2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Netherlands-Canada Trade: In 2022, Netherlands exported $4.56B to Canada. The main products that Netherlands exported to Canada were Refined Petroleum ($1.89B), Vaccines, blood, antisera, toxins and cultures ($182M), and Packaged Medicaments ($132M). Over the past 5 years the exports of Netherlands to Canada have increased at an annualized rate of 7.12%, from $3.23B in 2017 to $4.56B in 2022.

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.

Canada-Netherlands Trade: In 2022, Canada exported $4.94B to Netherlands. The main products that Canada exported to Netherlands were Iron Ore ($799M), Packaged Medicaments ($604M), and Radioactive Chemicals ($349M). Over the past 5 years the exports of Canada to Netherlands have increased at an annualized rate of 15.2%,  from $2.43B in 2017 to $4.94B in 2022.

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.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $4.56B to Canada. The main products exported from Netherlands to Canada were Refined Petroleum ($1.89B), Vaccines, blood, antisera, toxins and cultures ($182M), and Packaged Medicaments ($132M). During the last 5 years the exports of Netherlands to Canada have increased at an annualized rate of 7.12%, from $3.23B in 2017 to $4.56B in 2022.

In 2017, Canada exported $4.94B to Netherlands. The main products exported from Canada to Netherlands were Iron Ore ($799M), Packaged Medicaments ($604M), and Radioactive Chemicals ($349M). During the last 5 years the exports of Canada to Netherlands have increased at an annualized rate of 15.2%, from $2.43B in 2022 to $4.94B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Canada
Top Destination
United States$438B

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

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

In 2022, countries that imported more from Canada than Netherlands included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Netherlands - Canada

Flow
Scale

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

During 2022, Netherlands had a large net trade with Canada in the exports of Mineral Products ($1.97B), Machines ($713M), and Chemical Products ($555M).

During 2017, Canada had a large net trade with Netherlands in the exports of Mineral Products ($1.53B), Chemical Products ($1.2B), and Metals ($604M).

Potential Exports

Potential Exports

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

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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