The Balance of Trade for Belgium measures the difference between exports and imports of goods during a specified period. This indicator provides insight into Belgium's trade dynamics, reflecting its reliance on foreign trade, which constitutes a significant portion of its economy. A positive balance indicates more exports than imports, while a negative balance suggests the opposite.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.