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2023
Flag → Flag
Exports $5.99BRnk 19 / 224
2023
Flag → Flag
Top Product $299MCars
2023
Flag → Flag
Exports $2.88BRnk 7 / 211
2023
Flag → Flag
Top Product $309MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Netherlands-Portugal Trade: In 2023, Netherlands exported $5.99B to Portugal. The main products that Netherlands exported to Portugal were Cars ($299M), Refined Petroleum ($254M), and Packaged Medicaments ($219M). Over the past 5 years the exports of Netherlands to Portugal have increased at an annualized rate of 3.76%, from $4.98B in 2018 to $5.99B in 2023.

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 Trade: In 2023, Portugal exported $2.88B to Netherlands. The main products that Portugal exported to Netherlands were Refined Petroleum ($309M), Leather Footwear ($251M), and Coal Tar Oil ($149M). Over the past 5 years the exports of Portugal to Netherlands have increased at an annualized rate of 1.11%,  from $2.73B in 2018 to $2.88B in 2023.

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 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €451M and imported €188M from Portugal, resulting in a positive trade balance of €263M. Between October 2023 and October 2024 the exports of Netherlands have increased by €17M (3.92%) from €434M to €451M, while imports increased by €43M (29.7%) from €145M to €188M.

Trade In October 2024, the top exports of Netherlands to Portugal were Undefined (€88M), Petroleum oils and oils obtained from... (€20M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€19M), Medicaments (including veterinary medicaments) (€14M), and Meat of bovine animals, fresh, chilled... (€11M). In October 2024 the top imports of Netherlands from Portugal were Petroleum oils and oils obtained from... (€37M), Footwear (€25M), Pulp and waste paper (€13M), Paper and paperboard (€13M), and Articles of apparel, of textile fabrics,... (€11M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€17M(3.92%)
IMPORT GROWTH (October 2023 - October 2024)€43M(29.7%)

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.

Explore Portugal and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $5.99B to Portugal. The main products exported from Netherlands to Portugal were Cars ($299M), Refined Petroleum ($254M), and Packaged Medicaments ($219M). During the last 5 years the exports of Netherlands to Portugal have increased at an annualized rate of 3.76%, from $4.98B in 2018 to $5.99B in 2023.

In 2018, Portugal exported $2.88B to Netherlands. The main products exported from Portugal to Netherlands were Refined Petroleum ($309M), Leather Footwear ($251M), and Coal Tar Oil ($149M). During the last 5 years the exports of Portugal to Netherlands have increased at an annualized rate of 1.11%, from $2.73B in 2023 to $2.88B in 2018.

Exports from Netherlands (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Portugal
Top DestinationSpain$17.7B

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 2023, countries that imported more from Netherlands than Portugal included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Portugal than Netherlands included Angola ($1.64B), Morocco ($1.65B), and Cape Verde ($536M).

Difference in imports from Portugal (Flag) and Netherlands (Flag) (2023)

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 2023, Netherlands had a large net trade with Portugal in the exports of Machines ($1.45B), Chemical Products ($917M), and Animal Products ($641M).

During 2018, Portugal had a large net trade with Netherlands in the exports of Mineral Products ($483M), Footwear and Headwear ($281M), and Textiles ($254M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Portugal+$103MRefined Petroleum
Top Product Potential Portugal Netherlands+$82.1MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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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)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Portugal. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Portugal (Flag) (2023)

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