2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195

About

Netherlands-China Trade: In 2023, Netherlands exported $18B to China. The main products that Netherlands exported to China were Machinery Having Individual Functions ($7.41B), Malt Extract ($1.77B), and Packaged Medicaments ($597M). Over the past 5 years the exports of Netherlands to China have increased at an annualized rate of 7.12%, from $12.7B in 2018 to $18B in 2023.

In 2020, Netherlands exported services to China worth $3.8B, with Royalties and license fees ($1.56B), Computer and information services ($850M), and Transportation ($593M) being the largest in terms of value.

China-Netherlands Trade: In 2023, China exported $64.1B to Netherlands. The main products that China exported to Netherlands were Broadcasting Equipment ($6.32B), Computers ($4.45B), and Electric Batteries ($3.74B). Over the past 5 years the exports of China to Netherlands have increased at an annualized rate of 2.78%,  from $50.1B in 2018 to $64.1B in 2023.

In 2023, China did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $18B to China. The main products exported from Netherlands to China were Machinery Having Individual Functions ($7.41B), Malt Extract ($1.77B), and Packaged Medicaments ($597M). During the last 5 years the exports of Netherlands to China have increased at an annualized rate of 7.12%, from $12.7B in 2018 to $18B in 2023.

In 2018, China exported $64.1B to Netherlands. The main products exported from China to Netherlands were Broadcasting Equipment ($6.32B), Computers ($4.45B), and Electric Batteries ($3.74B). During the last 5 years the exports of China to Netherlands have increased at an annualized rate of 2.78%, from $50.1B in 2023 to $64.1B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
China
Top Destination
United States$436B

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

In 2023, countries that imported more from Netherlands than China included Belgium ($87B), France ($67.3B), and Sweden ($17.6B).

In 2023, countries that imported more from China than Netherlands included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Netherlands - China

Flow
Scale

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

During 2023, Netherlands had a large net trade with China in the exports of Machines ($9.5B), Foodstuffs ($2.25B), and Instruments ($1.49B).

During 2018, China had a large net trade with Netherlands in the exports of Machines ($34.6B), Chemical Products ($5.71B), and Miscellaneous ($4.78B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands China+$467MIntegrated Circuits
Top Product Potential China Netherlands+$547MIntegrated Circuits

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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Economic Complexity

Competitive Landscape

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

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

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