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2023
Flag → Flag
Exports $1.81BRnk 38 / 224
2023
Flag → Flag
Top Product $235MRefined Petroleum
2023
Flag → Flag
Exports $1.83BRnk 19 / 158
2023
Flag → Flag
Top Product $573MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 25 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH22.9%CURRENT US$
Rnk 94 / 195

About

Netherlands-Mexico Trade: In 2023, Netherlands exported $1.81B to Mexico. The main products that Netherlands exported to Mexico were Refined Petroleum ($235M), Hot-Rolled Iron ($68.8M), and Tractors ($54.3M). Over the past 5 years the exports of Netherlands to Mexico have decreased at an annualized rate of 6.13%, from $2.48B in 2018 to $1.81B in 2023.

In 2020, Netherlands exported services to Mexico worth $1.67B, with Royalties and license fees ($1.22B), Other business services ($246M), and Transportation ($98.7M) being the largest in terms of value.

Mexico-Netherlands Trade: In 2023, Mexico exported $1.83B to Netherlands. The main products that Mexico exported to Netherlands were Broadcasting Equipment ($573M), Office Machine Parts ($122M), and Orthopedic Appliances ($113M). Over the past 5 years the exports of Mexico to Netherlands have decreased at an annualized rate of 7.77%,  from $2.74B in 2018 to $1.83B in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €306M and imported €189M from Mexico, resulting in a positive trade balance of €117M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-31M (-9.2%) from €337M to €306M, while imports increased by €45M (31.3%) from €144M to €189M.

Trade In October 2024, the top exports of Netherlands to Mexico were Undefined (€106M), Ingots and other primary forms, of... (€63M), Crude vegetable materials, n.e.s. (€30M), Medicinal and pharmaceutical products, other than... (€12M), and Carboxylic acids and their anhydrides, halides,... (€8M). In October 2024 the top imports of Netherlands from Mexico were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€35M), Undefined (€30M), Automatic data-processing machines and units thereof;... (€15M), Miscellaneous manufactured articles, n.e.s. (€9M), and Electrical machinery and apparatus, n.e.s. (€4M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-31M(-9.2%)
IMPORT GROWTH (October 2023 - October 2024)€45M(31.3%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Mexico and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mexico and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $1.81B to Mexico. The main products exported from Netherlands to Mexico were Refined Petroleum ($235M), Hot-Rolled Iron ($68.8M), and Tractors ($54.3M). During the last 5 years the exports of Netherlands to Mexico have decreased at an annualized rate of 6.13%, from $2.48B in 2018 to $1.81B in 2023.

In 2018, Mexico exported $1.83B to Netherlands. The main products exported from Mexico to Netherlands were Broadcasting Equipment ($573M), Office Machine Parts ($122M), and Orthopedic Appliances ($113M). During the last 5 years the exports of Mexico to Netherlands have decreased at an annualized rate of 7.77%, from $2.74B in 2023 to $1.83B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Mexico
Top DestinationUnited States$456B

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

In 2023, countries that imported more from Netherlands than Mexico included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Mexico than Netherlands included United States ($456B), Canada ($33B), and Guatemala ($3.2B).

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

Comparative Advantage Netherlands - Mexico

Flow
Scale

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

During 2023, Netherlands had a large net trade with Mexico in the exports of Machines ($293M), Chemical Products ($292M), and Metals ($257M).

During 2018, Mexico had a large net trade with Netherlands in the exports of Machines ($1.18B), Instruments ($212M), and Foodstuffs ($79.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Mexico+$351MRefined Petroleum
Top Product Potential Mexico Netherlands+$251MComputers

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 Mexico. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Netherlands.

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

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