# Belgium exports to Canada: Trade Route Risk | Yugalinks

Understand reported exports from Belgium to Canada, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/BEL-CAN/risk

## Route overview

In 2024, Belgium reported $3.0B in goods exports to Canada. The overall review level is Critical attention.

## How to read this page

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

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $3.0B | 2024 route total |
| Exports needing review | 62.2% | Share of route exports |
| Highest-priority products | 4 | Need the closest review |
| Products needing review | 152 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 31.7% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $7.9B | 43.5% | Stable |
| 2 | 300220 | Vaccines: for human medicine | $1.2B | 17% | High attention |
| 3 | 293729 | Steroidal hormones, their derivatives and structural analogues: other than cortisone, hydrocortisone, prednisone (dehydrocortisone), prednisolone (dehydrohydrocortisone), halogenated derivatives of corticosteroidal hormones, oestrogen and progestogens | $320.8M | 61.8% | Critical attention |
| 4 | 271012 | Not reported | $9.3B | 41.5% | High attention |
| 5 | 300215 | Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $4.3B | 0% | Stable |
| 6 | 843351 | Combine harvester-threshers | $1.1B | 0% | High attention |
| 7 | 270810 | Pitch: obtained from coal tar or from other mineral tars | $98.9M | 30.6% | High attention |
| 8 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $15.4B | 53.9% | Watch |
| 9 | 870380 | Vehicles: with only electric motor for propulsion | $7.3B | 77.1% | High attention |
| 10 | 180620 | Chocolate & other food preparations containing cocoa: in blocks, slabs or bars weighing more than 2kg or in liquid, paste, powder, granular or other bulk form in containers or immediate packings, content exceeding 2kg | $401.5M | 0% | High attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.