United Kingdom (GBR) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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United Kingdom (GBR) and Netherlands (NLD) Trade

2022

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Exports $41.9BRnk 2 / 224

2022

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About

United Kingdom-Netherlands In 2022, United Kingdom exported $41.9B to Netherlands. The main products that United Kingdom exported to Netherlands are Crude Petroleum ($9.89B), Petroleum Gas ($4B), and Refined Petroleum ($3.56B). During the last 27 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 3.22%, from $17.8B in 1995 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 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). During the last 27 years the exports of Netherlands to United Kingdom have increased at an annualized rate of 3.16%, from $16.5B in 1995 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 1.38), and 14 in total exports ($469B). That same year, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £2.17B and imported £3.87B from Netherlands, resulting in a negative trade balance of £1.7B. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-495M (-18.6%) from £2.66B to £2.17B, while imports decreased by £-164M (-4.07%) from £4.04B to £3.87B.

Trade In January 2024, the top exports of United Kingdom to Netherlands were Crude Petroleum (£705M), Refined Petroleum (£249M), Petroleum Gas (£80.9M), Coal Tar Oil (£69M), and Packaged Medicaments (£56.2M). In January 2024 the top imports of United Kingdom from Netherlands were Refined Petroleum (£327M), Telephones (£191M), Computers (£187M), Biodiesel and mixtures thereof (£174M), and Packaged Medicaments (£139M).

Origins In January 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£390M), Immingham (£236M), Middlesbrough (£163M), Killingholme (£155M), and Harwich (£128M), while imports destinations were mainly Immingham (£563M), Eurotunnel (£406M), Harwich (£293M), Felixstowe (£246M), and London (£240M).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Netherlands was explained primarily by an decrease in product exports in Gas Turbines (£-133M or -72.8%), Other Vinyl Polymers (£-6.57M or -91.3%), and Flat Flat-Rolled Steel (£-6.41M or -62.1%). In January 2024, the decrease in United Kingdom's year-by-year imports from Netherlands was explained primarily by an decrease in product imports in Petroleum Gas (£-58.9M or -86.9%), Bandages (£-51.7M or -90.8%), and Packaged Medicaments (£-39.2M or -22%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-495M(-18.6%)

IMPORT GROWTH (January 2023 - January 2024)£-164M(-4.07%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£390M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Netherlands and United Kingdom trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 27 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 3.22%, from $17.8B in 1995 to $41.9B in 2022.

In 2022, 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 27 years the exports of Netherlands to United Kingdom have increased at an annualized rate of 3.16%, from $16.5B in 1995 to $38.2B in 2022.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Netherlands
Top DestinationGermany$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 2021, countries that imported more from United Kingdom than Netherlands were United States ($61.8B), Ireland ($32.6B), and China ($35.4B).

In 2021, countries that imported more from Netherlands than United Kingdom were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage United Kingdom - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2022, 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).

Service Trade

Bilateral Service Trade

Nld Year

Gbr Year

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.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Netherlands. Similarly, the more yellow a dot/product is, the more Netherlands has comparative advantage over United Kingdom.

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

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