SECTION A)
THE BALANCE OF TRADE FOR BELGIUM
DEFINITION OF BALANCE OF TRADE: Balance of Trade is simply the difference between the value of exports and value of imports. Thus, the Balance of Trade denotes the differences of imports and exports of a merchandise of a country during the course of year. It indicates the value of exports and imports of the country in question.
2O14 UP TO THE 15TH OF JANUARY 2015
BALACE TRADE OF 2014
BALANCE OF TRADE 2013
BALANCE OF TRADE 2012
BALANCE OF TRADE 2011
BALANCE OF TRADE 2010
Belgium is a developed country owning a state of the art infrastructure .
Their economy is heavily reliable on world trade with their neighbors being their main export and import partners hence the need of modern way of for the movement of goods.
AIRPORTS: THERE are several airports in Belgium that have different functions, ex: military, civil, military/civil with Brussels international airport being the main one and the hub for many cargo airlines.
Brussels international airport with almost 22 million passengers arriving and departing the airport as of 2014.
This graph shows the amount in tons of cargo that was imported/exported in the airport during 2012 and 2013:
http://www.brusselsairport.be/en/cf/res/pdf/en/brutrends13 http://www.worldaerodata.com/wad.cgi?id=BE93570
Rail transport: There is an extensive railways system in Belgium covering up to 3518 km in the 30,528 km2 country. NMBS/SNCB in addition to other private owned rail companies that operate there such as EUROSTAR. In 2006 62 million tons of freight was transported. Most railways are electrified with a 3000 v overhead power supply.
Ports:
There are 4 ports in Belgium: (range from biggest to smallest port)
Port of Antwerp: the Port of Antwerp handled 14,220 sea trade ships (190.8 million tons of cargo, 53.6% in containers), 57,044 inland barges (123.2 million tons of cargo),[2] and offered liner services to 800 different maritime destinations.