# Canada exports to Belgium: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Canada reported $2.3B in goods exports to Belgium. The overall review level is High 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 | $2.3B | 2024 route total |
| Exports needing review | 75.9% | Share of route exports |
| Highest-priority products | 5 | Need the closest review |
| Products needing review | 52 | High-attention product types |
| Export volatility | 0.8 | Higher means bigger yearly swings |
| Below highest year | 45.5% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 710231 | Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set | $2.9B | 64.5% | High attention |
| 2 | 710210 | Diamonds: whether or not worked, but not mounted or set, unsorted | $330.1M | 47.6% | High attention |
| 3 | 310420 | Fertilizers, mineral or chemical: potassic, potassium chloride | $345.2M | 48.5% | High attention |
| 4 | 260111 | Iron ores and concentrates: non-agglomerated | $305.6M | 0% | High attention |
| 5 | 300439 | Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale | $1.6B | 42.2% | High attention |
| 6 | 750210 | Nickel: unwrought, not alloyed | $372.7M | 41.8% | Stable |
| 7 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $18.6B | 76.4% | High attention |
| 8 | 260400 | Nickel ores and concentrates | $73.7M | 0% | High attention |
| 9 | 120510 | Oil seeds: low erucic acid rape or colza seeds, whether or not broken | $1.1B | 44.8% | High attention |
| 10 | 260112 | Iron ores and concentrates: agglomerated (excluding roasted iron pyrites) | $302.5M | 66.8% | Critical 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.