Belgium - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Belgium was 20.07 as of 2016. Its highest value over the past 14 years was 28.16 in 2007, while its lowest value was 19.83 in 2014.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2002 21.57
2003 21.63
2004 23.21
2005 24.06
2006 24.79
2007 28.16
2008 26.38
2009 21.60
2010 24.30
2011 23.23
2012 22.55
2013 20.71
2014 19.83
2015 19.86
2016 20.07

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Belgium was 21.09 as of 2016. Its highest value over the past 14 years was 32.45 in 2007, while its lowest value was 20.70 in 2014.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2002 23.84
2003 23.14
2004 25.96
2005 25.60
2006 27.03
2007 32.45
2008 30.54
2009 24.22
2010 27.09
2011 25.68
2012 25.05
2013 21.75
2014 20.70
2015 21.49
2016 21.09

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments