2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-Netherlands Trade: In 2022, Italy exported $19.7B to Netherlands. The main products that Italy exported to Netherlands were Vaccines, blood, antisera, toxins and cultures ($2.62B), Refined Petroleum ($1.11B), and Planes, Helicopters, and/or Spacecraft ($709M). Over the past 5 years the exports of Italy to Netherlands have increased at an annualized rate of 10.8%, from $11.8B in 2017 to $19.7B in 2022.

In 2020, Italy exported services to Netherlands worth $2.96B, with Other business services ($1.44B), Travel ($884M), and Communications services ($171M) being the largest in terms of value.

Netherlands-Italy Trade: In 2022, Netherlands exported $34.5B to Italy. The main products that Netherlands exported to Italy were Computers ($1.49B), Broadcasting Equipment ($1.43B), and Packaged Medicaments ($1.34B). Over the past 5 years the exports of Netherlands to Italy have increased at an annualized rate of 7.78%,  from $23.7B in 2017 to $34.5B in 2022.

In 2020, Netherlands exported services to Italy worth $5.96B, with Other business services ($1.96B), Transportation ($1.64B), and Royalties and license fees ($1.37B) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, Italy exported $19.7B to Netherlands. The main products exported from Italy to Netherlands were Vaccines, blood, antisera, toxins and cultures ($2.62B), Refined Petroleum ($1.11B), and Planes, Helicopters, and/or Spacecraft ($709M). During the last 5 years the exports of Italy to Netherlands have increased at an annualized rate of 10.8%, from $11.8B in 2017 to $19.7B in 2022.

In 2017, Netherlands exported $34.5B to Italy. The main products exported from Netherlands to Italy were Computers ($1.49B), Broadcasting Equipment ($1.43B), and Packaged Medicaments ($1.34B). During the last 5 years the exports of Netherlands to Italy have increased at an annualized rate of 7.78%, from $23.7B in 2022 to $34.5B in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Italy than Netherlands included United States ($68.2B), Switzerland ($27.8B), and Spain ($32.8B).

In 2022, countries that imported more from Netherlands than Italy included Belgium ($94.3B), Germany ($131B), and Chinese Taipei ($16B).

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

Comparative Advantage Italy - Netherlands

Flow
Scale

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

During 2022, Italy had a large net trade with Netherlands in the exports of Chemical Products ($4.68B), Machines ($3.78B), and Metals ($1.54B).

During 2017, Netherlands had a large net trade with Italy in the exports of Machines ($9.44B), Chemical Products ($5.76B), and Metals ($3.19B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Netherlands+$372MRefined Petroleum
Top Product Potential Netherlands Italy+$298MRefined 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, Italy exported services to Netherlands worth $2.96B, with Other business services ($1.44B), Travel ($884M), and Communications services ($171M) being the largest in terms of value.

In 2020, Netherlands exported services to Italy worth $5.96B, with Other business services ($1.96B), Transportation ($1.64B), and Royalties and license fees ($1.37B) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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