Cooperation: Belgium’s economic mission at the DRC

Hub Brussels, a business support agency in Brussels, has organized in collaboration with the Wallon Export Foreign Investment Organization (Awex) and FIT, and the Belgian economic delegation has several Brussels authorities, namely Rudy, the Minister of Brussels. It will be led by Velvot. Brussels region; Pascal Smet, Secretary of State of Belgium, responsible for European and international affairs and foreign trade. Philippe Close, Mayor of Brussels, Lydia Mutiebele Goy, Brussels City Housing, Public Heritage, Equal Opportunity City Councilor.

Belgium exports to the Democratic Republic of the Congo

Regarding Belgium’s exports to the Democratic Republic of the Congo, Awex shows that this country is 61When Belgian customers in 2020 remained in that position during the first quarter of 2021. Belgium’s exports in 2019 before the health crisis were € 245.11 million, but increased to € 291.01 million in 2020, an increase of 19% compared to 2019. increase). .. Nevertheless, with Awex, the first quarter of 2021 shows a slight decrease of 4% compared to the first quarter of 2020.

The main sector of exports from Belgium to the DRC in 2020 is the rate of change for the first three months of 2021, followed by the chemical industry and pharmaceutical products. 33.82% / (26.34%). Mechanical, electrical and electronic machinery and equipment: 15.33% / (17.98%) ,; Food, beverages, tobacco: 11.95% / (13.00%); Transportation equipment: 9.10% / (8.10%); Similar to mineral products: 8.39% / (12.15%)

Belgian imports from the Democratic Republic of the Congo

As far as imports are concerned, DRC stands for Awex and is 80When It was a Belgian supplier in 2020, but fell to 101When It established itself as a supplier country in Belgium in the first quarter of 2021. If imports to Belgium reached € 68.98 million in 2019, they would increase to € 85.25 million in 2020, a significant decrease of 76% in the first quarter of 2021. Compared to the same period in 2020.

The trade balance favored Belgium at € 176.12 million in 2019 before the health crisis, increased to € 25.75 million in 2020 and shrank to € 74.96 million in the first quarter of 2021. Explains Awex.

The main sectors imported from DRC to Belgium in 2020 are the rate of change for the first three months of 2021, with pearls, stones and precious metals listed in parentheses next to each sector. Currency: 73.66% / (67.08%); Food, beverages, tobacco: 4.38% / (15.91%), and wood and cork. Articles in these materials: 3.41% / (10.70%).

Walloon exports to DRC

80When In 2020, the DRC, the customer country of the Wallonia region (one of Belgium’s three regions), became 81.When Customers in the first quarter of 2021 show Awex. Before the Health Crisis, Wallon’s exports in 2019 were € 18.75 million, down to € 11.32 million in 2020 (which is almost a 40% reduction compared to 2019). These exports continued to decline by 30% in the first quarter of 2021 compared to the first quarter of 2020.

The main export sectors from Wallon to the Democratic Republic of the Congo in 2020 are: The rate of change for the first three months of 2021 is shown in parentheses next to each sector. Optical, precision, watchmaking equipment: 47.43% / (37.83%). Mechanical, electrical and electronic machinery and equipment: 15.83% / (29.09%); Chemical and pharmaceutical industry products: 10.22% / (3.00%); Food, beverages, tobacco: 8.11% / (13.52%) and living animals And animal products: 3.63% / (4.48%)

According to Awex, Wallonia’s share of Belgium’s exports to the DRC was 3.89% in 2020 and 3.15% in the first quarter of 2021.

In addition, 106When DRC, a Waron supplier in 2020, fell to 111When We established our position as a supplier in the first quarter of 2021.

Import of Wallon from the Democratic Republic of the Congo

Imports into the Walloon region in 2019 were negligible (€ 40,000). They increased in 2020 (EURO 70,000) and fell to zero in the first quarter of 2021 compared to the same period in 2020. The health crisis will be reduced to € 11.25 million in 2020 and € 2.54 million in the first quarter of 2021.