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Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Belgium and Türkiye, each channel at its own period. Left, Belgium to Türkiye; right, Türkiye to Belgium.

Finance to trade

positions ÷ goods, both directions
Finance to trade–positions ÷ goods, both directions
Financial positions, both directions6.3USD bn
Goods, both directions–Below the backbone of 1,500 flows

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceBelgium → TürkiyeTürkiye → Belgiumother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnApr 2022 · 5.8 / 2.20510Bank claims · quarterly · USD bnQ2 2026 · 2.3 / –0510Portfolio holdings · half-yearly · USD bnDec 2025 · 0.5 / 0.0011Direct investment · annual · USD bn2024 · 2.8 / 0.70510Finance to trade · quarterly, positions both ways ÷ goods both waysQ1 2022 · 0.9×0.0×5.0×10×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Belgium → Türkiye

Aug 2025–Jul 2026

exports of Belgium to Türkiye, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods Türkiye → Belgium

Aug 2025–Jul 2026

exports of Türkiye to Belgium, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Belgium → Türkiye

Q2 2026

loans and deposits of banks in Belgium on residents of Türkiye

Position2.3USD bn
Flow in the quarter+0.1USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Türkiye → Belgium

Q2 2026

loans and deposits of banks in Türkiye on residents of Belgium

Position–Not reported
Flow in the quarter–
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Belgium → Türkiye

Q4 2025

securities issued in Türkiye held by investors in Belgium

Total0.5USD bn
Equity0.5USD bn
Debt securities0.0USD bn
Sources

Holder to issuer, Q4 2025.

Türkiye → Belgium

Q4 2025

securities issued in Belgium held by investors in Türkiye

Total0.0USD bn
Equity0.0USD bn
Debt securities0.0USD bn
Sources

Holder to issuer, Q4 2025.

Belgium → Türkiye

2024

position of investors in Belgium in Türkiye

Position2.8USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

Türkiye → Belgium

2024

position of investors in Türkiye in Belgium

Position0.7USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.