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Pricing

2023
Flag → Flag
Exports $1.33BRnk 46 / 224
2023
Flag → Flag
Top Product $313MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $8.24BRnk 11 / 142
2023
Flag → Flag
Top Product $1.33BBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 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$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Netherlands-Vietnam Trade: In 2023, Netherlands exported $1.33B to Vietnam. The main products that Netherlands exported to Vietnam were Planes, Helicopters, and/or Spacecraft ($313M), Gas Turbines ($110M), and Bulbs and Roots ($50.4M). Over the past 5 years the exports of Netherlands to Vietnam have increased at an annualized rate of 3.59%, from $1.11B in 2018 to $1.33B in 2023.

In 2023, Netherlands did not export any services to Vietnam.

Vietnam-Netherlands Trade: In 2023, Vietnam exported $8.24B to Netherlands. The main products that Vietnam exported to Netherlands were Broadcasting Equipment ($1.33B), Office Machine Parts ($1.12B), and Telephones ($407M). Over the past 5 years the exports of Vietnam to Netherlands have increased at an annualized rate of 4.55%,  from $6.6B in 2018 to $8.24B in 2023.

In 2023, Vietnam did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €177M and imported €691M from Vietnam, resulting in a negative trade balance of €514M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-54M (-23.4%) from €231M to €177M, while imports increased by €86M (14.2%) from €605M to €691M.

Trade In October 2024, the top exports of Netherlands to Vietnam were Undefined (€87M), Medicinal and pharmaceutical products, other than... (€4M), Heating and cooling equipment, and parts... (€4M), Feeding stuff for animals (not including... (€3M), and Crude vegetable materials, n.e.s. (€3M). In October 2024 the top imports of Netherlands from Vietnam were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€170M), Footwear (€57M), Electrical machinery and apparatus, n.e.s. (€47M), Office machines (€38M), and Television receivers (including video monitors and... (€30M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-54M(-23.4%)
IMPORT GROWTH (October 2023 - October 2024)€86M(14.2%)

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 Vietnam and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Vietnam and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $1.33B to Vietnam. The main products exported from Netherlands to Vietnam were Planes, Helicopters, and/or Spacecraft ($313M), Gas Turbines ($110M), and Bulbs and Roots ($50.4M). During the last 5 years the exports of Netherlands to Vietnam have increased at an annualized rate of 3.59%, from $1.11B in 2018 to $1.33B in 2023.

In 2018, Vietnam exported $8.24B to Netherlands. The main products exported from Vietnam to Netherlands were Broadcasting Equipment ($1.33B), Office Machine Parts ($1.12B), and Telephones ($407M). During the last 5 years the exports of Vietnam to Netherlands have increased at an annualized rate of 4.55%, from $6.6B in 2023 to $8.24B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Vietnam
Top DestinationUnited States$118B

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

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

In 2023, countries that imported more from Vietnam than Netherlands included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

Comparative Advantage Netherlands - Vietnam

Flow
Scale

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

During 2023, Netherlands had a large net trade with Vietnam in the exports of Machines ($415M), Transportation ($369M), and Chemical Products ($150M).

During 2018, Vietnam had a large net trade with Netherlands in the exports of Machines ($4.72B), Footwear and Headwear ($735M), and Textiles ($673M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Vietnam+$32.8MIntegrated Circuits
Top Product Potential Vietnam Netherlands+$462MTelephones

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 Vietnam. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Netherlands.

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

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