The article constitutes the synthesis of a broad study on industry in Belgium, conducted by the NBB, at the request of social partners. Some contributions were also made by the Federal Planning Bureau. In the past decades, industry has been submitted to two global trends. Firstly,...

Data on global value chains are shedding new light on foreign trade. Since exports largely rely on intermediate imports, breaking up exports into foreign and domestic value-added content allows for a more comprehensive understanding of the foreign trade and the national accounts statistics....