Asia-Oceania is now one of the largest centres for trade. For Brussels companies seeking partnerships, it’s time to move to the rhythm of the planet’s most buoyant economies.
Below, you'll find an overview of key growth sectors in various Asian and Oceana countries (this overview will be gradually completed). Our comprehensive dossier (available for download in PDF format) provides in-depth information on each market, including general data, economic indicators, political landscapes, technological environments, business cultures, legislative aspects, and local contacts.
For any questions, the hub.brussels team is at your service.
China
China is the world's second-largest economy. With its diverse regions and cultures, the demand for imports into the country continues to increase. This presents lucrative opportunities for entrepreneurs in Brussels.
Sectors : Sustainable food, sustainable economy, sustainable fashion & accessories, services, luxury.
Israel
Israel, a multicultural, young and extremely dynamic country is open to entrepreneurship. The EU is its main trading partner. The country is a magnet for technology with the highest number of startups per inhabitant.
Sectors : Medical devices, energy, intelligent transport, electronics components, telecoms, IT, chemicals, the food industry are all opportunities for the Brussels exporter.
Beware: The European Union and its member states are warning European citizens and businesses about the risks associated with economic and financial activities in settlements. Engaging in financial transactions, investments, purchases, tenders, and other economic activities—including services such as tourism—related to Israeli settlements can pose legal and economic risks. This is due to the fact that, under international law, Israeli settlements are established in occupied territory and are not recognized as a legitimate part of Israel's territory.
Japan
With a population of 125 million people, Japan stands as the fourth largest economy globally. It serves as one of Brussels' primary export markets in Asia and beyond the EU.
Sectors: luxury goods & fashion, food & beverage, design & creative industries, biotechnology & pharmaceuticals, environmental & sustainable technologies.
Kuwait
Kuwait, a gulf state bordering Iraq and Saudi Arabia, has the world’s 7th largest oil reserves. The country has developed a global investment strategy.
Sectors: food & beverages, cosmetics & skincare, health & fitness equipment.
Singapore
Singapore is Southeast Asia's leading economic centre. Europe is the 1st foreign investor on its territory.
Sectors: logistics, petrochemicals, construction/real estate, fintech, AI.
Vietnam
The free trade agreement between the European Union and Vietnam has produced positive results since it came into force in August 2020. The country ranks 35th among Belgium's non-European trading partners.
Sectors: greentech, infrastructure, healthcare, technology.
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