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2022
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Exports $5.27BRnk 23 / 224
2022
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Top Product $332MRefined Petroleum
2022
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Exports $3.39BRnk 7 / 208
2022
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Top Product $369MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.1Rnk 20 / 124
2022
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Economic Complexity (ECI) ECI 0.58Rnk 40 / 124
2022
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GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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$24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Netherlands-Portugal In 2022, Netherlands exported $5.27B to Portugal. The main products that Netherlands exported to Portugal are Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). During the last 27 years the exports of Netherlands to Portugal have increased at an annualized rate of 4.76%, from $1.5B in 1995 to $5.27B in 2022.

In 2020, Netherlands exported services to Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) being the largest in terms of value.

Portugal-Netherlands In 2022, Portugal exported $3.39B to Netherlands. The main products that Portugal exported to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). During the last 27 years the exports of Portugal to Netherlands have increased at an annualized rate of 3.77%, from $1.25B in 1995 to $3.39B in 2022.

In 2020, Portugal exported services to Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) being the largest in terms of value.

Comparison In 2022,  Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €365M and imported €218M from Portugal, resulting in a positive trade balance of €147M. Between October 2021 and October 2022 the exports of Netherlands have increased by €39M (12%) from €326M to €365M, while imports increased by €39M (21.8%) from €179M to €218M.

Trade In October 2022, the top exports of Netherlands to Portugal were Automatic data-processing machines and units thereof;... (€20M), Petroleum oils and oils obtained from... (€16M), Hydrocarbons, n.e.s., and their halogenated, sulphonated,... (€14M), Medicaments (including veterinary medicaments) (€12M), and Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€10M). In October 2022 the top imports of Netherlands from Portugal were Footwear (€22M), Other plastics, in primary forms (€9M), Pulp and waste paper (€8M), Petroleum oils and oils obtained from... (€7M), and Paper and paperboard (€7M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Portugal was explained primarily by an increase in product exports in Petroleum oils and oils obtained from... (€6M or 60%), Hydrocarbons, n.e.s., and their halogenated, sulphonated,... (€6M or 75%), and Medicinal and pharmaceutical products, other than... (€4M or 200%). In October 2022, the increase in Netherlands's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Perfumery, cosmetic or toilet preparations (excluding... (€3M or 150%), Hydrocarbons, n.e.s., and their halogenated, sulphonated,... (€2M or 50%), and Pulp and waste paper (€1M or 14.3%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€39M(12%)
IMPORT GROWTH (October 2021 - October 2022)€39M(21.8%)

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 Portugal and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $5.27B to Portugal. The main products exported from Netherlands to Portugal were Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). During the last 27 years the exports of Netherlands to Portugal have increased at an annualized rate of 4.76%, from $1.5B in 1995 to $5.27B in 2022.

In 2022, Portugal exported $3.39B to Netherlands. The main products exported from Portugal to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). During the last 27 years the exports of Portugal to Netherlands have increased at an annualized rate of 3.77%, from $1.25B in 1995 to $3.39B in 2022.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Portugal
Top DestinationSpain$20.5B

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

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

In 2021, countries that imported more from Portugal than Netherlands were Angola ($1.59B), Cape Verde ($407M), and Mozambique ($262M).

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

Comparative Advantage Netherlands - Portugal

Flow
Scale

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

During 2022, Netherlands had a large net trade with Portugal in the exports of Machines ($1.21B), Chemical Products ($970M), and Animal Products ($481M).

During 2022, Portugal had a large net trade with Netherlands in the exports of Mineral Products ($566M), Footwear and Headwear ($325M), and Textiles ($312M).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) being the largest in terms of value.

In 2020, Portugal exported services to Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Portugal (Flag) to Netherlands (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 Portugal. Similarly, the more yellow a dot/product is, the more Portugal has comparative advantage over Netherlands.

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

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