Summary
- Belgium → India
- $4billion
- India → Belgium
- $4.2billion
- Belgium’s balance
- -$187million
Balance
Belgium’s trade balance with India
Trade between Belgium and India grew 2.6-fold since 1995
USD billions (current). Belgium’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 4
- Imports 4.2
- Balance -0.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $2 billion | $1.2 billion | $740 million |
| 1996 | $2.4 billion | $1.3 billion | $1.1 billion |
| 1997 | $2.8 billion | $1.4 billion | $1.4 billion |
| 1998 | $2.9 billion | $1.6 billion | $1.3 billion |
| 1999 | $3.7 billion | $1.5 billion | $2.2 billion |
| 2000 | $3.3 billion | $1.7 billion | $1.6 billion |
| 2001 | $2.6 billion | $1.6 billion | $969 million |
| 2002 | $3.7 billion | $1.8 billion | $1.9 billion |
| 2003 | $4 billion | $2.2 billion | $1.8 billion |
| 2004 | $4.6 billion | $2.9 billion | $1.7 billion |
| 2005 | $5.4 billion | $3.2 billion | $2.2 billion |
| 2006 | $4.5 billion | $3.9 billion | $516 million |
| 2007 | $5.5 billion | $4.7 billion | $716 million |
| 2008 | $5.8 billion | $5.6 billion | $122 million |
| 2009 | $5.7 billion | $3.8 billion | $1.9 billion |
| 2010 | $7.6 billion | $4.1 billion | $3.5 billion |
| 2011 | $10.3 billion | $6.1 billion | $4.2 billion |
| 2012 | $10.1 billion | $4.2 billion | $5.9 billion |
| 2013 | $10 billion | $4.4 billion | $5.6 billion |
| 2014 | $11.3 billion | $4.3 billion | $7 billion |
| 2015 | $8.4 billion | $3.6 billion | $4.7 billion |
| 2016 | $7.7 billion | $3.7 billion | $4 billion |
| 2017 | $6.4 billion | $4.2 billion | $2.2 billion |
| 2018 | $9.4 billion | $4.6 billion | $4.8 billion |
| 2019 | $9.1 billion | $3.7 billion | $5.4 billion |
| 2020 | $6.5 billion | $3.3 billion | $3.2 billion |
| 2021 | $9.2 billion | $5.5 billion | $3.8 billion |
| 2022 | $9.3 billion | $6.2 billion | $3.1 billion |
| 2023 | $3.9 billion | $4.9 billion | -$998 million |
| 2024 | $4 billion | $4.2 billion | -$187 million |
What they sell each other
What Belgium sells to India
The top 10 headings in 2024, with their share of the total.
What India sells to Belgium
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Antwerp and Nhava Sheva (Mumbai) is 11,024 nautical miles (20,417 km) long: ≈ 25.5–33 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Strait of Dover and the Cape of Good Hope (11,024 nautical miles); and 15% via the Strait of Dover, the Strait of Gibraltar, the Suez Canal and the Bab-el-Mandeb Strait (6,593 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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
India was Belgium’s 16th largest trading partner (1% of its trade), and Belgium was India’s 34th (0.7%).
- India in Belgium’s trade
- 1.1%
- India’s rank among Belgium’s partners
- 16th
- Belgium in India’s trade
- 0.7%
- Belgium’s rank among India’s partners
- 34th
Compare with
Other partners of Belgium
Other partners of India
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.