FX.co ★ Belgium Trade Surplus Narrows in November

In November 2025, Belgium posted a trade surplus of EUR 1,447.9 million, a slight decrease from the EUR 1,818.6 million surplus recorded in the same month the previous year. Imports experienced a year-on-year decline of 6.7%, amounting to EUR 37,825.6 million, with reduced purchases from non-EU nations (-12.2%) and EU countries (-4.0%) contributing to this downturn. Exports saw a 7.5% drop to EUR 39,273.5 million, affected by diminished deliveries to non-EU markets (-12.2%) and EU nations (-6.5%). This contraction was most notable in the chemicals and metals industries. However, the gem and precious stones sector remained robust, offering a rare positive note for Belgium's trade performance.