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2022
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Exports $4.69BRnk 24 / 224
2022
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Top Product $593MCrude Petroleum
2022
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Exports $17.6BRnk 3 / 217
2022
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Top Product $9.45BRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.1Rnk 20 / 124
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
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2022
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 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC$2,389CURRENT US$
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2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Netherlands-India In 2022, Netherlands exported $4.69B to India. The main products that Netherlands exported to India are Crude Petroleum ($593M), Scrap Iron ($238M), and Vaccines, blood, antisera, toxins and cultures ($160M). During the last 27 years the exports of Netherlands to India have increased at an annualized rate of 8.17%, from $563M in 1995 to $4.69B in 2022.

In 2020, Netherlands exported services to India worth $1.46B, with Computer and information services ($640M), Other business services ($337M), and Royalties and license fees ($245M) being the largest in terms of value.

India-Netherlands In 2022, India exported $17.6B to Netherlands. The main products that India exported to Netherlands were Refined Petroleum ($9.45B), Broadcasting Equipment ($722M), and Raw Aluminium ($716M). During the last 27 years the exports of India to Netherlands have increased at an annualized rate of 11.9%, from $836M in 1995 to $17.6B in 2022.

In 2022, India did not export any services to Netherlands.

Comparison In 2022,  Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €258M and imported €674M from India, resulting in a negative trade balance of €416M. Between October 2021 and October 2022 the exports of Netherlands have increased by €30M (13.2%) from €228M to €258M, while imports increased by €277M (69.8%) from €397M to €674M.

Trade In October 2022, the top exports of Netherlands to India were Petroleum oils and oils obtained from... (€22M), Non-ferrous base metal waste and scrap,... (€11M), Ferrous waste and scrap; remelting scrap... (€10M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€8M), and Other plastics, in primary forms (€6M). In October 2022 the top imports of Netherlands from India were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€19M), Furniture and parts thereof; bedding, mattresses,... (€16M), Medicaments (including veterinary medicaments) (€11M), Articles of apparel, of textile fabrics,... (€11M), and Made-up articles, wholly or chiefly of... (€10M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to India was explained primarily by an increase in product exports in Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€5M or 167%), Alcohols, phenols, phenol-alcohols, and their halogenated,... (€3M or 150%), and Non-ferrous base metal waste and scrap,... (€2M or 22.2%). In October 2022, the increase in Netherlands's year-by-year imports  from India was explained primarily by an increase in product imports  in Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€12M or 171%), Feeding stuff for animals (not including... (€7M or 700%), and Furniture and parts thereof; bedding, mattresses,... (€6M or 60%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€30M(13.2%)
IMPORT GROWTH (October 2021 - October 2022)€277M(69.8%)

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 India and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $4.69B to India. The main products exported from Netherlands to India were Crude Petroleum ($593M), Scrap Iron ($238M), and Vaccines, blood, antisera, toxins and cultures ($160M). During the last 27 years the exports of Netherlands to India have increased at an annualized rate of 8.17%, from $563M in 1995 to $4.69B in 2022.

In 2022, India exported $17.6B to Netherlands. The main products exported from India to Netherlands were Refined Petroleum ($9.45B), Broadcasting Equipment ($722M), and Raw Aluminium ($716M). During the last 27 years the exports of India to Netherlands have increased at an annualized rate of 11.9%, from $836M in 1995 to $17.6B in 2022.

Exports from Netherlands (Flag) to India (Flag) (2022)

Exports from India (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
India
Top DestinationUnited States$82.9B

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

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

In 2021, countries that imported more from India than Netherlands were United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

Difference in imports from India (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - India

Flow
Scale

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

During 2022, Netherlands had a large net trade with India in the exports of Machines ($910M), Mineral Products ($866M), and Chemical Products ($863M).

During 2022, India had a large net trade with Netherlands in the exports of Mineral Products ($9.52B), Chemical Products ($1.78B), and Metals ($1.57B).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to India worth $1.46B, with Computer and information services ($640M), Other business services ($337M), and Royalties and license fees ($245M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to India (Flag) (2020)

Economic Complexity

Competitive Landscape

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 India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and India (Flag) (2022)

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