2023
Exports
$266MWorld Rnk 7 / 183
Flag Rnk 333 / 1216
2023
PRODUCT COMPLEXITY IN Compasses
0.63Rnk 316 / 1025
2023
Imports
$458MWorld Rnk 5 / 217
Flag Rnk 260 / 1214
2023
ECONOMIC COMPLEXITY of Netherlands
1.08Rnk 26 / 132

About

Exports In 2023, Netherlands exported $266M in Compasses, making it the 7th largest exporter of Compasses in the world. At the same year, Compasses was the 333rd most exported product in Netherlands. The main destination of Compasses exports from Netherlands are: Mexico ($30.3M), Italy ($25.9M), France ($24.8M), Morocco ($23M), and Denmark ($22.4M).

The fastest growing export markets for Compasses of Netherlands between 2022 and 2023 were Mexico ($15.8M), Denmark ($8.45M), and Morocco ($6.23M).

Imports In 2023, Netherlands imported $458M in Compasses, becoming the 5th largest importer of Compasses in the world. At the same year, Compasses was the 260th most imported product in Netherlands. Netherlands imports Compasses primarily from: United States ($106M), United Kingdom ($66.6M), Australia ($38.4M), Japan ($29.7M), and Germany ($28M).

The fastest growing import markets in Compasses for Netherlands between 2022 and 2023 were Australia ($15.2M), Morocco ($12.9M), and United States ($11.2M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Compasses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$266M
IMPORTS (2023)$458M
NET TRADE (2023)-$193M

In 2023, Netherlands exported $266M in Compasses. The main destinations of Netherlands exports on Compasses were Mexico ($30.3M), Italy ($25.9M), France ($24.8M), Morocco ($23M), and Denmark ($22.4M).

In 2023, Netherlands imported $458M in Compasses, mainly from United States ($106M), United Kingdom ($66.6M), Australia ($38.4M), Japan ($29.7M), and Germany ($28M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Netherlands WERE (2022 - 2023):
Mexico$15.8M (109%)
Denmark$8.45M (60.8%)
Morocco$6.23M (37.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Netherlands WERE (2022 - 2023):
Spain-$5.7M (-52.1%)
Germany-$4.31M (-33.1%)
Saudi Arabia-$4.17M (-95.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Netherlands's main exporting competitors in Compasses were:
In 2023, Netherlands's main importing competitors in Compasses were:

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.1M
TOP IMPORT POTENTIALGermany+ $10.7M

Compasses’s highest export potential is Germany. With an export gap of $12.1M.   Compasses’s highest import potential is Germany with an import gap of $10.7M.

See methodology.

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