Europe ยท Country profile
Belgium
India-Belgium trade corridor: $2.1B bilateral trade, $0.7B FDI into India.
$2.1B
Trade with India
+8.6% YoY
$206.0B
GDP
Nominal
$0.7B
FDI into India
Cumulative
-$0.2B
Trade balance
India deficit
Top exports to Belgium
- Organic chemicals
- IT hardware
- Refined petroleum
Top imports from Belgium
- Copper and ores
- Gold and precious metals
- Edible oils
Trade corridor with India
2025: $2.1B ยท 5-yr CAGR 12.3%
Goods trade in USD billion, illustrative demo figures.
Latest Belgium stories
Trade5h ago4 min read
India-Belgium bilateral trade hits a new quarterly high
FDI8h ago5 min read
Belgium investors commit fresh capital to Indian manufacturing
Policy11h ago6 min read
Revised tariff schedule for India-Belgium goods notified
Technology14h ago7 min read
India and Belgium deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 4% to 1% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 6 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Belgium Business Forum
Nov 2026 ยท New Delhi
Delegation
Trade delegation to Belgium
Jan 2027 ยท Belgium
Buyer meet
Belgium buyers-sellers meet
Feb 2027 ยท Mumbai
Policy
Joint working group on market access
Apr 2027 ยท Virtual
Opportunity sectors
โ๏ธS12Coal26% projected demand growth๐S17Diamond, Gems & Jewellery17% projected demand growth๐ปS22Electronics & IT & Components12% projected demand growth๐ณS27FinTech & Digital Payments21% projected demand growth๐S32Global Trade14% projected demand growth๐S37Logistics & Supply Chain11% projected demand growth