Russia (RUS) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Russia (RUS) and Netherlands (NLD) Trade

2021

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Exports $39BRnk 2 / 192

2021

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About

Russia-Netherlands In 2021, Russia exported $39B to Netherlands. The main products that Russia exported to Netherlands are 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.

Netherlands-Russia In 2021, Netherlands exported $7.6B to Russia. The main products that Netherlands exported 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 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.

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

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $4.8B and imported $252M from Netherlands, resulting in a positive trade balance of $4.55B. Between January 2021 and January 2022 the exports of Russia have increased by $2.83B (143%) from $1.97B to $4.8B, while imports increased by $46.1M (22.4%) from $206M to $252M.

Trade In January 2022, the top exports of Russia to Netherlands were Crude Petroleum ($885M), Refined Petroleum ($747M), Commodities not elsewhere specified ($92.6M), Raw Aluminium ($37.6M), and Petroleum Gas ($36.4M). In January 2022 the top imports of Russia from Netherlands were Tractors ($16.5M), Vaccines, blood, antisera, toxins and cultures ($13.7M), Polyacetals ($8.59M), Packaged Medicaments ($7.97M), and Scrap Copper ($6.91M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($1.26B), MURMANSK REGION ($997M), KRASNOYARSK TERRITORY ($755M), KHANTY-MANSIYSK AUTONOMOUS AREA ($420M), and ST. PETERSBURG ($311M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($90.6M), MOSCOW REGION ($62.2M), ST. PETERSBURG ($14.7M), BELGOROD REGION ($10.6M), and KALUGA REGION ($9.79M).

Growth In January 2022, the increase in Russia's year-by-year exports to Netherlands was explained primarily by an increase in product exports in Raw Aluminium ($6.77M or 22%), Petroleum Gas ($3.7M or 11.3%), and Plywood ($2.02M or 53.2%). In January 2022, the increase in Russia's year-by-year imports from Netherlands was explained primarily by an increase in product imports in Vaccines, blood, antisera, toxins and cultures ($8.21M or 150%), Packaged Medicaments ($4.98M or 167%), and Tractors ($4.78M or 41%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2021 - January 2022)$2.83B(143%)

IMPORT GROWTH (January 2021 - January 2022)$46.1M(22.4%)

MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$1.26B

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Netherlands and Russia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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.

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.

Exports from Russia () to Netherlands () (2021)

Exports from Netherlands () to Russia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$70.9B

Netherlands
Top DestinationGermany$129B

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

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

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

Difference in imports from Netherlands () and Russia () (2021)

Comparative Advantage Russia - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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).

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

Service Trade

Bilateral Service Trade

Nld Year

Rus Year

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.

Services Exports from Russia () to Netherlands () (2020)

Services Exports from Netherlands () to Russia () (2020)

Economic Complexity

Competitive Landscape

Year

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

Product Space of Russia () and Netherlands () (2021)

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