Foreign trade plays a higher role when you look at the economy that is belgian in just about any other EU nation except Luxembourg.

Belgium’s main exports are iron and metal semifinished and manufactured , chemical substances, textiles, equipment, road cars and parts, nonferrous metals, diamonds, and foodstuffs. Its imports are basic manufactures, foodstuffs, diamonds, metals and steel ores, petroleum and petroleum services and products, chemical substances, clothes, equipment, electric gear, and automobiles.

In , Belgium’s leading markets in were Germany Belgium’s leading manufacturers in were the Netherlands Belgium went deficits on present reports every year from through Trade deficits, incurred regularly when you look at the belated s and very early s, had been just partly counterbalanced by hidden exports, such as for instance tourism and services, and money transfers. Public debt stood at Its directors are appointed because of the federal government, nevertheless the bank keeps a degree that is large of.

COUNTRY OVERVIEW

An autonomous administrative body that monitors compliance of all banks with national banking laws in Belgium, most regulatory powers are vested in the Banking Commission. Continue reading