Why export to the Benelux?
The Benelux was the first unified market in Europe, and is in many ways the cradle of the EU. Historically, it has been a trade hub for centuries, importing and exporting goods from and to the rest of Europe and the world.
The three countries that form the Benelux – Belgium, the Netherlands and Luxembourg – are attractive markets in themselves, but are also at the forefront of logistical capability, financial services and cultural diversity, making them the gateway to Europe.
The Benelux itself consists of open, internationally-oriented economies, and represents a market of nearly 30 million consumers: 11.4 million in Belgium, 17.2 million in the Netherlands, and another 650,000 in Luxembourg.
A country with three linguistic zones and a melting pot of cultures. Thanks to its multiculturalism, the Belgian market is a living lab with 11.4 million consumers for B2C products. Its relatively small distances make it easy to move around in, and they make entrepreneurs more used to participating in opportunities from abroad. Interesting purchasing power adds to its attractiveness.
The Netherlands is the 17th largest economy in the world, with one of the highest GDP’s per capita. The economy depends heavily on foreign trade. Although small in size, the country plays an important role as a European transportation hub, with Rotterdam being by far the biggest port in Europe, and Amsterdam having one of the biggest airports in the world. Thousands of companies of non-Dutch origin have their headquarters in the Netherlands, because of its attractive corporate tax levels.
Although Luxembourg is one of the smallest states in Europe, it has one of its highest GDP’s per capita. The country is very well connected to its neighbours, not just logistically but also culturally. Foreigners account for nearly half its population. With an economy quite similar to that of Germany, Luxembourg is highly industrialized and export-intensive. Its service economy is dominated by banking and finance. Luxembourg is also home to many internet startups.