2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 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
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Netherlands-Saudi Arabia Trade: In 2023, Netherlands exported $3.5B to Saudi Arabia. The main products that Netherlands exported to Saudi Arabia were Refined Petroleum ($540M), Other Sea Vessels ($217M), and Other Frozen Vegetables ($162M). Over the past 5 years the exports of Netherlands to Saudi Arabia have increased at an annualized rate of 2.17%, from $3.14B in 2018 to $3.5B in 2023.

In 2023, Netherlands did not export any services to Saudi Arabia.

Saudi Arabia-Netherlands Trade: In 2023, Saudi Arabia exported $4.05B to Netherlands. The main products that Saudi Arabia exported to Netherlands were Crude Petroleum ($2.63B), Refined Petroleum ($661M), and Gas Turbines ($102M). Over the past 5 years the exports of Saudi Arabia to Netherlands have increased at an annualized rate of 2.92%,  from $2.87B in 2018 to $4.05B in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $3.5B to Saudi Arabia. The main products exported from Netherlands to Saudi Arabia were Refined Petroleum ($540M), Other Sea Vessels ($217M), and Other Frozen Vegetables ($162M). During the last 5 years the exports of Netherlands to Saudi Arabia have increased at an annualized rate of 2.17%, from $3.14B in 2018 to $3.5B in 2023.

In 2018, Saudi Arabia exported $4.05B to Netherlands. The main products exported from Saudi Arabia to Netherlands were Crude Petroleum ($2.63B), Refined Petroleum ($661M), and Gas Turbines ($102M). During the last 5 years the exports of Saudi Arabia to Netherlands have increased at an annualized rate of 2.92%, from $2.87B in 2023 to $4.05B in 2018.

Exports from Netherlands (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Saudi Arabia
Top Destination
China$64.4B

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

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

In 2023, countries that imported more from Saudi Arabia than Netherlands included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Saudi Arabia

Flow
Scale

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

During 2023, Netherlands had a large net trade with Saudi Arabia in the exports of Machines ($760M), Mineral Products ($662M), and Chemical Products ($458M).

During 2018, Saudi Arabia had a large net trade with Netherlands in the exports of Mineral Products ($3.32B), Chemical Products ($251M), and Machines ($128M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Saudi Arabia+$104MRefined Petroleum
Top Product Potential Saudi Arabia Netherlands+$683MCrude 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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Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and Saudi Arabia (Flag) (2023)

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