HS Icon Machinery Having Individual Functions in  Flag Netherlands

2019
Exports | Imports
: $5B | $3.48B, World Rnk 8 / 222
Flag Rnk 15 / 1215 | World Rnk 8 / 224
Flag Rnk 20 / 1212

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $434M | $57.6M, Chinese Taipei |  Finland

2019
ECONOMIC COMPLEXITY of Netherlands
: 1.2, Rnk 22 / 147

2019
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 2.05, Rnk 8 / 1029

Exports In 2019, Netherlands exported $5B in Machinery Having Individual Functions, making it the 8th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 15th most exported product in Netherlands. The main destination of Machinery Having Individual Functions exports from Netherlands are: Chinese Taipei ($1.12B), United States ($889M), South Korea ($487M), Germany ($382M), and China ($331M).

The fastest growing export markets for Machinery Having Individual Functions of Netherlands between 2018 and 2019 were Chinese Taipei ($434M), Turkmenistan ($43.3M), and China ($37.4M).

Imports In 2019, Netherlands imported $3.48B 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 20th most imported product in Netherlands. Netherlands imports Machinery Having Individual Functions primarily from: Germany ($918M), United States ($906M), Chinese Taipei ($289M), South Korea ($177M), and Japan ($149M).

The fastest growing import markets in Machinery Having Individual Functions for Netherlands between 2018 and 2019 were Finland ($57.6M), Chinese Taipei ($55.7M), and Germany ($26.5M).

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%).

Historical Data

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EXPORTS (2019): $5B

IMPORTS (2019): $3.48B

NET TRADE (2019): $1.52B

In 2019, Netherlands exported $5B in Machinery Having Individual Functions. The main destinations of Netherlands exports on Machinery Having Individual Functions were Chinese Taipei ($1.12B), United States ($889M), South Korea ($487M), Germany ($382M), and China ($331M).

In 2019, Netherlands imported $3.48B in Machinery Having Individual Functions, mainly from Germany ($918M), United States ($906M), Chinese Taipei ($289M), South Korea ($177M), and Japan ($149M).

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IN 2019, Netherlands HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2019, Netherlands HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

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THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Netherlands WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Netherlands WERE (2018 - 2019):

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Market Concentration

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In 2019, Netherlands's main exporting competitors in Machinery Having Individual Functions were:

In 2019, Netherlands's main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 2019, the average tariff for Netherlands in Machinery Having Individual Functions was 0.5%.

The countries with the highest tariffs for Machinery Having Individual Functions in Netherlands 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%).