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Belgium: Merchandise exports to high-income economies (% of total merchandise exports)

In , Belgium's Merchandise exports to high-income economies (% of total merchandise exports) was 88.73.

That's up 0.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Belgium ranks #27 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #13 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Belgium Merchandise exports to high-income economies (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
92.10
Trough
86.67
1-year change
+0.2%
5-year change
+1.2%
+0.2% / yr
10-year change
+2.3%
+0.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
88.7297
88.5347
88.5704
88.7946
88.6342
87.6751
87.1955
87.8115
87.6322
86.6690

About Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Indicator code: TX.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Belgium's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Belgium's Merchandise exports to high-income economies (% of total merchandise exports) was 88.73, according to World Bank Open Data.
Is Belgium's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Belgium's Merchandise exports to high-income economies (% of total merchandise exports) rose 0.2% from 2022 to 2023.
How does Belgium rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Belgium ranked #27 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Belgium's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Belgium is above the world average. Within Europe & Central Asia, it ranks #13 of 53.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.