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2022
Flag → Flag
Exports $5.27BRnk 23 / 224
2022
Flag → Flag
Top Product $332MRefined Petroleum
2022
Flag → Flag
Exports $3.39BRnk 7 / 208
2022
Flag → Flag
Top Product $369MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Netherlands-Portugal Trade: In 2022, Netherlands exported $5.27B to Portugal. The main products that Netherlands exported to Portugal were Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). Over the past 5 years the exports of Netherlands to Portugal have increased at an annualized rate of 4.61%, from $4.2B in 2017 to $5.27B in 2022.

In 2020, Netherlands exported services to Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) being the largest in terms of value.

Portugal-Netherlands Trade: In 2022, Portugal exported $3.39B to Netherlands. The main products that Portugal exported to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). Over the past 5 years the exports of Portugal to Netherlands have increased at an annualized rate of 5.84%,  from $2.55B in 2017 to $3.39B in 2022.

In 2020, Portugal exported services to Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Latest Trends

August, 2024

About

Overview In August 2024, Netherlands exported €458M and imported €161M from Portugal, resulting in a positive trade balance of €297M. Between August 2023 and August 2024 the exports of Netherlands have increased by €45M (10.9%) from €413M to €458M, while imports decreased by €-13M (-7.47%) from €174M to €161M.

Trade In August 2024, the top exports of Netherlands to Portugal were Undefined (€88M), Petroleum oils and oils obtained from... (€20M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€19M), Medicaments (including veterinary medicaments) (€14M), and Meat of bovine animals, fresh, chilled... (€11M). In August 2024 the top imports of Netherlands from Portugal were Petroleum oils and oils obtained from... (€37M), Footwear (€25M), Pulp and waste paper (€13M), Paper and paperboard (€13M), and Articles of apparel, of textile fabrics,... (€11M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€45M(10.9%)
IMPORT GROWTH (August 2023 - August 2024)€-13M(-7.47%)

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 Portugal and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Portugal and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $5.27B to Portugal. The main products exported from Netherlands to Portugal were Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). During the last 5 years the exports of Netherlands to Portugal have increased at an annualized rate of 4.61%, from $4.2B in 2017 to $5.27B in 2022.

In 2017, Portugal exported $3.39B to Netherlands. The main products exported from Portugal to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). During the last 5 years the exports of Portugal to Netherlands have increased at an annualized rate of 5.84%, from $2.55B in 2022 to $3.39B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Netherlands included Angola ($1.59B), Cape Verde ($407M), and Mozambique ($262M).

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

Comparative Advantage Netherlands - Portugal

Flow
Scale

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

During 2022, Netherlands had a large net trade with Portugal in the exports of Machines ($1.21B), Chemical Products ($970M), and Animal Products ($481M).

During 2017, Portugal had a large net trade with Netherlands in the exports of Mineral Products ($566M), Footwear and Headwear ($325M), and Textiles ($312M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Portugal+$103MRefined Petroleum
Top Product Potential Portugal Netherlands+$82.1MRefined 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 Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) being the largest in terms of value.

In 2020, Portugal exported services to Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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