Export to Europe

Row Importers Billion US$ Shares Inhabitants M

1 USA 2169.5 13.2% 304.7

2 Germany 1203.8 7.3% 82.1

3 China 1132.5 6.9% 1 325.6

4 Japan 762.6 4.6% 127.7

5 France 705.6 4.3% 62.0

6 United-Kingdom 632.0 3.8% 61.4

7 Netherlands 573.2 3.5% 16.4

8 Italy 554.9 3.4% 59.9

9 Belgium 469.5 2.9% 10.7

10 Republic of Korea 435.3 2.7% 48.5

World 16 422 100% 6 801.6

Merchandize World Imports (2008)

Merchandize World Imports (2009)

Rank Importers Value Share

Annual percentage

change

1

United States 1605 12,7 -26

2

China 1006 7,9 -11

3

Germany 938 7,4 -21

4

France 560 4,4 -22

5 Japan 552 4,4 -286 United Kingdom 482 3,8 -24

7

Netherlands 445 3,5 -23

8

Italy 413 3,3 -27

9

Hong Kong, China 352 2,8 -10

retained imports 91 0,7 -8

10

Belgium 352 2,8 -25

World 12682 100,0 -23

Row Exporters Billion US$ Shares Inhabitants M

1 Germany 1461.9 9.1% 82.1

2 China 1428.3 8.9% 1 325.6

3 USA 1287.4 8.0% 304.7

4 Japan 782.0 4.9% 127.7

5 Netherlands 633.0 3.9% 16.4

6 France 605.4 3.8% 62.0

7 Italy 538.0 3.3% 59.9

8 Belgium 475.6 3.1% 10.7

9 Russian Federation 471.6 2.9% 141.4

10 United-Kingdom 458.6 2.9% 61.4

World 16 070 100% 6 801.6

Merchandize World Exports (2008)

Merchandize World Exports (2009)

Rank Exporters Value Share

Annual percentage

change

1

China 1202 9,6 -16

2

Germany 1126 9,0 -22

3

United States 1056 8,5 -18

4

Japan 581 4,6 -26

5

Netherlands 498 4,0 -22

6

France 485 3,9 -21

7

Italy 406 3,2 -25

8

Belgium 370 3,0 -22

9

Korea, Republic of 364 2,9 -14

10

United Kingdom 352 2,8 -23

World 12490 100,0 -23

Row Countries Billion US$

1 USA 319,7

2 China 147,7

3 Luxembourg 118,9

4 Belgium 102,6

5 France 96,9

6 United-Kingdom 91,1

7 Russian Federation 73

8 Spain 69,8

9 Australia 48,9

10 Brazil 45

Direct Investments in reporting economies (2008)

Why promoting import?

•Y= C+I+(X-M)– Part of Eurozone– Exports 2009: 91 % of GDP

Which strategy to follow?Big countries >< Small countries

250km: 18% of EU market (GDP)15% of consumers

500km:60% of EU market (GDP)38% of consumers

750km:75% of EU market (GDP)66% of consumers

GATEWAY TO

EUROPE

250km: 18% of EU market (GDP)15% of consumers

500km:60% of EU market (GDP)38% of consumers

750km:75% of EU market (GDP)66% of consumers

GATEWAY TO

EUROPE

CUSTOMS UNION• Free exchange of goods,

people, money and services

• No customs duties or taxes when moving goods or money within EU

• Common external tariffs

IMPORT PROCEDURES

1. Realease for free circulation2. Transit procedure3. Customs Warehousing4. Inward processing5. Temprary importation6. Entry into a free zone or warehouseFind more information on:

http://exporthelp.europa.eu/thdapp/taxes/show2Files.jsp?dir=/requirements&reporterId1=EU&file1=ehir_eu10_01v001/eu/main/ovr_eu_010_0612.htm&reporterLabel1=EU&label=Overview+of+Import+Procedures&languageId=en

IMPORT DUTY REGIME

• Custom Union => same import duty all over European Union

• Import tariffs applied: Most Favoured Nation tariffs to all WTO-agreement signatories

• Import tariffs applied to goods imported to the EU can be found in the tariff schedule TARIC – Integrated Tariff of the European Communities (http://ec.europa.eu/taxation_customs/dds/tarhome_en.htm)

THE PERFECT TEST MARKET

• Gateway to European market

• Successful launch on Belgian market: good indicator of similar success on the greater European market

• High acceptance of foreign products

• Multi-cultural population (31% foreigners)

OPEN ECONOMY

No restrictions for foreigners

No permission needed to set up a company

100% foreign ownership is possible

No limitations on repatriation of capital and benefits

Approximate incorporation fee (for a SA/NV): 1500 €

Easyness to set-up a company

START A BUSINESS

Which legal form to choose for your company?

Branch or Rep. officeSubsidiary

SPRL SA

Separate legal entity NO YES YES

Minimum capital 0 19.000€ 62.000€

Shares to bearer n/a NO YES

Registered shares n/a YES YES

Limited liability n/a YES YES

Time required to start a business (in days)

FLEXIBLE CUSTOMS• System of ‘customs warehouses’ : offers possibility to store

non-EU goods free of customs duties, trade policy measures, VAT & other taxes (and this for an unlimited period).

• Deferred payment of import duties and VAT, i.e. the payment of custom duties and VAT are put off until the importer releases the goods into the market for use in the EU.

• Network of public & private bonded warehouses (special scheme with the Customs Department)

• Simplified procedures for declaration & special rulings possible

• Flexible European transit system with tax suspension

Well developed transport connections

Welcome DeskBrussels Metropolitan

The “Welcome Desk” is a initiative of Brussels

Metropolitan (www.brusselsmetropolitan.eu)

The two basic missions of the Welcome Desk are:

• Helping companies develop their commercial

relations and import/export projects

• Increasing the profit of our companies by opening

their reference market (presentation of new clients, new

suppliers, new products)

1. BRUSSELS, FRONT DOOR TO EUROPE

1. Information on legislation and formalities

2. Second opinion on business plan

3. Contacts with potential client and suppliers

4. Organisation of seminars

2. SERVICES

Indian exporters to the European Union • must comply with the REACH regulation on chemicals, which requires the

registration of substances imported in the EU.

• BECI can help you cope with the sometimes complex process of registration with the European Chemicals Agency (ECHA).

• Non-EU companies require a presence in the EU to register. This presence can be a subsidiary of the Indian company, an importer, or in the absence of both, a company-appointed “Only Representative”.

• BECI can help you select a qualified service provider to act as only representative.

3. EXAMPLE

CONTACTSJEAN-PHILIPPE MERGEN

jpm@beci.be +32 2 210 01 77

JEAN-JACQUES WESTHOFjean-jacques.westhof@uwe.be

+32 10 47 19 44

LOUIS DELCART louis.delcart@voka.be

+32 2 255 20 20