# Russia exports to Belgium: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Russia reported $2.3B in goods exports to Belgium. 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 | $2.3B | 2024 route total |
| Exports needing review | 92.2% | Share of route exports |
| Highest-priority products | 4 | Need the closest review |
| Products needing review | 12 | High-attention product types |
| Export volatility | 0.9 | Higher means bigger yearly swings |
| Below highest year | 52.7% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271111 | Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $2.7B | 53.2% | High attention |
| 2 | 720712 | Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (other than square) cross-section | $747.9M | 51.2% | Critical attention |
| 3 | 281410 | Ammonia: anhydrous | $361.0M | 53.6% | High attention |
| 4 | 120400 | Oil seeds: linseed, whether or not broken | $251.2M | 13.2% | Watch |
| 5 | 271019 | Not reported | $16.1B | 94.6% | Critical attention |
| 6 | 720310 | Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms | $76.6M | 35.6% | High attention |
| 7 | 722490 | Steel, alloy: semi-finished products | $98.3M | 64.3% | Critical attention |
| 8 | 251020 | Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: ground | $68.2M | 65.1% | Critical attention |
| 9 | 271012 | Not reported | $7.8B | 99.3% | Watch |
| 10 | 310280 | Fertilizers, mineral or chemical: nitrogenous, mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution | $75.1M | 71.1% | 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.