1efa424750bf42467c3a39511a352325.ppt
- Количество слайдов: 17
Bilateral trade and investment relations between Hungary and Belgium Information seminar and bilateral Chamber meeting Hungarian Development Center - Brussels, 23 May 2013 Tamás Jakab Embassy of Hungary Belgium, Luxembourg
AGENDA • Belgian economy • Belgian-Hungarian business relations • Services of HITA 2
Belgium at a glance Area: Population: Capital: Distance from Bp: Currency: Political system: Prime Minister Head of State: Per capita GDP: Official languages: Nationality: 30. 528 km 2 11 million Brussels 1358 km Euro (since 2002) federal state, constitutional parliamentary monarchy Elio Di Rupo (PS), six-party coalition government King Albert II 34 000 EUR (119% of EU average) Dutch, French and German Flemish (58%), Valloon (32%) 10, 2% population of foreign origin (main countries of origin: Italy, France, the Netherlands, Morocco, Poland, Spain) 3
Belgium: A small, open eurozone economy Main macroeconomic figures ( 1992 -2013, Annual percentage change) 92 -08 2009 2010 2011 2012 2013 GDP 2. 1 -2. 8 2. 4 1, 8 -0. 2 0. 0 Export 4. 5 -11. 1 9. 6 5. 5 0. 4 0. 8 Import 4. 4 -10. 6 8. 9 5. 6 -0. 1 0. 2 Inflation 2. 1 0. 0 2. 3 3. 4 2. 6 1. 3 Unemployment rate 8. 3 7. 9 8. 3 7. 2 7. 6 8. 0 General gov. deficit* -2. 1 -5. 6 -3. 8 -3. 7 -3. 9 -2. 9 109. 9 95. 7 95. 5 97. 8 99. 6 101. 4 4. 2 0. 7 3. 0 1. 0 0. 9 1. 4 General gov. debt* Current account balance* Source: European Commission Spring Forecast 2013 (*) as a percentage of GDP Sectoral breakdown of GDP - 2011 4
The Belgian trade performance Evolution of export of goods and services (constant prices, 2000=100%) Main trading partners of BE (in % of total) Exports 2000 2012 TOTAL 100 EU 27 INTRA 79. 7 69. 8 EU 27 EXTRA 20. 3 30. 2 GERMANY 17. 5 17. 4 FRANCE 18. 3 15. 6 THE NETHERLANDS 12. 9 12. 5 UNITED KINGDOM 10. 4 7. 0 US 6. 0 5. 9 Largest emerging markets* 4. 7 8. 6 Imports 2000 100 70. 8 29. 2 16. 4 12. 7 17. 5 8. 6 7. 5 5. 9 2012 100 68. 1 31. 9 14. 1 10. 5 20. 8 5. 3 6. 3 10. 1 *China, Brazil, Russia, India, Mexico, Indonesia&Turkey • • • BE export performance: close to the euro area average (if DE was left out from the equation) Product specialization in intermediate goods shows tight integration in international supply chains Strong orientation towards the slow growing EU market (appr. 60% of total exports is going to the euro area) has contributed to Belgium’s loss in market share However: The share of exports going to the largest emerging markets has almost doubled BE is still the among the world’s leading export countries in terms of export/capita 5
Composition of BE trade in goods (2012) Breakdown by export and import sectors Belgian export (347. 8 bn EUR) Prepared foodstuffes and beverages, tobacco 5% Pearls, precious metals 8% Plastics and rubber articles 9% Other 17% Articles of base metals 9% Chemical products 17% Vehicles, aircraft, vessels 11% Belgian import (340. 6 bn EUR) Mineral products 22% Other 23% Mineral Plastics products and rubber articles 14% 5% Pearls, precious Machines, metals appliances 7% Articles of 11% base metals 8% Chemical products 13% Machines , appliances 13% Vehicles, aircraft, vessels 11% Product specialization in intermediate goods shows tight integration in international supply chains 6
Orientation of Belgian trade in services Composition of BE services balance (1995 -2011) Source: European Commission - 2013 § Growing external service surplus § Only 22% of total exports were services in 2012 § Transportation (maritime freight services) and business services (consultancy, legal advice, R&D, architecture, marketing, etc. ) account for almost 2/3 of all service export by Belgium 7
Belgian cities – in a nutshell Brussels – world-class lobby center: § § § Along with Washington DC highest number of diplomats in the world, 1750 international organizations, 500 conferences per year 30% of the residents are non-Belgians European HQ for 1300 foreign/multinational companies (GM, Siemens, Loreal, Coca-Cola, Huawei, IBM, Sony IT, Toyota, Microsoft, Beiersdorf, etc. ) Strong reprentation in the financial sector, health care, ICT cluster, biotechnology 2 nd biggest inland port in BE Liège – logistic and industrial centre • • The largest city in Wallonia Important logistical hub in Europe Leading BE inland port, 3 r inland port in Europe, ongoing multimodal development (Trilogiport) Excellent research centres (GIGA), mechanical engineering, material processing and aeronautical companies Antwerp – port, diamonds, fashion: • • • Most densely populated city in BE 2 nd largest port in Europe (175 million tons of goods/year, 260 000 jobs One of the biggest petrochemical cluster in the world (BASF, Exxon, Evonik, etc. ) Diamond capital Plenty of famous fashion designers 2 nd most important BE city for conferences Ghent – biotechnology, history • • • Biggest student city, home to a large number of spin-offs: ICT, biotechnology (Flanders. Bio) Crucial role for the local industry: steel (Arcelor. Mittal), paper (Stora Enso) and automobile (Volvo) activities Port of Ghent: „short sea shipping” of niche products, runs 100% on biomass Plus: Kortrijk (textile, agro-food), Charleroi (mechanincal and transport industries, Namur (regional capital and business center), Leuven (nanotechnology, Genk (automotive, logistics) 8
Belgian-Hungarian bilateral economic relations Key Belgian economic sectors: biotechnology, pharmaceuticals, automotive sector, agro-food sector, ICT, aerospace, transport and logistics, environmental technologies BE is the 15 th largest export market of Hungary: 1, 67 billion EUR export volume in 2012 (0, 6% increase) More than 75% of the trade volume was realized with Flanders Belgian trade with some CEE countries (billion EUR) 2011 2012 Change Poland 8. 7 8. 5 -2. 4% Czech Republic 5. 8 5. 7 -0. 6% Hungary 2. 8 0. 6% Slovakia 1. 7 1. 8 6. 5% Romania 1. 7 0. 1% Bulgaria 1. 5 1. 3 -14. 5% 9
Belgian-Hungarian bilateral economic relations Sectorial breakdown of bilateral trade between HU and BE Product category Export share Product category Import share Machines and appliances 43. 3% Chemicals 40. 4% Transport equipments 11. 5% Machines and appliances 19. 5% Chemical products 7. 4% Plastics, rubber 10. 6% Plastics, rubber 6. 1% Transport equipments 5. 7% Foodstuffes, beverages, tobacco 5. 4% Articles of base metals 4. 4% Optical, medical instruments 5. 3% Foodstuffes, beverages, tobacco 3. 1% Total share in exports from HU 79, 0% Total share in imports to HU 83. 6%
Belgian-Hungarian bilateral economic relations FDI stock by country of origin - 2012 In terms of stock FDI BE ranked as the 7 -8. biggest investor in Hungary in the last decade Belgian firms (or BE based multinationals) has invested 1, 7 billion EUR , this contributed to the incorporation of 300 companies, creating 10 -15 000 jobs Key players: KBC Group (K&H Bank), Electrabel (Dunamenti Hőerőmű); In. Bev (Borsodi Sörgyár), Schréder (Tungsram – outdoor lighting), Atenor (Váci Greens – real estate development); GSK (vaccine plant in Gödöllő), Samsonite (plastic suitcases), Carmeuse (lime products), CFE (construction – Aréna Plaza, Gresham Palace) 11
Practical informations q. Europe’s logistic centre: extremely dense road and rail network, 60% of Europe’s purchasing power is directy accessible within a radius of 500 km from Brussels q Europe’s decision centre: diplomatic corps, lobbi agencies, EU/NATO, HQs for international organizations and 1300 multinational companies, 500 conferences a year q Cosmopolitan country: ideal test market at the crossroads of the Latin and German cultures q Preferred languages: English (Flanders), French/English (Vallonia, Brussels), German (Eupen) q Updated countryspecific information package at www. hita. hu (updated twice a year) q Direct contact: brussels@hita. hu, (requests usually handled within 1 -2 days, advice for potential business partners (on the basis of own/federal commercial databases) q Local chambers/business organizations: VOKA (Flanders) www. voka. be, UWE (Wallonia) www. uwe. be, BECI (Brussels-Capital Region) www. beci. be, UNIZO – www. unizo. be, FEB – www. vbo-feb. be, SPI (Liège) www. spi. be, AGORIA (technology industry) www. agoria. be q Useful multilingual company information webpage: www. trendstop. be q Belgian laws are published at www. moniteur. be q Budapest Offices of Belgian agencies in charge of promoting foreign trade and investment: - FIT Agency (tel: 202 -6402, e-mail: budapest@fitagency. com, web: www. fitagency. be ) - AWEX ( tel: 266 -8621, e-mail: budapest@awex-wallonia. com, web: www. awex. be) 12
Business opportunities in Belgium Target sectors: chemical, pharmaceutical products/medical instruments, machines and appliances, electronical equipment, ICT, logistics Trade fairs, international exhibitions in Belgium – an efficient way for strengthening the position in export markets Useful links: www. exhibitons. be, www. brusselsexpo. be; comprehensive global database from the Association of German Trade Fair Industry - www. auma. de Few examples: Transport equipments: Logistics: Construction: Agriculture, forestry: Food industry: Consumer goods: ICT: Tourism: www. busworld. org, (18/10/13 – Kortrijk), www. transtechnica. be (May 2014 Brussels), www. mobicar. be www. breakbulk. com, (May 2014 Antwerpen) www. easyfairs. com (Transport and Logistics 2013 – 15/10/13 Antwerp) www. batibouw. be, (February 2014 – Brussels) www. cebeo. be www. artsmenagers. be (01/11/13 – Charleroi), www. foiredelibramont. com (26/07/2013 – Libramont) www. salonalimentation. be (05/10/13 – Brussels) www. horecalife. be (17/11/13 – Ghent) www. accenta. be (14/09/2013 – Ghent) www. infosecurity. be (26/03/2014 – Brussels) www. salondesvacances. eu (06/02/14 – Brussels) IKT, mérnöki szolgáltatások, építészet, vízgazdálkodás – „tudás” export Építőipar, vendéglátás – munkaerő migráció = szolgáltatás export Gent = szolgáltatás központ, Antwerpen = logisztikai központ, Brüsszel = politikai központ 13
Introducing HITA Founded by the Hungarian Government to implement foreign economic strategy (operating since January 2011) Central organisation subordinated directly to the Prime Minister’s Office Main tasks are: Investment Promotion and Trade Development 150 employees, mainly consultants on sectorial basis 14
MAIN TASKS OF HITA Promote and facilitate foreign investments § § Offer one-stop shop services for the clients Promotion of government incentives Operative guidance throught the implementation phase Help to get licences, real estate, consultants, etc. Trade development § Encourage Hungarian SMEs to expand their activities on international level Internationalization § Capital export, facilitate joint ventures, international technical cooperation 15
Investment Promotion Pre-decision ü Tailored information packages on the economy, industrial sectors, incentives, business environment, supplier network ü Assistance in location search and evaluation ü Organisation of site visits and partner meetings Implementation ü Supplier search ü Supplying information on permitting procedures ü Assistance in applications for VIP incentives Operations ü Expansion assistance ü After care services ü Intermediary body between the government and the companies 16
THANKS FOR YOUR ATTENTION! Tamás Jakab Economic Counsellor Embassy of Hungary Avenue du vert Chasseur 44, 1180 Brussels Phone: +32 -2 -343 -5044 Fax: +32 -2 -344 -5415 E-mail: brussels@hita. hu or tamas. jakab@mfa. gov. hu 17
1efa424750bf42467c3a39511a352325.ppt