HS Icon Machinery Having Individual Functions in  Flag Netherlands

2020
Exports | Imports
: $5.12B | $3.79B, World Rnk 7 / 216
Flag Rnk 13 / 1214 | World Rnk 8 / 225
Flag Rnk 17 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $357M | $232M, United States |  United States

2020
ECONOMIC COMPLEXITY of Netherlands
: 1.13, Rnk 22 / 127

2020
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 1.95, Rnk 10 / 1029

Exports In 2020, Netherlands exported $5.12B in Machinery Having Individual Functions, making it the 7th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 13th most exported product in Netherlands. The main destination of Machinery Having Individual Functions exports from Netherlands are: United States ($1.24B), Chinese Taipei ($864M), South Korea ($580M), Germany ($399M), and China ($316M).

The fastest growing export markets for Machinery Having Individual Functions of Netherlands between 2019 and 2020 were United States ($357M), South Korea ($96.6M), and Japan ($44M).

Imports In 2020, Netherlands imported $3.79B in Machinery Having Individual Functions, becoming the 8th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 17th most imported product in Netherlands. Netherlands imports Machinery Having Individual Functions primarily from: United States ($1.14B), Germany ($971M), Chinese Taipei ($369M), China ($162M), and Japan ($140M).

The fastest growing import markets in Machinery Having Individual Functions for Netherlands between 2019 and 2020 were United States ($232M), Chinese Taipei ($80.2M), and Germany ($52.5M).

Tariffs In 2019, the average tariff for Netherlands in Machinery Having Individual Functions was 0.5%. The countries with the highest import tariffs for Machinery Having Individual Functions were Republic of the Congo (Most Favoured Nation duty rate treatement, 1.38%), Western Sahara (Most Favoured Nation duty rate treatement, 1.38%), Gabon (Most Favoured Nation duty rate treatement, 1.38%), Libya (Most Favoured Nation duty rate treatement, 1.38%), and Mayotte (Most Favoured Nation duty rate treatement, 1.38%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Machinery Having Individual Functions. 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

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EXPORTS (2020): $5.12B

IMPORTS (2020): $3.79B

NET TRADE (2020): $1.33B

In 2020, Netherlands exported $5.12B in Machinery Having Individual Functions. The main destinations of Netherlands exports on Machinery Having Individual Functions were United States ($1.24B), Chinese Taipei ($864M), South Korea ($580M), Germany ($399M), and China ($316M).

In 2020, Netherlands imported $3.79B in Machinery Having Individual Functions, mainly from United States ($1.14B), Germany ($971M), Chinese Taipei ($369M), China ($162M), and Japan ($140M).

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THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Netherlands WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Netherlands WERE (2019 - 2020):

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Market Concentration

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In 2020, Netherlands's main exporting competitors in Machinery Having Individual Functions were:

In 2020, Netherlands's main importing competitors in Machinery Having Individual Functions were:

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