2023
Exports
$1.55BWorld Rnk 24 / 223
Flag Rnk 67 / 1216
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$3.18BWorld Rnk 11 / 225
Flag Rnk 27 / 1214
2023
ECONOMIC COMPLEXITY of Netherlands
1.08Rnk 26 / 132

About

Exports In 2023, Netherlands exported $1.55B in Insulated Wire, making it the 24th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 67th most exported product in Netherlands. The main destination of Insulated Wire exports from Netherlands are: France ($213M), Belgium ($167M), Germany ($140M), Poland ($120M), and Spain ($119M).

The fastest growing export markets for Insulated Wire of Netherlands between 2022 and 2023 were Spain ($55.2M), Poland ($37.6M), and Belgium ($28.5M).

Imports In 2023, Netherlands imported $3.18B in Insulated Wire, becoming the 11th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 27th most imported product in Netherlands. Netherlands imports Insulated Wire primarily from: Germany ($626M), China ($477M), United States ($250M), Belgium ($235M), and Italy ($172M).

The fastest growing import markets in Insulated Wire for Netherlands between 2022 and 2023 were Greece ($56.6M), Belgium ($39.5M), and Turkey ($25.6M).

COMPANIES In 2023, leading companies such as Schindler Elevators (8), Victaulic (2), and ABB Motors and Mechanical (2) were at the forefront of shipping Insulated Wire 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 Insulated Wire. 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)$1.55B
IMPORTS (2023)$3.18B
NET TRADE (2023)-$1.63B

In 2023, Netherlands exported $1.55B in Insulated Wire. The main destinations of Netherlands exports on Insulated Wire were France ($213M), Belgium ($167M), Germany ($140M), Poland ($120M), and Spain ($119M).

In 2023, Netherlands imported $3.18B in Insulated Wire, mainly from Germany ($626M), China ($477M), United States ($250M), Belgium ($235M), and Italy ($172M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Netherlands WERE (2022 - 2023):
Spain$55.2M (86.8%)
Poland$37.6M (45.5%)
Belgium$28.5M (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Netherlands WERE (2022 - 2023):
Sweden-$24.2M (-35%)
Saudi Arabia-$16.5M (-52.2%)
India-$13M (-70.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Netherlands's main exporting competitors in Insulated Wire were:
In 2023, Netherlands's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $184M
TOP IMPORT POTENTIALGermany+ $218M

Insulated Wire’s highest export potential is Germany. With an export gap of $184M.   Insulated Wire’s highest import potential is Germany with an import gap of $218M.

See methodology.

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