2023
Exports
$490MWorld Rnk 4 / 97
Flag Rnk 222 / 1216
2023
PRODUCT COMPLEXITY IN Nitrile Compounds
1.01Rnk 172 / 1025
2023
Imports
$272MWorld Rnk 8 / 172
Flag Rnk 369 / 1214
2023
ECONOMIC COMPLEXITY of Netherlands
1.08Rnk 26 / 132

About

Exports In 2023, Netherlands exported $490M in Nitrile Compounds, making it the 4th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 222nd most exported product in Netherlands. The main destination of Nitrile Compounds exports from Netherlands are: France ($226M), Germany ($66.9M), Italy ($55.9M), Belgium ($38.3M), and Hungary ($22.6M).

The fastest growing export markets for Nitrile Compounds of Netherlands between 2022 and 2023 were Italy ($8.47M), Belgium ($7.25M), and Spain ($6.2M).

Imports In 2023, Netherlands imported $272M in Nitrile Compounds, becoming the 8th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 369th most imported product in Netherlands. Netherlands imports Nitrile Compounds primarily from: South Korea ($84.4M), France ($64.5M), Germany ($52.5M), United States ($25.4M), and China ($21.9M).

The fastest growing import markets in Nitrile Compounds for Netherlands between 2022 and 2023 were Russia ($6.93M), Italy ($448k), and Uruguay ($37k).

COMPANIES In 2023, leading companies such as Mercedes-Benz (6) were at the forefront of shipping Nitrile Compounds from Netherlands to the United States.

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 Nitrile Compounds. 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)$490M
IMPORTS (2023)$272M
NET TRADE (2023)$218M

In 2023, Netherlands exported $490M in Nitrile Compounds. The main destinations of Netherlands exports on Nitrile Compounds were France ($226M), Germany ($66.9M), Italy ($55.9M), Belgium ($38.3M), and Hungary ($22.6M).

In 2023, Netherlands imported $272M in Nitrile Compounds, mainly from South Korea ($84.4M), France ($64.5M), Germany ($52.5M), United States ($25.4M), and China ($21.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Netherlands WERE (2022 - 2023):
Italy$8.47M (17.9%)
Belgium$7.25M (23.4%)
Spain$6.2M (63.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Netherlands WERE (2022 - 2023):
Hungary-$41.2M (-64.6%)
Germany-$22.7M (-25.3%)
China-$21.3M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Netherlands's main exporting competitors in Nitrile Compounds were:
In 2023, Netherlands's main importing competitors in Nitrile Compounds were:
India $547M
China $407M

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $11.2M
TOP IMPORT POTENTIALGermany+ $20.1M

Nitrile Compounds’s highest export potential is Belgium. With an export gap of $11.2M.   Nitrile Compounds’s highest import potential is Germany with an import gap of $20.1M.

See methodology.

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