Netherlands (NLD) and Spain (ESP) Trade | OEC - The Observatory of Economic Complexity

About

Netherlands-Spain In 2020, Netherlands exported $15.5B to Spain. The main products that Netherlands exported to Spain are Packaged Medicaments ($871M), Broadcasting Equipment ($641M), and Computers ($588M). During the last 25 years the exports of Netherlands to Spain have increased at an annualized rate of 4.6%, from $5.04B in 1995 to $15.5B in 2020.

In 2018, Netherlands exported services to Spain worth $5.35B, with Other business services ($2.53B), Transportation ($1.01B), and Royalties and license fees ($763M) being the largest in terms of value.

Spain-Netherlands In 2020, Spain exported $10.4B to Netherlands . The main products that Spain exported to Netherlands were Planes, Helicopters, and/or Spacecraft ($717M), Refined Petroleum ($627M), and Cars ($585M). During the last 25 years the exports of Spain to Netherlands have increased at an annualized rate of 4.5%, from $3.45B in 1995 to $10.4B in 2020.

In 2019, Spain exported services to Netherlands worth $3.76B, with Travel ($3.76B) being the largest in terms of value.

Comparison In 2020, Netherlands ranked 22 in the Economic Complexity Index (ECI 1.13), and 6 in total exports ($511B). That same year, Spain ranked 34 in the Economic Complexity Index (ECI 0.76), and 17 in total exports ($298B).

Latest Trends

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October, 2021

About

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Overview In October 2021 Netherlands exported €1.58B and imported €883M from Spain, resulting in a positive trade balance of €696M. Between October 2020 and October 2021 the exports of Netherlands have increased by €195M (14.1%) from €1.38B to €1.58B, while imports increased by €160M (22.1%) from €723M to €883M.

Trade In October 2021, the top exports of Netherlands to Spain were Petroleum oils and oils obtained from... (€73M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€72M), Miscellaneous manufactured articles, n.e.s. (€60M), Miscellaneous chemical products, n.e.s. (€59M), and Instruments and appliances, n.e.s., for medical,... (€53M). In October 2021 the top imports of Netherlands from Spain were Miscellaneous chemical products, n.e.s. (€78M), Petroleum oils and oils obtained from... (€70M), Medicinal and pharmaceutical products, other than... (€40M), Railway vehicles (including hovertrains) and associated... (€39M), and Motor cars and other motor vehicles... (€38M).

Growth In October 2021, the increase in Netherlands's year-by-year exports to Spain was explained primarily by an increase in product exports in Petroleum oils and oils obtained from... (€27M or 193%), Medicaments (including veterinary medicaments) (€23M or 42.6%), and Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€15M or 26.3%). In October 2021, the increase in Netherlands's year-by-year imports from Spain was explained primarily by an increase in product imports in Petroleum oils and oils obtained from... (€35M or 81.4%), Vegetables, fresh, chilled, frozen or simply... (€9M or 9.68%), and Alcohols, phenols, phenol-alcohols, and their halogenated,... (€7M or 100%).

Latest Trade

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Time Scale

Flow

Value

EXPORT GROWTH (October 2020 - October 2021): €195M, (14.1%)

IMPORT GROWTH (October 2020 - October 2021): €160M, (22.1%)

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

To check Spain and Netherlands trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2020, Netherlands exported $15.5B to Spain. The main products exported from Netherlands to Spain were Packaged Medicaments ($871M), Broadcasting Equipment ($641M), and Computers ($588M). During the last 25 years the exports of Netherlands to Spain have increased at an annualized rate of 4.6%, from $5.04B in 1995 to $15.5B in 2020.

In 2020, Spain exported $10.4B to Netherlands. The main products exported from Spain to Netherlands were Planes, Helicopters, and/or Spacecraft ($717M), Refined Petroleum ($627M), and Cars ($585M). During the last 25 years the exports of Spain to Netherlands have increased at an annualized rate of 4.5%, from $3.45B in 1995 to $10.4B in 2020.

Market Competitiveness

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Measure

SectionYear

Netherlands
Top Destination: Germany, $105B

Spain
Top Destination: France, $47.6B

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

In 2019, countries that imported more from Netherlands than Spain were Germany ($105B), Belgium ($56.1B), and United Kingdom ($40.3B).

In 2019, countries that imported more from Spain than Netherlands were Portugal ($23.8B), Morocco ($8.41B), and France ($47.6B).

Comparative Advantage Netherlands - Spain

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Flow

Year

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

During 2020, Netherlands had a large net trade with Spain in the exports of Machines ($3.78B), Chemical Products ($3.23B), and Instruments ($1.12B).

During 2020, Spain had a large net trade with Netherlands in the exports of Transportation ($1.82B), Vegetable Products ($1.58B), and Chemical Products ($1.54B).

Service Trade

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Bilateral Service Trade

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Esp YearNld Year

In 2018, Netherlands exported services to Spain worth $5.35B, with Other business services ($2.53B), Transportation ($1.01B), and Royalties and license fees ($763M) being the largest in terms of value.

In 2019, Spain exported services to Netherlands worth $3.76B, with Travel ($3.76B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Netherlands - Spain

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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