2022
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GDP
$991BCURRENT US$
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2012-2022
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GDP GROWTH
18.1%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Netherlands-Spain Trade: In 2022, Netherlands exported $22.1B to Spain. The main products that Netherlands exported to Spain were Refined Petroleum ($1.46B), Industrial Fatty Acids, Oils and Alcohols ($814M), and Vaccines, blood, antisera, toxins and cultures ($683M). Over the past 5 years the exports of Netherlands to Spain have increased at an annualized rate of 7.95%, from $15.1B in 2017 to $22.1B in 2022.

In 2020, Netherlands exported services to Spain worth $4.33B, with Other business services ($1.5B), Royalties and license fees ($1.02B), and Transportation ($951M) being the largest in terms of value.

Spain-Netherlands Trade: In 2022, Spain exported $14.9B to Netherlands. The main products that Spain exported to Netherlands were Refined Petroleum ($2.3B), Industrial Fatty Acids, Oils and Alcohols ($792M), and Cars ($473M). Over the past 5 years the exports of Spain to Netherlands have increased at an annualized rate of 6.77%,  from $10.7B in 2017 to $14.9B in 2022.

In 2020, Spain exported services to Netherlands worth $970M, with Travel ($970M) 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $22.1B to Spain. The main products exported from Netherlands to Spain were Refined Petroleum ($1.46B), Industrial Fatty Acids, Oils and Alcohols ($814M), and Vaccines, blood, antisera, toxins and cultures ($683M). During the last 5 years the exports of Netherlands to Spain have increased at an annualized rate of 7.95%, from $15.1B in 2017 to $22.1B in 2022.

In 2017, Spain exported $14.9B to Netherlands. The main products exported from Spain to Netherlands were Refined Petroleum ($2.3B), Industrial Fatty Acids, Oils and Alcohols ($792M), and Cars ($473M). During the last 5 years the exports of Spain to Netherlands have increased at an annualized rate of 6.77%, from $10.7B in 2022 to $14.9B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from Netherlands than Spain included Germany ($131B), Belgium ($94.3B), and United Kingdom ($38.2B).

In 2022, countries that imported more from Spain than Netherlands included Portugal ($34.9B), Morocco ($12.1B), and France ($65.2B).

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

Comparative Advantage Netherlands - Spain

Flow
Scale

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

During 2022, Netherlands had a large net trade with Spain in the exports of Machines ($4.46B), Chemical Products ($4.34B), and Mineral Products ($1.96B).

During 2017, Spain had a large net trade with Netherlands in the exports of Mineral Products ($3.08B), Chemical Products ($2.62B), and Vegetable Products ($1.65B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Spain+$256MRefined Petroleum
Top Product Potential Spain Netherlands+$271MCars

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 Spain worth $4.33B, with Other business services ($1.5B), Royalties and license fees ($1.02B), and Transportation ($951M) being the largest in terms of value.

In 2020, Spain exported services to Netherlands worth $970M, with Travel ($970M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Spain (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 Spain. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Netherlands.

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

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