billion$3.2 billion-$1 billion
2009$1.4 billion$1.9 billion-$559 million
2010$1.6 billion$2 billion-$359 million
2011$1.7 billion$2 billion-$305 million
2012$1.8 billion$2 billion-$213 million
2013$1.7 billion$2.7 billion-$980 million
2014$2 billion$3.3 billion-$1.3 billion
2015$1.8 billion$2.5 billion-$781 million
2016$1.6 billion$2.3 billion-$633 million
2017$2.3 billion$2.5 billion-$165 million
2018$3.4 billion$3 billion$391 million
2019$3.7 billion$3.1 billion$586 million
2020$3.2 billion$3 billion$213 million
2021$4 billion$3.4 billion$629 million
2022$3.6 billion$4 billion-$391 million
2023$3.6 billion$3.4 billion$171 million
2024$3.2 billion$2.6 billion$574 million

What they sell each other

What Belgium sells to Canada

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

  1. Vaccines, blood and antisera$692 million · 21.6%
    490 tonnes · Belgium’s destinations
  2. Refined petroleum$420 million · 13.1%
    674 thousand tonnes · Belgium’s destinations
  3. Hormones$304 million · 9.5%
    25 tonnes
  4. Medicines in measured doses or retail packs$299 million · 9.3%
    1 thousand tonnes · Belgium’s destinations
  5. Harvesters and farm machinery$164 million · 5.1%
    13 thousand tonnes
  6. Cars$130 million · 4.1%
    8 thousand tonnes · Belgium’s destinations
  7. Pitch and pitch coke$110 million · 3.4%
    122 thousand tonnes
  8. Chocolate$71 million · 2.2%
    10 thousand tonnes · Belgium’s destinations
  9. Air pumps, compressors and fans$37 million · 1.2%
    1 thousand tonnes
  10. Platinum$37 million · 1.1%
    1 tonne · Belgium’s destinations

What Canada sells to Belgium

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

  1. Diamonds$847 million · 32.1%
    2 tonnes · Canada’s destinations
  2. Medicines in measured doses or retail packs$301 million · 11.4%
    174 tonnes · Canada’s destinations
  3. Iron ore$287 million · 10.9%
    2.9 million tonnes · Canada’s destinations
  4. Potash fertilizers$234 million · 8.9%
    789 thousand tonnes
  5. Nickel ore$74 million · 2.8%
    6 thousand tonnes
  6. Rapeseed (canola)$53 million · 2%
    132 thousand tonnes · Canada’s destinations
  7. Soybeans$51 million · 1.9%
    123 thousand tonnes · Canada’s destinations
  8. Unwrought nickel$42 million · 1.6%
    5 thousand tonnes
  9. Slag and ash with metals$36 million · 1.4%
    1 thousand tonnes
  10. Other pharmaceutical goods$31 million · 1.2%
    216 tonnes

How it travels

Estimated sea route from Antwerp to Vancouver.

The estimated sea route between Antwerp and Vancouver is 9,068 nautical miles (16,793 km) long: ≈ 21–27 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Dover and Panama Canal.

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$2.9 billion · 48.8%
  2. Air$3 billion · 51.2%

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

How much each matters to the other

Canada was Belgium’s 22nd largest trading partner (0.8% of its trade), and Belgium was Canada’s 16th (0.6%).

Canada in Belgium’s trade
0.8%
Canada’s rank among Belgium’s partners
22nd
Belgium in Canada’s trade
0.6%
Belgium’s rank among Canada’s partners
16th

Compare with

Other partners of Belgium

Other partners of Canada

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.