Flag Netherlands / Russia Flag

2021
FlagFlag
Exports
: $7.6B, Rnk 16 / 222

2021
FlagFlag
Top Product
: $574M, Packaged Medicaments

2021
FlagFlag
Exports
: $39B, Rnk 2 / 192

2021
FlagFlag
Top Product
: $17B, Crude Petroleum

2021
Flag
Economic Complexity (ECI)
: ECI 1.09, Rnk 22 / 131

2021
Flag
Economic Complexity (ECI)
: ECI 0.46, Rnk 45 / 131

2021
Flag  
GDP
: $1.02T, CURRENT US$
Rnk 17 / 182

2011-2021
Flag
GDP GROWTH
: 12.5%, CURRENT US$
Rnk 121 / 182

2021
Flag
 GDP
: $1.78T, CURRENT US$
Rnk 11 / 182

2011-2021
Flag
GDP GROWTH
: -13.2%, CURRENT US$
Rnk 167 / 182

2021
Flag
GDP PC 
: $58,061, CURRENT US$
Rnk 13 / 182

2011-2021
Flag
GDP PC GROWTH
: 7.06%, CURRENT US$
Rnk 110 / 182

2021
Flag
GDP PC
: $12,173, CURRENT US$
Rnk 61 / 182

2011-2021
Flag
GDP PC GROWTH
: -14.9%, CURRENT US$
Rnk 153 / 182

Netherlands-Russia In 2021, Netherlands exported $7.6B to Russia. The main products that Netherlands exported to Russia are Packaged Medicaments ($574M), Office Machine Parts ($478M), and Tractors ($463M). During the last 26 years the exports of Netherlands to Russia have increased at an annualized rate of 6.25%, from $1.57B in 1995 to $7.6B in 2021.

In 2020, Netherlands exported services to Russia worth $1.78B, with Other business services ($696M), Royalties and license fees ($394M), and Construction services ($267M) being the largest in terms of value.

Russia-Netherlands In 2021, Russia exported $39B to Netherlands. The main products that Russia exported to Netherlands were Crude Petroleum ($17B), Refined Petroleum ($14.2B), and Coal Briquettes ($1.1B). During the last 26 years the exports of Russia to Netherlands have increased at an annualized rate of 14.4%, from $1.19B in 1995 to $39B in 2021.

In 2020, Russia exported services to Netherlands worth $1.59B, with Other business services ($669M), Transportation ($381M), and Construction services ($254M) being the largest in terms of value.

Comparison In 2021,  Netherlands ranked 22 in the Economic Complexity Index (ECI 1.09), and 6 in total exports ($642B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, Netherlands exported $7.6B to Russia. The main products exported from Netherlands to Russia were Packaged Medicaments ($574M), Office Machine Parts ($478M), and Tractors ($463M). During the last 26 years the exports of Netherlands to Russia have increased at an annualized rate of 6.25%, from $1.57B in 1995 to $7.6B in 2021.

In 2021, Russia exported $39B to Netherlands. The main products exported from Russia to Netherlands were Crude Petroleum ($17B), Refined Petroleum ($14.2B), and Coal Briquettes ($1.1B). During the last 26 years the exports of Russia to Netherlands have increased at an annualized rate of 14.4%, from $1.19B in 1995 to $39B in 2021.

Market Competitiveness

#permalink to section
Color

Netherlands
Top Destination
: Germany, $129B

Russia
Top Destination
: China, $70.9B

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 2021, countries that imported more from Netherlands than Russia were Germany ($129B), Belgium ($80.2B), and France ($57.1B).

In 2021, countries that imported more from Russia than Netherlands were China ($70.9B), Belarus ($20.5B), and Kazakhstan ($18.1B).

Comparative Advantage Netherlands - Russia

#permalink to section
Flow
Scale

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

During 2021, Netherlands had a large net trade with Russia in the exports of Machines ($2.22B), Chemical Products ($1.59B), and Transportation ($915M).

During 2021, Russia had a large net trade with Netherlands in the exports of Mineral Products ($33.1B), Metals ($3.2B), and Animal Products ($1.32B).

Bilateral Service Trade

#permalink to section

In 2020, Netherlands exported services to Russia worth $1.78B, with Other business services ($696M), Royalties and license fees ($394M), and Construction services ($267M) being the largest in terms of value.

In 2020, Russia exported services to Netherlands worth $1.59B, with Other business services ($669M), Transportation ($381M), and Construction services ($254M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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