Netherlands / South Korea

Netherlands-South Korea Trade: In 2023, Netherlands exported $10.2B to South Korea. The main products that Netherlands exported to South Korea were Machinery Having Individual Functions ($6.08B), Vaccines, blood, antisera, toxins and cultures ($359M), and Integrated Circuits ($239M). Over the past 5 years the exports of Netherlands to South Korea have increased at an annualized rate of 7.92%, from $6.98B in 2018 to $10.2B in 2023.

In 2020, Netherlands exported services to South Korea worth $750M, with Computer and information services ($270M), Other business services ($199M), and Transportation ($172M) being the largest in terms of value.

South Korea-Netherlands Trade: In 2023, South Korea exported $5.26B to Netherlands. The main products that South Korea exported to Netherlands were Cars ($699M), Refined Petroleum ($482M), and Machinery Having Individual Functions ($299M). Over the past 5 years the exports of South Korea to Netherlands have increased at an annualized rate of 2.64%,  from $4.61B in 2018 to $5.26B in 2023.

In 2005, South Korea exported services to Netherlands worth $444M, with Transportation ($249M), Other business services ($106M), and Services not allocated ($56.6M) 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).