2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

India-Netherlands Trade: In 2022, India exported $17.6B to Netherlands. The main products that India exported to Netherlands were Refined Petroleum ($9.45B), Broadcasting Equipment ($722M), and Raw Aluminium ($716M). Over the past 5 years the exports of India to Netherlands have increased at an annualized rate of 28.1%, from $5.11B in 2017 to $17.6B in 2022.

In 2022, India did not export any services to Netherlands.

Netherlands-India Trade: In 2022, Netherlands exported $4.69B to India. The main products that Netherlands exported to India were Crude Petroleum ($593M), Scrap Iron ($238M), and Vaccines, blood, antisera, toxins and cultures ($160M). Over the past 5 years the exports of Netherlands to India have increased at an annualized rate of 13.5%,  from $2.48B in 2017 to $4.69B in 2022.

In 2020, Netherlands exported services to India worth $1.46B, with Computer and information services ($640M), Other business services ($337M), and Royalties and license fees ($245M) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $17.6B to Netherlands. The main products exported from India to Netherlands were Refined Petroleum ($9.45B), Broadcasting Equipment ($722M), and Raw Aluminium ($716M). During the last 5 years the exports of India to Netherlands have increased at an annualized rate of 28.1%, from $5.11B in 2017 to $17.6B in 2022.

In 2017, Netherlands exported $4.69B to India. The main products exported from Netherlands to India were Crude Petroleum ($593M), Scrap Iron ($238M), and Vaccines, blood, antisera, toxins and cultures ($160M). During the last 5 years the exports of Netherlands to India have increased at an annualized rate of 13.5%, from $2.48B in 2022 to $4.69B in 2017.

Exports from India (Flag) to Netherlands (Flag) (2022)

Exports from Netherlands (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from India than Netherlands included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

In 2022, countries that imported more from Netherlands than India included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

Difference in imports from Netherlands (Flag) and India (Flag) (2022)

Comparative Advantage India - Netherlands

Flow
Scale

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

During 2022, India had a large net trade with Netherlands in the exports of Mineral Products ($9.52B), Chemical Products ($1.78B), and Metals ($1.57B).

During 2017, Netherlands had a large net trade with India in the exports of Machines ($910M), Mineral Products ($866M), and Chemical Products ($863M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Netherlands+$269MTelephones
Top Product Potential Netherlands India+$650MCrude Petroleum

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, Netherlands exported services to India worth $1.46B, with Computer and information services ($640M), Other business services ($337M), and Royalties and license fees ($245M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Netherlands (Flag) (2022)

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