2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

United Kingdom-Netherlands Trade: In 2022, United Kingdom exported $41.9B to Netherlands. The main products that United Kingdom exported to Netherlands were Crude Petroleum ($9.89B), Petroleum Gas ($4B), and Refined Petroleum ($3.56B). Over the past 5 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 9.18%, from $27B in 2017 to $41.9B in 2022.

In 2019, United Kingdom exported services to Netherlands worth $17.3B, with Other business services ($7.18B), Financial services ($4.94B), and Travel ($1.9B) being the largest in terms of value.

Netherlands-United Kingdom Trade: In 2022, Netherlands exported $38.2B to United Kingdom. The main products that Netherlands exported to United Kingdom were Refined Petroleum ($4.26B), Broadcasting Equipment ($1.52B), and Medical Instruments ($1.21B). Over the past 5 years the exports of Netherlands to United Kingdom have decreased at an annualized rate of 4.36%,  from $47.7B in 2017 to $38.2B in 2022.

In 2020, Netherlands exported services to United Kingdom worth $25.2B, with Other business services ($8.52B), Transportation ($4.81B), and Computer and information services ($4.55B) being the largest in terms of value.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $41.9B to Netherlands. The main products exported from United Kingdom to Netherlands were Crude Petroleum ($9.89B), Petroleum Gas ($4B), and Refined Petroleum ($3.56B). During the last 5 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 9.18%, from $27B in 2017 to $41.9B in 2022.

In 2017, Netherlands exported $38.2B to United Kingdom. The main products exported from Netherlands to United Kingdom were Refined Petroleum ($4.26B), Broadcasting Equipment ($1.52B), and Medical Instruments ($1.21B). During the last 5 years the exports of Netherlands to United Kingdom have decreased at an annualized rate of 4.36%, from $47.7B in 2022 to $38.2B in 2017.

Exports from United Kingdom (Flag) to Netherlands (Flag) (2022)

Exports from Netherlands (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Netherlands
Top Destination
Germany$131B

This map shows whether countries import more from United Kingdom or Netherlands. Each country is colored based on the difference in imports they receive from United Kingdom and Netherlands or the difference in the growth in imports.

In 2022, countries that imported more from United Kingdom than Netherlands included United States ($61.8B), Ireland ($32.6B), and China ($35.4B).

In 2022, countries that imported more from Netherlands than United Kingdom included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

Difference in imports from Netherlands (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Netherlands

Flow
Scale

This chart compares trade between United Kingdom and Netherlands by product, considering products traded by both, United Kingdom and Netherlands.

During 2022, United Kingdom had a large net trade with Netherlands in the exports of Mineral Products ($19B), Machines ($6.32B), and Chemical Products ($5.04B).

During 2017, Netherlands had a large net trade with United Kingdom in the exports of Machines ($7.3B), Mineral Products ($6.09B), and Chemical Products ($4.4B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Netherlands+$462MRefined Petroleum
Top Product Potential Netherlands United Kingdom+$683MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2019, United Kingdom exported services to Netherlands worth $17.3B, with Other business services ($7.18B), Financial services ($4.94B), and Travel ($1.9B) being the largest in terms of value.

In 2020, Netherlands exported services to United Kingdom worth $25.2B, with Other business services ($8.52B), Transportation ($4.81B), and Computer and information services ($4.55B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Netherlands (Flag) (2019)

Services Exports from Netherlands (Flag) to United Kingdom (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Netherlands. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Netherlands (Flag) (2022)

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