2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Netherlands-United Kingdom Trade: In 2023, Netherlands exported $28B to United Kingdom. The main products that Netherlands exported to United Kingdom were Refined Petroleum ($3.84B), Computers ($794M), and Poultry Meat ($661M). Over the past 5 years the exports of Netherlands to United Kingdom have decreased at an annualized rate of 12.7%, from $55.3B in 2018 to $28B in 2023.

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.

United Kingdom-Netherlands Trade: In 2023, United Kingdom exported $29.8B to Netherlands. The main products that United Kingdom exported to Netherlands were Crude Petroleum ($4.39B), Refined Petroleum ($1.73B), and Petroleum Gas ($1.37B). Over the past 5 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 0.28%,  from $29.3B in 2018 to $29.8B in 2023.

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.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $28B to United Kingdom. The main products exported from Netherlands to United Kingdom were Refined Petroleum ($3.84B), Computers ($794M), and Poultry Meat ($661M). During the last 5 years the exports of Netherlands to United Kingdom have decreased at an annualized rate of 12.7%, from $55.3B in 2018 to $28B in 2023.

In 2018, United Kingdom exported $29.8B to Netherlands. The main products exported from United Kingdom to Netherlands were Crude Petroleum ($4.39B), Refined Petroleum ($1.73B), and Petroleum Gas ($1.37B). During the last 5 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 0.28%, from $29.3B in 2023 to $29.8B in 2018.

Exports from Netherlands (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
United Kingdom
Top Destination
United States$59.7B

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

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

In 2023, countries that imported more from United Kingdom than Netherlands included United States ($59.7B), Ireland ($29.1B), and China ($35.3B).

Difference in imports from United Kingdom (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - United Kingdom

Flow
Scale

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

During 2023, Netherlands had a large net trade with United Kingdom in the exports of Mineral Products ($5.19B), Machines ($4B), and Foodstuffs ($3.82B).

During 2018, United Kingdom had a large net trade with Netherlands in the exports of Mineral Products ($8.51B), Machines ($6.32B), and Chemical Products ($3.98B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands United Kingdom+$683MRefined Petroleum
Top Product Potential United Kingdom Netherlands+$462MRefined 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 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.

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 Netherlands (Flag) to United Kingdom (Flag) (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and United Kingdom (Flag) (2023)

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