Netherlands (NLD) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Netherlands-Finland In 2022, Netherlands exported $5.87B to Finland. The main products that Netherlands exported to Finland are Scrap Iron ($580M), Inedible Fats and Oils ($561M), and Refined Petroleum ($480M). During the last 27 years the exports of Netherlands to Finland have increased at an annualized rate of 5.69%, from $1.32B in 1995 to $5.87B in 2022.

In 2020, Netherlands exported services to Finland worth $2B, with Transportation ($1.13B), Other business services ($250M), and Royalties and license fees ($244M) being the largest in terms of value.

Finland-Netherlands In 2022, Finland exported $5.88B to Netherlands. The main products that Finland exported to Netherlands were Large Flat-Rolled Stainless Steel ($1.29B), Refined Petroleum ($803M), and Coal Tar Oil ($320M). During the last 27 years the exports of Finland to Netherlands have increased at an annualized rate of 4.57%, from $1.76B in 1995 to $5.88B in 2022.

In 2020, Finland exported services to Netherlands worth $869M, with Computer and information services ($318M), Other business services ($258M), and Transportation ($168M) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B).

Latest Trends

October, 2022

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Overview In October 2022, Netherlands exported €450M and imported €352M from Finland, resulting in a positive trade balance of €98M. Between October 2021 and October 2022 the exports of Netherlands have decreased by €-14M (-3.02%) from €464M to €450M, while imports decreased by €-26M (-6.88%) from €378M to €352M.

Trade In October 2022, the top exports of Netherlands to Finland were Petroleum oils and oils obtained from... (€52M), Ferrous waste and scrap; remelting scrap... (€37M), Animal or vegetable fats and oils,... (€25M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€24M), and Fruit and nuts (not including oil... (€8M). In October 2022 the top imports of Netherlands from Finland were Flat-rolled products of alloy steel (€90M), Zinc (€21M), Petroleum oils and oils obtained from... (€16M), Mechanical handling equipment, and parts thereof,... (€15M), and Paper and paperboard (€12M).

Growth In October 2022, the decrease in Netherlands's year-by-year exports to Finland was explained primarily by an decrease in product exports in Ferrous waste and scrap; remelting scrap... (€-10M or -21.3%), Automatic data-processing machines and units thereof;... (€-9M or -52.9%), and Medicaments (including veterinary medicaments) (€-5M or -50%). In October 2022, the decrease in Netherlands's year-by-year imports from Finland was explained primarily by an decrease in product imports in Petroleum oils and oils obtained from... (€-40M or -71.4%), Flat-rolled products of alloy steel (€-19M or -17.4%), and Other organic chemicals (€-9M or -45%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€-14M(-3.02%)

IMPORT GROWTH (October 2021 - October 2022)€-26M(-6.88%)

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 Finland and Netherlands 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, Netherlands exported $5.87B to Finland. The main products exported from Netherlands to Finland were Scrap Iron ($580M), Inedible Fats and Oils ($561M), and Refined Petroleum ($480M). During the last 27 years the exports of Netherlands to Finland have increased at an annualized rate of 5.69%, from $1.32B in 1995 to $5.87B in 2022.

In 2022, Finland exported $5.88B to Netherlands. The main products exported from Finland to Netherlands were Large Flat-Rolled Stainless Steel ($1.29B), Refined Petroleum ($803M), and Coal Tar Oil ($320M). During the last 27 years the exports of Finland to Netherlands have increased at an annualized rate of 4.57%, from $1.76B in 1995 to $5.88B in 2022.

Exports from Netherlands () to Finland () (2022)

Exports from Finland () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Finland
Top DestinationGermany$9.99B

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

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

In 2021, countries that imported more from Finland than Netherlands were Estonia ($3.58B), Antigua and Barbuda ($50M), and Cambodia ($66.2M).

Difference in imports from Finland () and Netherlands () (2022)

Comparative Advantage Netherlands - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Finland in the exports of Machines ($1.24B), Metals ($872M), and Mineral Products ($623M).

During 2022, Finland had a large net trade with Netherlands in the exports of Metals ($1.93B), Mineral Products ($1.17B), and Machines ($1.1B).

Service Trade

Bilateral Service Trade

Fin Year

Nld Year

In 2020, Netherlands exported services to Finland worth $2B, with Transportation ($1.13B), Other business services ($250M), and Royalties and license fees ($244M) being the largest in terms of value.

In 2020, Finland exported services to Netherlands worth $869M, with Computer and information services ($318M), Other business services ($258M), and Transportation ($168M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Finland () (2020)

Services Exports from Finland () to Netherlands () (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 Netherlands has comparative advantage over Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Netherlands.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Finland () (2022)

Exports from Finland () to Netherlands () (2022)

Market Competitiveness

Difference in imports from Finland () and Netherlands () (2022)

Comparative Advantage Netherlands - Finland

Service Trade

Bilateral Service Trade

Services Exports from Netherlands () to Finland () (2020)

Services Exports from Finland () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Finland () (2022)

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