Portuguese Lighting Magazine Issue 25 | Page 47

and 14.3% in imports. The commercial balance of goods was unfavorable to our country, having presented a deficit of €1,575 million in 2022.

In the structure of exports the Machines and Appliances are highlighted (15.8%), Chemicals (12.8%), Plastics and Rubber (11.8%), Common Metals (9.0%) and the Vehicles and Another Transport Material (8.8%). The main groups of imported products were Chemicals (25.4%), Vehicles and Other Transport Material (17.7%), Machines and Appliances (10.0%), Plastics and Rubber (9.1 %) and the Mineral Fuels (7.7%)

REGULATORY LEGAL FRAMEWORK

Belgium is a part:

From the European Union that integrates a Customs Union (free circulation of goods between Member States and adoption of the same Customs Code of the Union for third countries).

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