Grand Place in Brussels, ornate historic buildings under a cloudy sky.

Belgium

Are you considering entering the Belgian market? Are you already active in Belgium and need advice or support with your next steps? Contact us for advice specific to your business.

Belgium’s central position in Europe and its advanced infrastructure make it one of the continent’s key logistical and economic hubs. The country offers Swiss and Liechtenstein companies attractive opportunities in sectors such as life sciences, biotechnology, pharmaceuticals, logistics and infrastructure.

Belgium's economy, while facing a high public deficit and debt levels, remains a key player in the European market, ranking 23rd in nominal GDP globally. The country's economic growth in 2024 has been driven by domestic demand and productivity gains. As a leader in the pharmaceutical industry and a major logistics hub, particularly through the Port of Antwerp-Bruges, Belgium offers promising opportunities. The country's commitment to innovation, as evidenced by its 6th place in the European Innovation Scoreboard, further enhances its appeal. However, high labor costs and administrative complexity can pose challenges for newcomers. With a clear positioning and well-prepared strategy, Belgium nonetheless remains an accessible market for high-quality solutions, particularly in sectors where innovation and reliability are valued.

Yes

Free Trade Agreement

There is a free trade agreement between Switzerland and this country. Source: State Secretariat for Economic Affairs SECO

8.75
 billion

Total trade flows

Total goods traded with Switzerland (imports + exports). Source: UN Comtrade. Data as of 2023.

11.68
 %

3-year GDP growth

Total real GDP growth over the last three years. Source: World Bank. Data as of 2023.

Belgium combines innovation, stability and connectivity within the heart of Europe. Its research strength, skilled workforce and advanced infrastructure create fertile ground for Swiss and Liechtenstein SMEs seeking sustainable business growth

Beat Kuster

Senior Consultant Southern Europe + Benelux

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FAQs

Comprehensive insights into Belgium’s market trends, key industries and competitive landscape are available in the Econonmic Report Belgium 2025 from the Embassy of Switzerland in Brussels. It highlights growth in the service and logistics sectors, along with high innovation rates in biotechnology and pharmaceuticals. For tailored information, reach out to our country specialists.

Given Belgium’s federal structure, with Flanders, Wallonia and Brussels each having their own economic frameworks, a regional approach is recommended. Partnerships with local distributors or participation in joint ventures often facilitate smoother access to customers. Swiss and Liechtenstein exporters benefit from Belgium’s EU market access and its logistical hubs such as the Port of Antwerp-Bruges.

Belgium’s strong logistics sector and concentration of multinational companies provide excellent opportunities for establishing local partnerships. S-GE can connect exporters from Switzerland and Liechtenstein with vetted local partners, helping them expand their sales and build sustainable supply chains in the region.

As an EU member state, Belgium follows European Union standards and certification requirements. These include CE marking for industrial and consumer products and compliance with EU directives on safety, health, and environmental protection. Swiss and Liechtenstein exporters can benefit from bilateral agreements between Switzerland and the EU that facilitate mutual recognition of conformity assessments.

The main challenges include relatively high labor costs, regional administrative complexity, and strong domestic competition. Differences in taxation and regulations across Flanders, Wallonia and Brussels can complicate market entry. However, Belgium’s multilingual workforce, high purchasing power and advanced infrastructure mitigate these hurdles. With support from S-GE’s consulting experts, exporters from Switzerland and Liechtenstein can address these issues and establish a resilient market presence.

Our experts for Belgium

Beat Kuster

Senior Consultant Southern Europe + Benelux

Zürich, Switzerland

bkuster@s-ge.com

+41 44 365 54 45

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