2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

India-Netherlands Trade: In 2023, India exported $8.62B to Netherlands. The main products that India exported to Netherlands were Refined Petroleum ($2.65B), Broadcasting Equipment ($427M), and Packaged Medicaments ($345M). Over the past 5 years the exports of India to Netherlands have increased at an annualized rate of 12.6%, from $4.77B in 2018 to $8.62B in 2023.

In 2023, India did not export any services to Netherlands.

Netherlands-India Trade: In 2023, Netherlands exported $2.67B to India. The main products that Netherlands exported to India were Special Purpose Ships ($192M), Scrap Iron ($177M), and Scrap Aluminium ($135M). Over the past 5 years the exports of Netherlands to India have decreased at an annualized rate of 5.63%,  from $3.57B in 2018 to $2.67B in 2023.

In 2020, Netherlands exported services to India worth $1.46B, with Computer and information services ($640M), Other business services ($337M), and Royalties and license fees ($245M) being the largest in terms of value.

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $8.62B to Netherlands. The main products exported from India to Netherlands were Refined Petroleum ($2.65B), Broadcasting Equipment ($427M), and Packaged Medicaments ($345M). During the last 5 years the exports of India to Netherlands have increased at an annualized rate of 12.6%, from $4.77B in 2018 to $8.62B in 2023.

In 2018, Netherlands exported $2.67B to India. The main products exported from Netherlands to India were Special Purpose Ships ($192M), Scrap Iron ($177M), and Scrap Aluminium ($135M). During the last 5 years the exports of Netherlands to India have decreased at an annualized rate of 5.63%, from $3.57B in 2023 to $2.67B in 2018.

Exports from India (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from India than Netherlands included United States ($85.5B), United Arab Emirates ($28.8B), and Bangladesh ($11.3B).

In 2023, countries that imported more from Netherlands than India included Belgium ($87B), Germany ($96.9B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and India (Flag) (2023)

Comparative Advantage India - Netherlands

Flow
Scale

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

During 2023, India had a large net trade with Netherlands in the exports of Mineral Products ($2.67B), Machines ($1.27B), and Chemical Products ($1.22B).

During 2018, Netherlands had a large net trade with India in the exports of Chemical Products ($562M), Machines ($550M), and Metals ($460M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Netherlands+$269MTelephones
Top Product Potential Netherlands India+$650MCrude 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 2020, Netherlands exported services to India worth $1.46B, with Computer and information services ($640M), Other business services ($337M), and Royalties and license fees ($245M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to India (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Netherlands (Flag) (2023)

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