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Happy National Day, Singapore !

Wednesday 9 August – Singapore’s National Holiday

Belgian economic mission 2014

The Republic of Singapore has long been a major trading partner of Belgium. In 2016, the country was Belgium’s 35th customer with exports amounting to approximately 1.5 billion euros. The same year, Singapore was our 13th largest supplier for an amount of 5.6 billion euros.

The database of the Belgian Foreign Trade Agency counts some 1.300 Belgian companies exporting to Singapore and another 2.000 who show interest to do so. Belgian companies mainly export chemical products, machinery and equipment, and precious stones and metals. This top 3 also applies to Belgian imports, which account for 86% of chemicals followed by precious stones and metals, and machinery and equipment.

Secretary of State for Foreign Trade Pieter De Crem looks back with satisfaction at the Princely Economic mission led by Princess Astrid to Singapore at the end of 2014. With their very open economies, Singapore and Belgium have many strengths in common and offer numerous opportunities for further deepening and expanding their bilateral trade. The mission of 2014 succeeded in seizing many of these opportunities and in creating new contacts that should lead to new contracts in the coming years.

Secretary of State Pieter De Crem therefore wishes Singapore an excellent National Day and looks very much forward to further strengthening our excellent economic relations!


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