Kevin Elliott
The country that I choose to analyze is Belgium. Other than Belgium's top trading commodity, they are relatively even in there imports and exports. From 2008-2013 Belgium top import commodity at over 417 billion dollars was mineral fuels, oils, and distillation products. Also, from 2008-2013 Belgium exported over 277 billion dollars for mineral fuels, oils and distillation products. It was interesting to see the the large difference between the amount they export and the amount they import for the same product. During the same time period the second leading commodity was vehicles other than railway, tramway. There was relatively no difference between the amount that they exported and the amount they imported. The next major trade products for Belgium is pharmaceutical products, Nuclear, reactors, boilers, machinery, etc and organic chemicals. Interestingly Belgium is very balanced between the import and exports of those products.
The country that I choose to analyze is Belgium. Other than Belgium's top trading commodity, they are relatively even in there imports and exports. From 2008-2013 Belgium top import commodity at over 417 billion dollars was mineral fuels, oils, and distillation products. Also, from 2008-2013 Belgium exported over 277 billion dollars for mineral fuels, oils and distillation products. It was interesting to see the the large difference between the amount they export and the amount they import for the same product. During the same time period the second leading commodity was vehicles other than railway, tramway. There was relatively no difference between the amount that they exported and the amount they imported. The next major trade products for Belgium is pharmaceutical products, Nuclear, reactors, boilers, machinery, etc and organic chemicals. Interestingly Belgium is very balanced between the import and exports of those products.
In 2008 Belgium top 5 trade partners were Netherlands, Germany, France, United Kingdom and United States. In 2013 the only difference in Belgium top 5 trading partners was that the United States and the United Kingdom switched places. The amount of money Belgium spends and on its top trading product has definitely increased from 2008 to 2013. In 2008 they imported 71 billion dollars on mineral fuels, oils and distillation products and in 2013 for the same product they spent 91 billion dollars on it. In 2008 the gap Netherlands and Germany was only 10 billion but in 2013 the gap grew to 23 billion. That is very interesting to see the trade difference grew that quickly over a short period of time.
From 2008-2013 the main trade commodities for Belgium was mineral fuels, oils and distillation products. Over 2008-2013 the main countries that Belgium imported and exported that product from was Netherlands. Over the past five years the total amount that Belgium has imported from Netherlands from those products consist of a little over 224 billion dollars. The top three countries for the total import of minerals fuels, oils and distillation products in 2008 were Netherlands, Norway, and Russia. In 2008 Belgium imported 38 billion dollars worth of mineral fuels, oils and distillation products and exported 10 billion dollars to Netherlands. Also, Belgium imported 5 billion dollars and exported 150 million dollars from Norway and Beligum imported 4 billion dollars and exported 160 million dollars worth of mineral fuels, oils and distillation products from Russia. In 2013, Netherlands, Russia and Norway were Belgium’s leading trade partners for mineral fuels, oils and distillation products. Like in 2008, there was also a large in the trading partners for that product. Belgium imported 49 billion from Netherlands in that product while other top trading partners for that mineral fuels was under 10 billion.
UN Comtrade Demo, SAS Visual Analytics. (n.d.). Retrieved December 13, 2015,
http://www.sas.com/software/visual-analytics/demos/un-comtrade-basic.html
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