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

About

Netherlands-Spain In 2019, Netherlands exported $16.5B to Spain. The main products that Netherlands exported to Spain are Packaged Medicaments ($783M), Refined Petroleum ($737M), and Medical Instruments ($608M). During the last 24 years the exports of Netherlands to Spain have increased at an annualized rate of 5.14%, from $4.95B in 1995 to $16.5B in 2019.

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 2019, Spain exported $10.9B to Netherlands . The main products that Spain exported to Netherlands were Refined Petroleum ($1.25B), Cars ($616M), and Coal Tar Oil ($327M). During the last 24 years the exports of Spain to Netherlands have increased at an annualized rate of 5.01%, from $3.37B in 1995 to $10.9B in 2019.

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

Comparison In 2019, Netherlands ranked 22 in the Economic Complexity Index (ECI 1.19), and 7 in total exports ($534B). That same year, Spain ranked 36 in the Economic Complexity Index (ECI 0.85), and 16 in total exports ($319B).

Latest Trends

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June, 2021

About

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Overview In June 2021 Netherlands exported €1.6B and imported €908M from Spain, resulting in a positive trade balance of €688M. Between June 2020 and June 2021 the exports of Netherlands have increased by €491M (44.4%) from €1.11B to €1.6B, while imports increased by €280M (44.6%) from €628M to €908M.

Trade In June 2021, the top exports of Netherlands to Spain were Miscellaneous chemical products, n.e.s. (€91M), Petroleum oils and oils obtained from... (€67M), Instruments and appliances, n.e.s., for medical,... (€66M), Medicaments (including veterinary medicaments) (€63M), and Miscellaneous manufactured articles, n.e.s. (€59M). In June 2021 the top imports of Netherlands from Spain were Miscellaneous chemical products, n.e.s. (€83M), Petroleum oils and oils obtained from... (€73M), Fruit and nuts (not including oil... (€63M), Medicinal and pharmaceutical products, other than... (€42M), and Vegetables, fresh, chilled, frozen or simply... (€27M).

Growth In June 2021, the increase in Netherlands's year-by-year exports to Spain was explained primarily by an increase in product exports in Miscellaneous chemical products, n.e.s. (€64M or 237%), Petroleum oils and oils obtained from... (€57M or 570%), and Medicinal and pharmaceutical products, other than... (€27M or 117%). In June 2021, the increase in Netherlands's year-by-year imports from Spain was explained primarily by an increase in product imports in Miscellaneous chemical products, n.e.s. (€70M or 538%), Petroleum oils and oils obtained from... (€50M or 217%), and Medicinal and pharmaceutical products, other than... (€24M or 133%).

Latest Trade

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Time Scale

Flow

Value

EXPORT GROWTH (June 2020 - June 2021): €491M, (44.4%)

IMPORT GROWTH (June 2020 - June 2021): €280M, (44.6%)

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 2019, Netherlands exported $16.5B to Spain. The main products exported from Netherlands to Spain were Packaged Medicaments ($783M), Refined Petroleum ($737M), and Medical Instruments ($608M). During the last 24 years the exports of Netherlands to Spain have increased at an annualized rate of 5.14%, from $4.95B in 1995 to $16.5B in 2019.

In 2019, Spain exported $10.9B to Netherlands. The main products exported from Spain to Netherlands were Refined Petroleum ($1.25B), Cars ($616M), and Coal Tar Oil ($327M). During the last 24 years the exports of Spain to Netherlands have increased at an annualized rate of 5.01%, from $3.37B in 1995 to $10.9B in 2019.

Latest Data

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Netherlands Exports

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Date

Spain Exports

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Date

Market Competitiveness

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Measure

SectionYear

Netherlands
Top Destination: Germany, $106B

Spain
Top Destination: France, $47.4B

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 ($106B), Belgium ($65.7B), and United Kingdom ($48.5B).

In 2019, countries that imported more from Spain than Netherlands were Portugal ($25.8B), France ($47.4B), and Morocco ($9.28B).

Comparative Advantage Netherlands - Spain

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Depth

Year

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

During 2019, Netherlands had a large net trade with Spain in the exports of Machines ($3.8B), Chemical Products ($3.04B), and Instruments ($1.21B).

During 2019, Spain had a large net trade with Netherlands in the exports of Mineral Products ($1.75B), Chemical Products ($1.63B), and Vegetable Products ($1.53B).

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.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Latest Data

Netherlands Exports

Spain Exports

Market Competitiveness

Comparative Advantage Netherlands - Spain

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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