The economic studies aim to provide the reader with a macroeconomic overview. They also list the key sectors that offer important opportunities for our Belgian export companies.
  • Economic study Canada (October 2015)

    As the second largest country by area, Canada offers many opportunities for exporters and foreign investors. The territory is home to an impressive amount of natural resources, an innovative economy and is rich in R&D. A large number of fields, including aerospace, biotechnology, telecommunications and digital animation, are attracting more and more international talent. The country is also considered to be one of the easiest to do business with.

    Our exporters are showing an increasing interest in the west of the country. Like the movie studios of Vancouver, known as the Hollywood of the North, and the tar sands, the provinces of Alberta and British Columbia are booming. They are considered by experts to be the economic locomotives of tomorrow's Canada.

    On the occasion of the Belgian Economic Mission to will be taking place in Western Canada from October 24 to 31, 2015, the Belgian Foreign Trade Agency has published this “Economic Study”. The first chapter is devoted to Canada's macroeconomic situation, while the second includes an analysis of some of the most dynamic sectors: energy (fossil and renewable), ICT, film and digital media, life sciences, aerospace and transportation.

    Document only available in French and Dutch.

  • Economic study Chile (October 2011)

    The Chilean economy is the most competitive economy in Latin America. The country, with a healthy macroeconomic system, is an excellent destination for any business interested in Latin America. Indeed, Chile regularly tops international lists, both in terms of development potential and in terms of economic and political stability.

    This study was realised in the context of the Belgian economic mission to Chile in December 2011.

    Document only available in French and Dutch.

  • Economic study China (October 2019)

    Today, China is an absolute superpower on the international scene and a leader in international trade. The country, which has experienced an annual economic growth of 8% over the past decade, is by far the world's leading exporter and the second largest importer. In addition, China is in the final phase of negotiations with the EU on a bilateral investment agreement, which should make the market more accessible for European investors.

    This study was realised in the context of the Belgian economic mission to China in November 2019.

    Document only available in French and Dutch.

  • Economic study Colombia (September 2014)

    Colombia is one of the fastest growing economies on the Latin American continent. Thanks to annual growth rates of 4.7% on average over the past four years, the republic is mentioned in the same breath as the CIVETS countries, a new generation of tiger economies.

    This favorable situation is the result of an improved security environment, combined with the economic policy of President Santos, who was re-elected for a second term in office in June 2014. This will include support for 5 “engines of growth and job creation”. These are infrastructure, housing, mining & energy, agriculture, and innovation, all sectors of vital economic importance.

    At the same time, Colombia is increasingly opening up to foreign investors and efforts are being made to broaden and deepen international relations. The recently concluded free trade agreement between Colombia and the European Union can also be understood in this context. This treaty opens markets for both European and Colombian exporters.

    On the occasion of the joint trade mission to Colombia and Peru from October 18 to 25, 2014, the Belgian Foreign Trade Agency published an “economic study”. The first chapter of this study is devoted to Colombia's macroeconomic situation, while the second provides an analysis of three dynamic sectors in which the trade opportunities are numerous: the agro-industry, construction & infrastructure and the energy sector. Finally, a selection of recent success stories of Belgian companies in Colombia is given.

    Document only available in French and Dutch.

  • Economic study India (November 2013)

    India is one of the fastest growing economies in the world. With growth rates averaging 8% annually over the past 20 years, it is part of the BRICS coutries, the club of five that is one of the engines of the global economy.

    The XIIth five-year policy programme (2012-2017), based on the mantra "faster, sustainable and more inclusive growth", sets major investment targets. The bulk of the effort should come from the domestic and foreign private sector. The focus is on key sectors, such as infrastructure and energy. In addition, India is committed to inclusive growth, which is to be stimulated by the evolution of purchasing power.

    According to experts, India will continue to play its role as a leader in the world economy. It goes without saying that this prognosis for the future offers considerable business opportunities for our Belgian companies.

    On the occasion of the Belgian economic mission to India (23-29 November 2013), the Belgian Foreign Trade Agency has published an "economic study". The first chapter is devoted to India's macroeconomic situation, while the second contains an analysis of five dynamic sectors in which trade opportunities abound: cleantech & renewable energy, healthcare & pharma, diamonds, infrastructure and telecommunications. This is followed by a selection of recent success stories of Belgian companies in India.

    Document only available in French and Dutch.