Netherlands (NLD) and United States (USA) Trade | OEC - The Observatory of Economic Complexity

About

Netherlands-United States In 2019, Netherlands exported $26.6B to United States. The main products that Netherlands exported to United States are Refined Petroleum ($3.94B), Photo Lab Equipment ($2.04B), and Blood, antisera, vaccines, toxins and cultures ($1.42B). During the last 24 years the exports of Netherlands to United States have increased at an annualized rate of 6.17%, from $6.31B in 1995 to $26.6B in 2019.

In 2018, Netherlands exported services to United States worth $17.2B, with Other business services ($8.16B), Transportation ($3.28B), and Royalties and license fees ($1.6B) being the largest in terms of value.

United States-Netherlands In 2019, United States exported $47.8B to Netherlands . The main products that United States exported to Netherlands were Crude Petroleum ($5.36B), Medical Instruments ($4.09B), and Blood, antisera, vaccines, toxins and cultures ($3.21B). During the last 24 years the exports of United States to Netherlands have increased at an annualized rate of 4.79%, from $15.6B in 1995 to $47.8B in 2019.

In 2011, United States exported services to Netherlands worth $9.24B, with Royalties and license fees ($5.37B), Transportation ($1.66B), and Travel ($1.65B) being the largest in terms of value.

Comparison In 2019, Netherlands ranked 22 in the Economic Complexity Index (ECI 1.19), and 7 in total exports ($534B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T).

Latest Trends

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June, 2021

About

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Overview In June 2021 Netherlands exported €2.45B and imported €3.29B from United States, resulting in a negative trade balance of €840M. Between June 2020 and June 2021 the exports of Netherlands have increased by €622M (34.1%) from €1.82B to €2.45B, while imports increased by €745M (29.3%) from €2.54B to €3.29B.

Trade In June 2021, the top exports of Netherlands to United States were Petroleum oils and oils obtained from... (€401M), Other machinery and equipment specialized for... (€191M), Medicinal and pharmaceutical products, other than... (€159M), Medicaments (including veterinary medicaments) (€80M), and Instruments and appliances, n.e.s., for medical,... (€77M). In June 2021 the top imports of Netherlands from United States were Petroleum oils and oils obtained from... (€374M), Instruments and appliances, n.e.s., for medical,... (€280M), Medicinal and pharmaceutical products, other than... (€204M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€167M), and Miscellaneous manufactured articles, n.e.s. (€151M).

Growth In June 2021, the increase in Netherlands's year-by-year exports to United States was explained primarily by an increase in product exports in Petroleum oils and oils obtained from... (€209M or 109%), Medicinal and pharmaceutical products, other than... (€70M or 78.7%), and Radioactive and associated materials (€63M or 788%). In June 2021, the increase in Netherlands's year-by-year imports from United States was explained primarily by an increase in product imports in Petroleum oils and oils obtained from... (€243M or 185%), Medicaments (including veterinary medicaments) (€72M or 138%), and Instruments and appliances, n.e.s., for medical,... (€52M or 22.8%).

Latest Trade

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Time Scale

Flow

Value

EXPORT GROWTH (June 2020 - June 2021): €622M, (34.1%)

IMPORT GROWTH (June 2020 - June 2021): €745M, (29.3%)

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 United States and Netherlands trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2019, Netherlands exported $26.6B to United States. The main products exported from Netherlands to United States were Refined Petroleum ($3.94B), Photo Lab Equipment ($2.04B), and Blood, antisera, vaccines, toxins and cultures ($1.42B). During the last 24 years the exports of Netherlands to United States have increased at an annualized rate of 6.17%, from $6.31B in 1995 to $26.6B in 2019.

In 2019, United States exported $47.8B to Netherlands. The main products exported from United States to Netherlands were Crude Petroleum ($5.36B), Medical Instruments ($4.09B), and Blood, antisera, vaccines, toxins and cultures ($3.21B). During the last 24 years the exports of United States to Netherlands have increased at an annualized rate of 4.79%, from $15.6B in 1995 to $47.8B in 2019.

Latest Data

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Netherlands Exports

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Date

United States Exports

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Date

Market Competitiveness

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Measure

SectionYear

Netherlands
Top Destination: Germany, $106B

United States
Top Destination: Canada, $252B

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

In 2019, countries that imported more from Netherlands than United States were Germany ($106B), Belgium ($65.7B), and Sweden ($13.1B).

In 2019, countries that imported more from United States than Netherlands were Canada ($252B), Mexico ($235B), and China ($103B).

Comparative Advantage Netherlands - United States

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Depth

Year

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

During 2019, Netherlands had a large net trade with United States in the exports of Machines ($5.91B), Instruments ($4.71B), and Chemical Products ($4.37B).

During 2019, United States had a large net trade with Netherlands in the exports of Mineral Products ($10.6B), Machines ($9.91B), and Chemical Products ($9.06B).

Tariff Section

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Tariffs

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

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

In 2018, the products from United States that paid the highest import tariffs to enter Netherlands were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

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

Service Trade

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Bilateral Service Trade

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Usa YearNld Year

In 2018, Netherlands exported services to United States worth $17.2B, with Other business services ($8.16B), Transportation ($3.28B), and Royalties and license fees ($1.6B) being the largest in terms of value.

In 2011, United States exported services to Netherlands worth $9.24B, with Royalties and license fees ($5.37B), Transportation ($1.66B), and Travel ($1.65B) 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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Year

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 United States. Similarly, the more red a dot/product is, the more United States has comparative advantage over Netherlands.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Latest Data

Netherlands Exports

United States Exports

Market Competitiveness

Comparative Advantage Netherlands - United States

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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