2023
Exports
$88.6MWorld Rnk 18 / 187
Flag Rnk 537 / 1216
2023
PRODUCT COMPLEXITY IN Electromagnets
1.1Rnk 144 / 1025
2023
Imports
$168MWorld Rnk 18 / 216
Flag Rnk 471 / 1214
2023
ECONOMIC COMPLEXITY of Netherlands
1.08Rnk 26 / 132

About

Exports In 2023, Netherlands exported $88.6M in Electromagnets, making it the 18th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 537th most exported product in Netherlands. The main destination of Electromagnets exports from Netherlands are: Germany ($20.5M), France ($10.3M), Switzerland ($6.68M), Spain ($5.39M), and United States ($4.87M).

The fastest growing export markets for Electromagnets of Netherlands between 2022 and 2023 were Switzerland ($4.1M), United States ($2.23M), and Germany ($1.57M).

Imports In 2023, Netherlands imported $168M in Electromagnets, becoming the 18th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 471st most imported product in Netherlands. Netherlands imports Electromagnets primarily from: China ($81.2M), Germany ($39.4M), United States ($9.96M), Belgium ($5.02M), and United Kingdom ($3.38M).

The fastest growing import markets in Electromagnets for Netherlands between 2022 and 2023 were Germany ($11.1M), United States ($3.65M), and Belgium ($1.36M).

COMPANIES In 2023, leading companies such as Schindler Elevators (20), Amazon (4), and GE RENEWABLES NORTH AMERICA LLC (1) were at the forefront of shipping Electromagnets from Netherlands to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$88.6M
IMPORTS (2023)$168M
NET TRADE (2023)-$79.1M

In 2023, Netherlands exported $88.6M in Electromagnets. The main destinations of Netherlands exports on Electromagnets were Germany ($20.5M), France ($10.3M), Switzerland ($6.68M), Spain ($5.39M), and United States ($4.87M).

In 2023, Netherlands imported $168M in Electromagnets, mainly from China ($81.2M), Germany ($39.4M), United States ($9.96M), Belgium ($5.02M), and United Kingdom ($3.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Netherlands WERE (2022 - 2023):
Switzerland$4.1M (159%)
United States$2.23M (84.5%)
Germany$1.57M (8.27%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Netherlands WERE (2022 - 2023):
France-$7.52M (-42.2%)
Belgium-$4.21M (-50.8%)
Israel-$1.53M (-90.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Netherlands's main exporting competitors in Electromagnets were:
China $5.34B
Germany $1.17B
Japan $974M
In 2023, Netherlands's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.8M
TOP IMPORT POTENTIALGermany+ $15.8M

Electromagnets’s highest export potential is Germany. With an export gap of $12.8M.   Electromagnets’s highest import potential is Germany with an import gap of $15.8M.

See methodology.

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