21
Export to Europe
Export to Europe
Row Importers Billion US$ Shares Inhabitants M
1 USA 2169.5 13.2% 304.72 Germany 1203.8 7.3% 82.13 China 1132.5 6.9% 1 325.64 Japan 762.6 4.6% 127.75 France 705.6 4.3% 62.06 United-Kingdom 632.0 3.8% 61.47 Netherlands 573.2 3.5% 16.48 Italy 554.9 3.4% 59.99 Belgium 469.5 2.9% 10.7
10 Republic of Korea 435.3 2.7% 48.5World 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 -28
6
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
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)
Well developed transport connections
Brussels Import Agency
Brussels Import Agency is a new initiative of BECI (Brussels Enterprises Commerce and Industry) in partnership with VOKA (Kamer van Koophandel Halle-Vilvoorde) and UWE (Union Wallonne des Entreprises).
The two basic missions of BIA 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 formalities2. Second opinion on business plan3. Contacts with potential client and suppliers4. 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
[email protected] +32 2 210 01 77
JEAN-JACQUES [email protected]
+32 10 47 19 44
LOUIS DELCART [email protected]
+32 2 255 20 20
