Netherlands (NLD) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Netherlands-Philippines In 2022, Netherlands exported $969M to Philippines. The main products that Netherlands exported to Philippines are Special Purpose Ships ($169M), Pig Meat ($112M), and Edible Offal ($77.4M). During the last 27 years the exports of Netherlands to Philippines have increased at an annualized rate of 5.96%, from $203M in 1995 to $969M in 2022.

In 2020, Netherlands exported services to Philippines worth $605M, with Other business services ($255M), Royalties and license fees ($241M), and Computer and information services ($50.6M) being the largest in terms of value.

Philippines-Netherlands In 2022, Philippines exported $2.93B to Netherlands. The main products that Philippines exported to Netherlands were Coconut Oil ($597M), Integrated Circuits ($592M), and Office Machine Parts ($410M). During the last 27 years the exports of Philippines to Netherlands have increased at an annualized rate of 9.33%, from $264M in 1995 to $2.93B in 2022.

In 2022, Philippines 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, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €48M and imported €253M from Philippines, resulting in a negative trade balance of €205M. Between October 2021 and October 2022 the exports of Netherlands have decreased by €-9M (-15.8%) from €57M to €48M, while imports increased by €107M (73.3%) from €146M to €253M.

Trade In October 2022, the top exports of Netherlands to Philippines were Other meat and edible meat offal,... (€7M), Vegetables, roots and tubers, prepared or... (€3M), Meat of bovine animals, fresh, chilled... (€1M), Vegetables, fresh, chilled, frozen or simply... (€1M), and Chocolate and other food preparations containing... (€1M). In October 2022 the top imports of Netherlands from Philippines were Fixed vegetable fats and oils, crude,... (€16M), Household-type electrical and non-electrical equipment, n.e.s. (€12M), Thermionic, cold cathode or photo-cathode valves... (€12M), Television receivers (including video monitors and... (€11M), and Office machines (€8M).

Growth In October 2022, the decrease in Netherlands's year-by-year exports to Philippines was explained primarily by an decrease in product exports in Other meat and edible meat offal,... (€-2M or -22.2%), Pumps for liquids, whether or not... (€-1M or -50%), and Measuring, checking, analysing and controlling instruments... (€-1M or -50%). In October 2022, the increase in Netherlands's year-by-year imports from Philippines was explained primarily by an increase in product imports in Furniture and parts thereof; bedding, mattresses,... (€2M or 66.7%), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€1M or 100%), and Electrical machinery and apparatus, n.e.s. (€1M or 14.3%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€-9M(-15.8%)

IMPORT GROWTH (October 2021 - October 2022)€107M(73.3%)

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 Philippines and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $969M to Philippines. The main products exported from Netherlands to Philippines were Special Purpose Ships ($169M), Pig Meat ($112M), and Edible Offal ($77.4M). During the last 27 years the exports of Netherlands to Philippines have increased at an annualized rate of 5.96%, from $203M in 1995 to $969M in 2022.

In 2022, Philippines exported $2.93B to Netherlands. The main products exported from Philippines to Netherlands were Coconut Oil ($597M), Integrated Circuits ($592M), and Office Machine Parts ($410M). During the last 27 years the exports of Philippines to Netherlands have increased at an annualized rate of 9.33%, from $264M in 1995 to $2.93B in 2022.

Exports from Netherlands () to Philippines () (2022)

Exports from Philippines () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Philippines
Top DestinationUnited States$15.5B

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

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

In 2021, countries that imported more from Philippines than Netherlands were Hong Kong ($12.6B), Japan ($11.3B), and Singapore ($7.07B).

Difference in imports from Philippines () and Netherlands () (2022)

Comparative Advantage Netherlands - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Philippines in the exports of Animal Products ($251M), Transportation ($199M), and Machines ($141M).

During 2022, Philippines had a large net trade with Netherlands in the exports of Machines ($1.71B), Animal and Vegetable Bi-Products ($606M), and Vegetable Products ($104M).

Service Trade

Bilateral Service Trade

Nld Year

In 2020, Netherlands exported services to Philippines worth $605M, with Other business services ($255M), Royalties and license fees ($241M), and Computer and information services ($50.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Philippines () (2020)

Economic Complexity

Competitive Landscape

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Philippines () (2022)

Exports from Philippines () to Netherlands () (2022)

Market Competitiveness

Difference in imports from Philippines () and Netherlands () (2022)

Comparative Advantage Netherlands - Philippines

Service Trade

Bilateral Service Trade

Services Exports from Netherlands () to Philippines () (2020)

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Philippines () (2022)

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