Flag Netherlands / Russia Flag

Exports Flag β†’ Flag  (2018): $6.04B, Rnk 16 / 219

Top Product Flag β†’ Flag (2018): $463M, Packaged Medicaments

Exports Flag β†’ Flag (2018): $41B, Rnk 2 / 187

Top Product Flag β†’ Flag (2018): $20.3B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI 0.6, Rnk 41 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $1.66T, CURRENT US$
Rnk 11 / 196

GDP GROWTH Flag (2008-2018): -0.2%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $11,289, CURRENT US$
Rnk 69 / 196

GDP PC GROWTH Flag (2008-2018): -2.98%, CURRENT US$
Rnk 157 / 196

Netherlands-Russia: In 2018, Netherlands exported $6.04B to Russia. The main products exported from Netherlands to Russia were Packaged Medicaments ($463M), Office Machine Parts ($338M), and Tractors ($225M). During the last 23 years the exports of Netherlands to Russia have increased at an annualized rate of 6.03%, from $1.57B in 1995 to $6.04B in 2018. In 2009, Netherlands exported services to Russia worth $2.63B, with Services not allocated ($1.31B), Other business services ($445M), and Royalties and license fees ($266M) being the largest in terms of value.

Russia-Netherlands: In 2018, Russia exported $41B to Netherlands. The main products exported from Russia to Netherlands were Crude Petroleum ($20.3B), Refined Petroleum ($12.7B), and Refined Copper ($1.39B). During the last 23 years the exports of Russia to Netherlands have increased at an annualized rate of 16.5%, from $1.21B in 1995 to $41B in 2018. In 2018, Russia exported services to Netherlands worth $1.66B, with Other business services ($850M), Transportation ($381M), and Computer and information services ($129M) being the largest in terms of value.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). In terms of GDP Per Capita, Netherlands was ranked 14 with a GDP Per Capita of $53,024, and Russia was ranked 69 with a GDP Per Capita of $11,289.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $6.04B to Russia. The main products exported from Netherlands to Russia were Packaged Medicaments ($463M), Office Machine Parts ($338M), and Tractors ($225M). During the last 23 years the exports of Netherlands to Russia have increased at an annualized rate of 6.03%, from $1.57B in 1995 to $6.04B in 2018.

In 2018, Russia exported $41B to Netherlands. The main products exported from Russia to Netherlands were Crude Petroleum ($20.3B), Refined Petroleum ($12.7B), and Refined Copper ($1.39B). During the last 23 years the exports of Russia to Netherlands have increased at an annualized rate of 16.5%, from $1.21B in 1995 to $41B in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Russia
Top Destination
: China, $55.2B

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

In 2018, countries that imported more from Netherlands than Russia were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, countries that imported more from Russia than Netherlands were China ($55.2B), Belarus ($21.6B), and Kazakhstan ($13B).

Comparative Advantage Netherlands - Russia

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Depth

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

During 2018, Netherlands had a large net trade with Russia in the exports of Machines ($2.03B), Chemical Products ($1.04B), and Transportation ($524M).

During 2018, Russia had a large net trade with Netherlands in the exports of Mineral Products ($34.9B), Metals ($3.79B), and Chemical Products ($825M).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Russia (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Russia were Sugar beet (178%) and Whey (173%).

In 2018, the products from Russia that paid the highest import tariffs to enter Netherlands were Undenatured ethyl alcohol > 80% by volume (100%) and Ethyl alcohol and other spirits, denatured (100%).

Explore Tariff Data

*The tariffs present between Netherlands and Russia are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Russia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2009, Netherlands exported services to Russia worth $2.63B, with Services not allocated ($1.31B), Other business services ($445M), and Royalties and license fees ($266M) being the largest in terms of value.

In 2018, Russia exported services to Netherlands worth $1.66B, with Other business services ($850M), Transportation ($381M), and Computer and information services ($129M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Russia. Similarly, the more red a dot/product is, the more Russia has comparative advantage over Netherlands.