Belgium — Oil Import Dependency
Detailed breakdown of Belgium's crude oil import profile: share originating from the Middle East, top supplier countries, exposure to Strait of Hormuz transit risk and total net import volume. Sourced from the U.S. EIA, IEA and JODI Oil World Database.
Key statistics
- Region: Europe
- Middle East crude oil share: 16%
- Net crude oil imports: 720 thousand barrels/day
- Top supplier: Saudi Arabia (11% of imports)
- Strait of Hormuz exposure: 15% of imports transit Hormuz
- Risk tier: Medium
What this means for Belgium
A sustained Strait of Hormuz disruption would directly affect roughly 15% of Belgium's crude inflows. With 16% of imports sourced from Middle East producers and Saudi Arabia alone supplying 11%, alternative supply requires re-routing through the Cape of Good Hope, the SUMED pipeline or increased reliance on US, Brazilian and West African crudes.
See the full route cost projections and the Hormuz reopening probability model to understand the timeline and cost of alternative supply.
Compare with regional peers (Europe)
| Country | ME share | Net imports | Hormuz exposure |
|---|---|---|---|
| Turkey | 47% | 950 kbd | 30% |
| Greece | 38% | 460 kbd | 36% |
| Portugal | 26% | 250 kbd | 24% |
| Romania | 24% | 170 kbd | 22% |
| France | 23% | 1,100 kbd | 22% |
| Bulgaria | 22% | 140 kbd | 20% |
| Poland | 21% | 540 kbd | 20% |
| Croatia | 20% | 90 kbd | 19% |