About

Overview In 2023, Netherlands was the number 17 economy in the world in terms of GDP (current US$), the number 9 in total exports, the number 8 in total imports, the number 17 economy in terms of GDP per capita (current US$) and the number 26 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Netherlands are Refined Petroleum ($55.6B), Vaccines, blood, antisera, toxins and cultures ($25.1B), Machinery Having Individual Functions ($24.2B), Crude Petroleum ($21.6B), and Broadcasting Equipment ($16.6B), exporting mostly to Germany ($96.9B), Belgium ($87B), France ($67.3B), Italy ($38.1B), and United States ($33.1B).

In 2023, Netherlands was the world's biggest exporter of Other live plants, cuttings and slips; mushroom spawn ($4.45B), Cut Flowers ($4.08B), Coal Tar Oil ($3.56B), Malt Extract ($3.27B), and Cocoa Butter ($1.74B)

Imports The top imports of Netherlands are Crude Petroleum ($54.2B), Refined Petroleum ($35.3B), Broadcasting Equipment ($21.9B), Cars ($17.9B), and Petroleum Gas ($17.5B), importing mostly from Germany ($108B), Belgium ($67.3B), China ($64.1B), United States ($63.7B), and United Kingdom ($29.8B).

In 2023, Netherlands was the world's biggest importer of Coal Tar Oil ($5.75B), Inedible Fats and Oils ($2.21B), Cocoa Beans ($2.21B), Alcohol > 80% ABV ($1.92B), and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($1.66B)

Location Netherlands borders Belgium and Germany by land and Saint Kitts and Nevis, United Kingdom, Venezuela, and Anguilla by sea.

Latest Trends

October, 2024

Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Refined Petroleum$55.6B
Top Destination (2023)Germany$96.9B

In 2023, Netherlands exported a total of $599B, making it the number 9 exporter in the world. During the last five reported years the exports of Netherlands have changed by $88B from $511B in 2018 to $599B in 2023.

The most recent exports are led by Refined Petroleum ($55.6B), Vaccines, blood, antisera, toxins and cultures ($25.1B), Machinery Having Individual Functions ($24.2B), Crude Petroleum ($21.6B), and Broadcasting Equipment ($16.6B). The most common destination for the exports of Netherlands are Germany ($96.9B), Belgium ($87B), France ($67.3B), Italy ($38.1B), and United States ($33.1B).

Explore Visualizations

Exports (2023)
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Destinations (2023)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2022 - 2023)
United States$4.48B (+ 15.7%)
China$4.41B (+ 32.5%)
Belgium$3.05B (+ 3.63%)
Fastest Growing Import Markets (2022 - 2023)
Germany$2.53B (+ 2.4%)
Ireland$1.79B (+ 15.4%)
Qatar$1.57B (+ 105%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

Type
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Service Trade

Service Trade

Netherlands Exports Services (2020)$196B
Netherlands Imports Services (2020)$190B

In 2020, Netherlands exported $196B worth of services. The top services exported by Netherlands in 2020 were Miscellaneous business, professional, and technical services ($60.1B), Royalties and license fees ($41.8B), Other transport ($17.2B), Air transport ($13.7B), and Sea transport ($12.5B).

The top services imported by Netherlands in 2020 were Miscellaneous business, professional, and technical services ($68.6B), Royalties and license fees ($38.3B), Other transport ($25B), Merchanting and other trade-related services ($12.7B), and Financial services ($10.6B).

Service Exports (2020)

Service Imports (2020)

Economic Complexity

Overview

Economic Complexity (Trade)1.08Rank 26 of 132
Economic Complexity (Technology)1.08Rank 16 of 96
Economic Complexity (Research)2.14Rank 4 of 140

Most Specialized Products by RCA Index

Netherlands has a high level of specialization in Bulbs and Roots (29.2), Other live plants, cuttings and slips; mushroom spawn (15.9), Cut Flowers (15.4), Composite Paper (14.2), and Cocoa Butter (11). Specialization is measured using RCA, an index that takes the ratio between Netherlands observed and expected exports in each product.

Most Complex Products by PCI

Export Opportunities by Relatedness

The top export opportunities for Netherlands according to the relatedness index, were Hormones (0.43), Rough Wood (0.4), Other Fermented Beverages (0.4), Asphalt Mixtures (0.39), and Cocoa Shells (0.39). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Netherlands is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Netherlands. These are products that tend to be co-exported with the products that Netherlands exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Netherlands's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨12th to the 26th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

ECI (Trade) Ranking by Country

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