2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Canada-Netherlands Trade: In 2023, Canada exported $4.98B to Netherlands. The main products that Canada exported to Netherlands were Crude Petroleum ($1.22B), Iron Ore ($454M), and Radioactive Chemicals ($427M). Over the past 5 years the exports of Canada to Netherlands have increased at an annualized rate of 8.47%, from $3.32B in 2018 to $4.98B in 2023.

In 2020, Canada exported services to Netherlands worth $570M, with Transportation ($202M), Computer and information services ($114M), and Royalties and license fees ($74.6M) being the largest in terms of value.

Netherlands-Canada Trade: In 2023, Netherlands exported $3.23B to Canada. The main products that Netherlands exported to Canada were Refined Petroleum ($1.03B), Beer ($107M), and Gas Turbines ($87.9M). Over the past 5 years the exports of Netherlands to Canada have decreased at an annualized rate of 1.45%,  from $3.48B in 2018 to $3.23B in 2023.

In 2020, Netherlands exported services to Canada worth $3.07B, with Royalties and license fees ($1.08B), Other business services ($855M), and Computer and information services ($535M) being the largest in terms of value.

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $4.98B to Netherlands. The main products exported from Canada to Netherlands were Crude Petroleum ($1.22B), Iron Ore ($454M), and Radioactive Chemicals ($427M). During the last 5 years the exports of Canada to Netherlands have increased at an annualized rate of 8.47%, from $3.32B in 2018 to $4.98B in 2023.

In 2018, Netherlands exported $3.23B to Canada. The main products exported from Netherlands to Canada were Refined Petroleum ($1.03B), Beer ($107M), and Gas Turbines ($87.9M). During the last 5 years the exports of Netherlands to Canada have decreased at an annualized rate of 1.45%, from $3.48B in 2023 to $3.23B in 2018.

Exports from Canada (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from Canada than Netherlands included United States ($410B), China ($31.1B), and Japan ($13.4B).

In 2023, countries that imported more from Netherlands than Canada included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Netherlands

Flow
Scale

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

During 2023, Canada had a large net trade with Netherlands in the exports of Mineral Products ($1.97B), Metals ($720M), and Chemical Products ($628M).

During 2018, Netherlands had a large net trade with Canada in the exports of Mineral Products ($1.05B), Machines ($755M), and Chemical Products ($300M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Netherlands+$405MCrude Petroleum
Top Product Potential Netherlands Canada+$88.3MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Canada exported services to Netherlands worth $570M, with Transportation ($202M), Computer and information services ($114M), and Royalties and license fees ($74.6M) being the largest in terms of value.

In 2020, Netherlands exported services to Canada worth $3.07B, with Royalties and license fees ($1.08B), Other business services ($855M), and Computer and information services ($535M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Netherlands (Flag) (2020)

Services Exports from Netherlands (Flag) to Canada (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Netherlands. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Netherlands (Flag) (2023)

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