Market Brief on Belgium

Transcription

1 Market Brief on Belgium Jan 2018 Location Facts and Figure Total Population 11.3m (2016. est) Area 30,528 sq km Time Zone UTC +01:00 Capital City International Telephone Code Currency Exchange Rate (02/02/18) Brussels +32 Euros (EUR) 1 EUR = 1.25US$ Belgium is situated in Western Europe. It is bounded by the North Sea in the northwest, Netherlands in the north, France in the south and west and Luxembourg and Germany in the east. Cities and Population City POPULATION Brussels 1,019,022 Antwerp 459,805 Ghent 231,493 Charleroi 200,132 Liège 182,597 Bruges 116,709 Namur 106,284 Leuven 92,892 Mons 91,277 Aalst 77,534 GDP (2017. est) GDP per capita GDP Growth Rate Ease of Doing Business (World Bank 2017 Report) Inflation Rate Official Language(s) Languages US$488.7 billion US$42, / Dutch, French German, English Business Hours 0800 hrs-1700 hrs Lunch hrs Banking Hours hrs (weekdays) hrs (Sat) Literacy Rate 9 Measures Important International Participation Metric System EU, UN, WTO, G- 10, Schengen Convention

2 Na US$'000 Belgium Trade with the world 1,600,000,000 1,400,000,000 1,200,000,000 1,000,000, ,000, ,000, ,000, ,000, Exports (US$'000) 1,410,129,600 1,450,950,900 1,498,157,800 1,328,549,134 1,340,752,046 Imports (US$'000) 1,161,213,200 1,187,314,600 1,214,955,700 1,057,616,386 1,060,672,017 Major import sources of Belgium (2016) Major export destinations of Belgium (2016) 8% 41% 41% China Netherlands France USA Italy Poland Switzerland Czech Republic Austria Belgium USA France UK Netherlands China Italy Austria Poland Switzerland Belgium

3 US$'000 Major import products of Belgium (2016) Major export products of Belgium (2016) 1 18% 38% 1 30% 1 Machinery Electrical machinery (Computers, printing machines) Vehicles Mineral fuels (Fuel,coal,electricity) Plastics and articles thereof Medical or surgical instruments and apparatus Organic chemicals Iron and steel Articles of iron or steel Vehicles and parts Machinery and parts Electrical machinery (telephone sets, circuits,transformers) Medical instruments Plastics and articles thereof Aircraft, spacecraft, and parts Mineral fuels Articles of iron or steel Organic chemicals Zimbabwe-Belgium Trade 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10, Export (US$'000) 83,765 71,142 61,620 55,631 60,627 Import (US$'000) 74,430 51,046 42,476 50,884 31,749 Trade Balance (US$'000) 9,335 20,096 19,144 4,747 28,878

4 Zimbabwe s major exports to Belgium (2016) Zimbabwe exports to Belgium in 2016, (US$ 000) Annual growth in value between , %, p.a. Belgium Imports from the World in 2016 (US$ 000) Unmanufactured tobacco 25, ,825 Vermiculite, perlite 10, ,137 Natural graphite 4,898-46,216 Sugar Cane 2, ,301 Tea 1, ,491 Fresh or chilled peas 1, ,803 Raw hides and skins 1, ,528 Zimbabwe products with export potential to Belgium Zimbabwe's imports from Belgium (2016) Fresh cut roses and buds Vegetables (peas, beans) Edible fruit (nuts, peel of citrus fruit, melons, avocadoes pineapples, mangoes, avocadoes, guavas) Sugar Cane Fish fillets and pieces Tobacco, unmanufactured Tea Iron and steel articles Granite Diamonds 61% 8% Dishwashing machines & machinery for cleaning or drying bottles Diagnostic or laboratory reagents on a backing Lifting, handling, loading or unloading machinery Machinery for working rubber or plastics Centrifuges, incl. centrifugal dryers Motor cars and other motor vehicles

5 Useful Addresses Embassy of the Republic of Zimbabwe Josephine Charlotte Square 1200 Brussels Tel: Fax: ; zimbrussels@zimfa.gov.zw ; zimbrussels@skynet.be Embassy of the Kingdom of Belgium 88 Five Avenue P. O. Box HR1066 Harare Tel: Fax: panamex@mweb.co.zw Federation of Belgian Chambers of Commerce rue Belliard 2 7th floor 1040 Bruxelles Tel: info@belgianchambers.be Website: BECI (Brussels Enterprises Commerce & Industry) Avenue Louise 500, 1050 Brussels Tel: Fax: info@beci.be Website: Preferential Trade Arrangements Interim Economic Partnership Agreement (iepa) Zimbabwe signed the interim Economic Partnership Agreement (EPA)under the Eastern and Southern African Bloc with the European Commission (EC) on 29 August 2009 together with three other countries (Madagascar, Seychelles and Mauritius). The interim EPA consolidates the duty free, quota-free market access which the EU28 offers to all exports from the four Eastern and Southern African States (ESA). The ESA countries involved will gradually open their markets to EU exports over 15 years, with some exceptions for products that ESA countries consider sensitive. Travelling to Belgium Zimbabwe nationals must apply for a visa in person at the Belgian Embassy. A valid passport (at least 6 months) is required. Options to travel to Belgium by air include: Harare-Johannesburg-Brussels Harare-Dubai-Brussels Harare-Addis Ababa-Brussels For more information, please contact us info@zimtrade.co.zw Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to