2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Netherlands-Saudi Arabia Trade: In 2022, Netherlands exported $3.73B to Saudi Arabia. The main products that Netherlands exported to Saudi Arabia were Refined Petroleum ($726M), Medical Instruments ($220M), and Packaged Medicaments ($187M). Over the past 5 years the exports of Netherlands to Saudi Arabia have increased at an annualized rate of 5.3%, from $2.88B in 2017 to $3.73B in 2022.

In 2022, Netherlands did not export any services to Saudi Arabia.

Saudi Arabia-Netherlands Trade: In 2022, Saudi Arabia exported $5.82B to Netherlands. The main products that Saudi Arabia exported to Netherlands were Crude Petroleum ($4.65B), Refined Petroleum ($270M), and Inedible Fats and Oils ($110M). Over the past 5 years the exports of Saudi Arabia to Netherlands have increased at an annualized rate of 19.6%,  from $1.66B in 2017 to $5.82B in 2022.

In 2022, Saudi Arabia did not export any services to Netherlands.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $3.73B to Saudi Arabia. The main products exported from Netherlands to Saudi Arabia were Refined Petroleum ($726M), Medical Instruments ($220M), and Packaged Medicaments ($187M). During the last 5 years the exports of Netherlands to Saudi Arabia have increased at an annualized rate of 5.3%, from $2.88B in 2017 to $3.73B in 2022.

In 2017, Saudi Arabia exported $5.82B to Netherlands. The main products exported from Saudi Arabia to Netherlands were Crude Petroleum ($4.65B), Refined Petroleum ($270M), and Inedible Fats and Oils ($110M). During the last 5 years the exports of Saudi Arabia to Netherlands have increased at an annualized rate of 19.6%, from $1.66B in 2022 to $5.82B in 2017.

Exports from Netherlands (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Netherlands than Saudi Arabia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Saudi Arabia than Netherlands included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Saudi Arabia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Saudi Arabia in the exports of Mineral Products ($797M), Machines ($770M), and Chemical Products ($513M).

During 2017, Saudi Arabia had a large net trade with Netherlands in the exports of Mineral Products ($4.92B), Chemical Products ($433M), and Plastics and Rubbers ($144M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Saudi Arabia+$104MRefined Petroleum
Top Product Potential Saudi Arabia Netherlands+$683MCrude 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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Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and Saudi Arabia (Flag) (2022)

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