Netherlands (NLD) and Greece (GRC) Trade | OEC - The Observatory of Economic Complexity

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Netherlands-Greece In 2021, Netherlands exported $6.04B to Greece. The main products that Netherlands exported to Greece are Broadcasting Equipment ($437M), Packaged Medicaments ($356M), and Computers ($327M). During the last 26 years the exports of Netherlands to Greece have increased at an annualized rate of 4.63%, from $1.86B in 1995 to $6.04B in 2021.

In 2020, Netherlands exported services to Greece worth $699M, with Royalties and license fees ($221M), Other business services ($178M), and Transportation ($144M) being the largest in terms of value.

Greece-Netherlands In 2021, Greece exported $1.91B to Netherlands. The main products that Greece exported to Netherlands were Packaged Medicaments ($209M), Fish: dried, salted, smoked or in brine ($112M), and Insulated Wire ($90.1M). During the last 26 years the exports of Greece to Netherlands have increased at an annualized rate of 7.11%, from $321M in 1995 to $1.91B in 2021.

In 2020, Greece exported services to Netherlands worth $665M, with Transportation ($236M), Travel ($193M), and Other business services ($123M) being the largest in terms of value.

Comparison In 2021, Netherlands ranked 22 in the Economic Complexity Index (ECI 1.09), and 6 in total exports ($642B). That same year, Greece ranked 50 in the Economic Complexity Index (ECI 0.32), and 44 in total exports ($82B).

Latest Trends

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October, 2022

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Overview In October 2022, Netherlands exported €299M and imported €67M from Greece, resulting in a positive trade balance of €232M. Between October 2021 and October 2022 the exports of Netherlands have increased by €76M (34.1%) from €223M to €299M, while imports increased by €10M (17.5%) from €57M to €67M.

Trade In October 2022, the top exports of Netherlands to Greece were Medicaments (including veterinary medicaments) (€13M), Other meat and edible meat offal,... (€11M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€11M), Medicinal and pharmaceutical products, other than... (€10M), and Cheese and curd (€7M). In October 2022 the top imports of Netherlands from Greece were Medicaments (including veterinary medicaments) (€6M), Aluminium (€5M), Vegetables, roots and tubers, prepared or... (€3M), Fruit, preserved, and fruit preparations (excluding... (€3M), and Fish, fresh (live or dead), chilled... (€2M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Greece was explained primarily by an increase in product exports in Medicinal and pharmaceutical products, other than... (€6M or 150%), Food-processing machines (excluding domestic); parts thereof (€2M or 200%), and Automatic data-processing machines and units thereof;... (€2M or 66.7%). In October 2022, the increase in Netherlands's year-by-year imports from Greece was explained primarily by an increase in product imports in Fruit, preserved, and fruit preparations (excluding... (€2M or 200%), Medicaments (including veterinary medicaments) (€2M or 50%), and Fish, fresh (live or dead), chilled... (€1M or 100%).

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (October 2021 - October 2022): €76M, (34.1%)

IMPORT GROWTH (October 2021 - October 2022): €10M, (17.5%)

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 Greece 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

Year

In 2021, Netherlands exported $6.04B to Greece. The main products exported from Netherlands to Greece were Broadcasting Equipment ($437M), Packaged Medicaments ($356M), and Computers ($327M). During the last 26 years the exports of Netherlands to Greece have increased at an annualized rate of 4.63%, from $1.86B in 1995 to $6.04B in 2021.

In 2021, Greece exported $1.91B to Netherlands. The main products exported from Greece to Netherlands were Packaged Medicaments ($209M), Fish: dried, salted, smoked or in brine ($112M), and Insulated Wire ($90.1M). During the last 26 years the exports of Greece to Netherlands have increased at an annualized rate of 7.11%, from $321M in 1995 to $1.91B in 2021.

Market Competitiveness

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Color

SectionYear

Netherlands
Top Destination: Germany, $129B

Greece
Top Destination: Italy, $6.8B

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

In 2021, countries that imported more from Netherlands than Greece were Germany ($129B), Belgium ($80.2B), and France ($57.1B).

In 2021, countries that imported more from Greece than Netherlands were Cyprus ($4.47B), Lebanon ($2.77B), and Libya ($2.38B).

Comparative Advantage Netherlands - Greece

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Flow

Scale

Year

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

During 2021, Netherlands had a large net trade with Greece in the exports of Machines ($1.74B), Chemical Products ($993M), and Animal Products ($798M).

During 2021, Greece had a large net trade with Netherlands in the exports of Metals ($336M), Chemical Products ($301M), and Foodstuffs ($242M).

Service Trade

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Bilateral Service Trade

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Grc YearNld Year

In 2020, Netherlands exported services to Greece worth $699M, with Royalties and license fees ($221M), Other business services ($178M), and Transportation ($144M) being the largest in terms of value.

In 2020, Greece exported services to Netherlands worth $665M, with Transportation ($236M), Travel ($193M), and Other business services ($123M) 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 yellow. This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Greece. Similarly, the more yellow a dot/product is, the more Greece 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 - Greece

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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