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Belgium and the U.S. Strong Economic Belgium and the U.S. Strong Economic

Belgium and the U.S. Strong Economic - PowerPoint Presentation

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Belgium and the U.S. Strong Economic - PPT Presentation

Partners Bilateral Trade More than 3000 Belgian companies export to the US market The US is Belgiums 5th export destination and 4th supplier of goods The US is the largest trading partner outside EU ID: 715821

belgium investment trade export investment belgium export trade belgian bilateral 2015 000 amp destination york san foreign angeles los

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Slide1

Belgium and the U.S.Strong Economic PartnersSlide2

Bilateral

Trade

More than 3,000 Belgian companies export to the U.S. market

The U.S. is Belgium’s 5th export destination and 4th supplier of goods. The U.S. is the largest trading partner outside EU

Bilateral trade in goods: over $50 bln

in

2015 (more than U.S. trade with

Australia

,

Russia

, Spain)

Belgium: 10th export destination for U.S. merchandise, ahead of France and India (2015)

Top 10 export destination in about half of the U.S. states

U.S. represents 10.5% of export of Belgian services (3rd in rank)Slide3

Top U.S. Export destinations ($ bln, merchandise, 2015)(U.S. Dept. of Commerce, International Trade Administration)

Canada

280.6Mexico

235.7

China116.1Japan62.4United Kingdom56.1Germany50.0South Korea43.4Netherlands40,2 Hong Kong37.2 Belgium34.2Brazil31.7France30.1Singapore28.5 Taiwan25.9Australia25.0United Arab Emirates23.0Switzerland22,2India21.4Saudi Arabia19,7Colombia16.3Italy16.2

Bilateral TradeSlide4

Bilateral TradeSlide5

Bilateral TradeSlide6

U.S. Investment in BelgiumSlide7

U.S. Investment in Belgium

The U.S. is the largest source of FDI in Belgium

Value of U.S. investment in

Belgium at the end of 2015 -$45 billion- exceeded U.S. investments in India, Italy or Sweden.

18th destination for U.S. investment worldwide (2013)7th market for the U.S. in the EU.130,000 jobs in Belgium (second foreign employer)About 1,000 U.S. subsidiaries in BelgiumSlide8

U.S. Investment in BelgiumSlide9

Belgian Investment in the U.S.Total Belgian investment in the U.S. has increased more than 50% over the last few years according to the U.S. Department of Commerce, from $28 billion in 2011 to $43 billion in 2015

.

Belgium is the 13th foreign investor in the U.S., at a level almost twice as high as Brazil or China, and similar to Australia, Korea and Mexico.

About 300 Belgian companies have a presence on the U.S. market, supporting about 160,000 jobs in the U.S.

Belgium is the 10th foreign employer in the U.S.Slide10

Belgian Investment in the U.S.Slide11

U.S. Employment by Country OriginSlide12

Belgian Products in the U.S.Slide13

Belgian Investment in the U.S.Slide14

Representation in the U.S.Embassy Washington DC (economic section)

Consulates New York, Los Angeles, Atlanta

Export & Investment offices of FIT (Flanders Investment & Trade): New York, Chicago, Atlanta, Los Angeles, San Francisco, Houston

AWEX (Wallonia Export & Investment Agency): Wash DC, Chicago, Atlanta, San Francisco, New York, Los Angeles, Houston

BIE (Brussels Investment & Export): New York, San FranciscoSlide15

Information@BelgiumintheUSAwww.invest.belgium.bewww.investinflanders.be

www.investinwallonia.be

www.investinbrussels.com