Demographics

The kingdom of Belgium is located in Western Europe, surrounded by the North Sea. With a total land area of 30,280 Km², the country has Netherlands, Germany, France, and Luxembourg as neighbors. Belgium’s second-largest city Antwerp is the diamond capital of the world. Other than diamonds, Belgium is also well-known for chocolate. It produces 220,000 tons of chocolate annually.

Belgium has a population of 11.6 million, 98.3% out of which lives in urban areas. The Belgians are liberal and open-minded people who legalized gay marriages in 2003, way before other European countries. Also, they are trilingual, speaking Dutch, French and German languages.

Average Salary

The average salary of a full-time working adult in Belgium is around 6,150 EUR per month. Though the income depends on your qualification and experience, the lowest average pay is 1,890 EUR, with the highest average being 25,900 EUR. The salary is inclusive of housing, travel, and other benefits.

Economy

Belgium has a free economy and ranks no 48th freest in the 2020 Index with a score of 68.9. The economy depends significantly on the service sector generating most of the GDP. Only one-fourth of the land is favorable for agriculture and comprises crops like sugar beets, potatoes, cereal, and flax.

E-commerce in Belgium

If you are at the wit’s end about where to start your business, Belgium and Netherlands are attractive and growing e-commerce markets. Belgium is the 24th largest e-commerce market globally, with an increasing number of e-sales every year and increased opportunity for dropshipping to Belgium.

10.57 million people use the internet, accounting for 91% penetration and 76% social media users. 83.4% of the total internet users search for products, and 52% make a purchase. Out of the total e-sales, 31% are by m-commerce.

Payment Gateways

For local payments, people usually prefer Bancontact, a credit card used in Belgium. Bancontact and MasterCard are a conventional payment gateway for Belgian vendors plus SOFORT and SEPA direct debits/credits. For international payments, MasterCard, Visa, and American Express credit cards are also popular. Others include Amazon Pay, Klarna, Apple Pay, PayPal, etc.

Popular Products

Fashion and beauty is the most profitable market segment in most countries, with the highest sales, travel, and accommodation stand at the top in Belgium. Travel, accommodation, and mobility accounts for $3.66 billion of e-sales, followed by fashion and beauty. Electronics and appliances made sales worth $1.40 billion in 2020. DIY and toys are also favorite bragging e-revenue of around $1.18 billion.

Fig. Popular products in Belgium

Future of e-commerce

The Belgian e-commerce market shows signs of expansion in the coming years, reaching $6,747. With a growth rate of 4.6%, the revenue is projected to hit $8,067 million by 2025. Belgium would also experience increased user penetration from 66.6% in 2021 to 73.3% by 2025.

Dropshipping to Belgium

Dropshipping to Belgium is no problem when you have Wefullfill. The website has updated products every day for you to find the ones you are looking for. Just place an order on the website and have the items dropshipped to Belgium for only $4.00.