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2022
Flag → Flag
Exports $47.7BRnk 4 / 224
2022
Flag → Flag
Exports $27BRnk 2 / 224
2022
Flag → Flag
Top Product $9.89BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Netherlands-United Kingdom Trade: In 2022, Netherlands exported $47.7B to United Kingdom. The main products that Netherlands exported to United Kingdom were N/A. Over the past 5 years the exports of Netherlands to United Kingdom have increased at an annualized rate of 23.7%, from $16.5B in 2017 to $47.7B in 2022.

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 2022, United Kingdom exported $27B to Netherlands. The main products that United Kingdom exported to Netherlands were Crude Petroleum ($9.89B), Petroleum Gas ($4B), and Refined Petroleum ($3.56B). Over the past 5 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 8.68%,  from $17.8B in 2017 to $27B in 2022.

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 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €3.6B and imported €2.19B from United Kingdom, resulting in a positive trade balance of €1.41B. Between October 2021 and October 2022 the exports of Netherlands have increased by €513M (16.6%) from €3.08B to €3.6B, while imports increased by €230M (11.7%) from €1.96B to €2.19B.

Trade In October 2022, the top exports of Netherlands to United Kingdom were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€111M), Crude vegetable materials, n.e.s. (€98M), Instruments and appliances, n.e.s., for medical,... (€90M), Petroleum oils and oils obtained from... (€88M), and Thermionic, cold cathode or photo-cathode valves... (€81M). In October 2022 the top imports of Netherlands from United Kingdom were Petroleum oils and oils obtained from... (€256M), Petroleum oils and oils obtained from... (€68M), Medicaments (including veterinary medicaments) (€38M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€30M), and Instruments and appliances, n.e.s., for medical,... (€30M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Thermionic, cold cathode or photo-cathode valves... (€37M or 84.1%), Instruments and appliances, n.e.s., for medical,... (€19M or 26.8%), and Engines and motors, non-electric (other than... (€17M or 77.3%). In October 2022, the increase in Netherlands's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Instruments and appliances, n.e.s., for medical,... (€15M or 100%), Polymers of ethylene, in primary forms (€9M or 300%), and Miscellaneous chemical products, n.e.s. (€8M or 47.1%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€513M(16.6%)
IMPORT GROWTH (October 2021 - October 2022)€230M(11.7%)

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 United Kingdom and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Kingdom and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $47.7B to United Kingdom. There were not main exports from Netherlands to United Kingdom in 2022. During the last 5 years the exports of Netherlands to United Kingdom have increased at an annualized rate of 23.7%, from $16.5B in 2017 to $47.7B in 2022.

In 2017, United Kingdom exported $27B to Netherlands. The main products exported from United Kingdom to Netherlands were Crude Petroleum ($9.89B), Petroleum Gas ($4B), and Refined Petroleum ($3.56B). During the last 22 years the exports of United Kingdom to Netherlands have increased at an annualized rate of 8.68%, from $17.8B in 1995 to $27B in 2017.

Exports from Netherlands (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
United Kingdom
Top DestinationUnited States$61.8B

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 2022, countries that imported more from Netherlands than United Kingdom included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from United Kingdom than Netherlands included United States ($61.8B), Ireland ($32.6B), and China ($35.4B).

Difference in imports from United Kingdom (Flag) and Netherlands (Flag) (2022)

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 2022, Netherlands had a large net trade with United Kingdom in the exports of Machines ($7.3B), Mineral Products ($6.09B), and Chemical Products ($4.4B).

During 2017, United Kingdom had a large net trade with Netherlands in the exports of Mineral Products ($19B), Machines ($6.32B), and Chemical Products ($5.04B).

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) (2022)

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