2022
Exports
$68.1BWorld Rnk 3 / 214
Flag Rnk 1 / 1216
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$51.1BWorld Rnk 3 / 225
Flag Rnk 2 / 1214
2022
ECONOMIC COMPLEXITY of Netherlands
1.11Rnk 23 / 133

About

Exports In 2022, Netherlands exported $68.1B in Refined Petroleum, making it the 3rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Netherlands. The main destination of Refined Petroleum exports from Netherlands are: Germany ($16.6B), Belgium ($10B), Nigeria ($5.61B), United States ($4.62B), and United Kingdom ($4.26B).

The fastest growing export markets for Refined Petroleum of Netherlands between 2021 and 2022 were Germany ($6.89B), Belgium ($3.42B), and Nigeria ($1.99B).

Imports In 2022, Netherlands imported $51.1B in Refined Petroleum, becoming the 3rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Netherlands. Netherlands imports Refined Petroleum primarily from: India ($9.45B), Belgium ($6.84B), United Kingdom ($3.56B), Germany ($3.49B), and United States ($3.1B).

The fastest growing import markets in Refined Petroleum for Netherlands between 2021 and 2022 were India ($6.53B), China ($2.36B), and Belgium ($2.11B).

COMPANIES In 2023, leading companies such as Mercedes-Benz (12), YAMAHA CORPORATION OF AMERICA (2), and ZF Friedrichshafen (2) were at the forefront of shipping Refined Petroleum from Netherlands to the United States.

Latest Trends

Aug 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 Refined Petroleum. 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 (2022)$68.1B
IMPORTS (2022)$51.1B
NET TRADE (2022)$17B

In 2022, Netherlands exported $68.1B in Refined Petroleum. The main destinations of Netherlands exports on Refined Petroleum were Germany ($16.6B), Belgium ($10B), Nigeria ($5.61B), United States ($4.62B), and United Kingdom ($4.26B).

In 2022, Netherlands imported $51.1B in Refined Petroleum, mainly from India ($9.45B), Belgium ($6.84B), United Kingdom ($3.56B), Germany ($3.49B), and United States ($3.1B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Netherlands WERE (2021 - 2022):
Germany$6.89B (71%)
Belgium$3.42B (51.8%)
Nigeria$1.99B (55.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Netherlands WERE (2021 - 2022):
Togo-$594M (-57.6%)
Singapore-$273M (-58.3%)
Nicaragua-$243M (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Netherlands's main exporting competitors in Refined Petroleum were:
In 2022, Netherlands's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $1.42B
TOP IMPORT POTENTIALRussia+ $1.52B

Refined Petroleum’s highest export potential is Belgium. With an export gap of $1.42B.   Refined Petroleum’s highest import potential is Russia with an import gap of $1.52B.

See methodology.

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