Trade route overview

Australia exports to Belgium
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

AUS-BEL2024 reported exports201 product typesHigh attention review level
Latest reported exports$1.1B2024 route total
Highest-priority products1Need the closest review
Products needing review30High-attention product types
Exports needing review88.1%Share of route exports
Overall review levelHigh attentionBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Australia reported $1.1B in goods exports to Belgium. 30 product types are marked for closer review, covering 88.1% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Australia to Belgium in the latest available year.

$1.1B in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

88.1% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

201 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Australia to Belgium. Bar lengths are relative to the highest year shown.

Latest annual total$1.1B2024 annual history
Highest year$1.5B2012 annual history
Latest below highest27.3%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$153.0M
Still below the previous high
$89.4M
Buyer demand is falling
$164.6K
Product mix is concentrated
$868.1M
Tariffs and access rules
$1.1B
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.9Higher means bigger yearly swings
Below highest year32.3%Compared with the route's best year
Product concentration (HHI)2,7140-10,000 scale; higher means fewer products dominate
Largest product share37.2%Share from the biggest product

Largest product

Oil seeds: low erucic acid rape or colza seeds, whether or not broken

Product code HS6 120510 makes up 37.2% of exports from Australia to Belgium. The main reason to review it is: A small number of products or suppliers carry much of the route.

See product rows
Exports of this product$402.7M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Australia exports to Belgium
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Oil seeds: low erucic acid rape or colza seeds, whether or not brokenHS6 120510 - six-digit product code$1.1B41.6%1High attention
2Coal: bituminous, whether or not pulverised, but not agglomeratedHS6 270112 - six-digit product code$606.4M24.7%0.6High attention
3Colouring matter: pigments and preparations based on titanium dioxide, containing 80% or more by weight of titanium dioxide calculated on the dry matterHS6 320611 - six-digit product code$528.4M5.6%1.1High attention
4Aluminium: waste and scrapHS6 760200 - six-digit product code$308.9M4.5%1Watch
5Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail saleHS6 300490 - six-digit product code$18.6B18.1%0.6Watch
6Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setHS6 710239 - six-digit product code$4.2B66.9%1High attention
7Titanium ores and concentratesHS6 261400 - six-digit product code$177.6M73.7%1Critical attention
8Copper mattes: cement copper (precipitated copper)HS6 740100 - six-digit product code$283.2M0%1.3High attention
9Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail saleHS6 300420 - six-digit product code$830.5M67.9%1.2High attention
10Wine: still, in containers holding more than 2 litresHS6 220429 - six-digit product code$60.8M39.4%0.5Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Australia. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets16,760 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff5.9%Average tax applied to imports
Buyer economy size$599.9B2024 gross domestic product
Buyer GDP per person$51.8KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemNoReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time5 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Australia export to Belgium?

Australia reported $1.1B in goods exports to Belgium in 2024.

What does "exports needing review" mean?

88.1% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.