Netherlands

Netherlands

Global Trade Profile β€’ Rank #8 Exporter

$610.31B

Total Exports (2023)

$710.03B

Total Imports (2023)

$99.72B

Trade Deficit

#8

Export Ranking

Trade Flow Visualization

Interactive map showing Netherlands's top trading partners. Green lines represent exports, red lines represent imports.

#8

Export Rank

$610.31B

Total Exports

$710.03B

Total Imports

-$99.72B

Trade Balance

26

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Petroleum oils and oils from bituminous minerals, ...
9.5%$57.68B
#2Oils: petroleum oils and oils obtained from bitumi...
3.2%$19.68B
#3Machines and apparatus of a kind used solely or pr...
3.1%$18.71B
#4Medicaments: consisting of mixed or unmixed produc...
2.3%$13.76B
#5Communication apparatus (excluding telephone sets ...
1.5%$9.32B
#6Telephones for cellular networks or for other wire...
1.4%$8.64B
#7Automatic data processing machines: portable, weig...
1.3%$8.00B
#8Blood, human or animal, antisera, other blood frac...
1.3%$7.67B
#9Tractors: road, for semi-trailers
1.2%$7.33B
#10Biodiesel and mixtures thereof: not containing or ...
0.9%$5.28B

πŸ“₯ Top Import Sources

Top Import Products

#1Oils: petroleum oils and oils obtained from bitumi...
8.7%$62.01B
#2Petroleum oils and oils from bituminous minerals, ...
7.1%$50.56B
#3Medicaments: consisting of mixed or unmixed produc...
2.1%$15.19B
#4Communication apparatus (excluding telephone sets ...
1.8%$13.08B
#5Blood, human or animal, antisera, other blood frac...
1.6%$11.47B
#6Petroleum gases and other gaseous hydrocarbons: li...
1.3%$9.42B
#7Vehicles: with only electric motor for propulsion
1.3%$8.99B
#8Telephones for cellular networks or for other wire...
1.1%$8.04B
#9Automatic data processing machines: portable, weig...
1.1%$7.77B
#10Petroleum gases and other gaseous hydrocarbons: in...
0.9%$6.50B

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Netherlands Trade Analysis 2023

πŸ“Š Overview

#8
Global Export Rank
1.32T
Total Trade Volume
6.60%
Share of Global Trade

Netherlands stands as the world's #8 largest exporter and #7 largest importer, demonstrating significant global trade influence.

The trade profile reveals a deficit of 99.72 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 14.0% of imports requires careful management of external financing.
610.31B
Total Exports
710.03B
Total Imports
0.86
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $110.03B, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

Germany
Belgium
France
Italy
United Kingdom
Others

Export Market Concentration

17.1%
$104.41B
14.2%$86.79B
10.7%$65.16B
6.2%$38.14B
4.8%$29.28B
4.4%$26.65B
3.6%$21.72B
13 others
21.3%$130.24B

Export concentration shows Germany as the dominant market at 17.1%. The top three markets control 42.0% of exports.

53.1%
Top 5 Markets
70.0%
Top 10 Markets
20
Total Partners

Regional patterns reveal European market focus. Secondary markets (USA, Spain, Sweden) provide $103.40B in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

15.6%
$110.45B
10.1%$71.89B
9.9%$70.38B
9.1%$64.44B
5.1%$36.21B
3.4%$24.21B
3.2%$22.46B
13 others
21.1%$150.03B

Netherlands relies heavily on Germany for imports (15.6%),maintaining balanced sourcing.

Energy suppliers including Norway (13.47B) collectively provide 13.47 billion or 1.9% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Viet Nam, reflecting deep integration into Asian production networks. China's dominant position at 70.38 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 71.89 billion (10.1%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 63.4% of total imports, with the remaining 37% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (110.45B), Belgium (64.44B), France (24.21B) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with India, Viet Namemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

preparations n.e.c. containing by weight 70% or mo...
9.5%$57.68B
petroleum oils and oils obtained from bituminous m...
3.2%$19.68B
Machines and apparatus of a kind used solely or pr...
3.1%$18.71B
consisting of mixed or unmixed products n.e.c. in ...
2.3%$13.76B
machines for the reception, conversion and transmi...
1.5%$9.32B
3 others
4.0%$24.31B

Netherlands's export economy centers on diversified industrial production, with the leading export being preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous mineralsat $57.68 billion, accounting for 9.5% of total exports.

Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 12.16 billion or 2.0% of exports, encompassing 2 distinct product categories. Electronics, semiconductors, and machinery contribute 56.11 billion or 9.2% of exports.

The automotive sector's dominance is evident in the export portfolio, with with only electric motor for propulsion (4.82B). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 1 categories specifically related to alternative propulsion systems, totaling $4.82B.

Beyond automotive, Netherlands maintains strong positions in industrial machinery (4 categories totaling 33.58B), electronic components (22.53B), and Petroleum oils and oils from bituminous minerals, not crude, Oils, Medicaments.

The top 20 export products collectively account for 32.0% of total exports, revealing healthy product diversification across multiple sectors.

πŸ›’ Import Products

Top Import Products

petroleum oils and oils obtained from bituminous m...
8.7%$62.01B
preparations n.e.c. containing by weight 70% or mo...
7.1%$50.56B
consisting of mixed or unmixed products n.e.c. in ...
2.1%$15.19B
machines for the reception, conversion and transmi...
1.8%$13.08B
immunological products, put up in measured doses o...
1.6%$11.47B
3 others
3.7%$26.45B

Energy dominates Netherlands's import profile, with fossil fuels accounting for 131.97 billion or 18.6% of total imports. Crude oil leads at 62.01 billion (8.7%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

πŸ”‘

Key Finding: Energy Dependency

Energy imports of $131.97B account for 18.6% of all imports, making Netherlands vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include consisting of mixed or unmixed products ... (15.19B, 2.1%), machines for the reception, conversion a... (13.08B, 1.8%), immunological products, put up in measur... (11.47B, 1.6%), with only electric motor for propulsion (8.99B, 1.3%), Telephones for cellular networks or for ... (8.04B, 1.1%).Electronic components and devices total 34.61 billion (4.9% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 26.66 billion (3.8%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Netherlands's economy: heavy reliance on imported energy despite industrial advancement, integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (8 : 12among top 20 products) indicates balanced import composition. Import substitution potential exists in chemicals and technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 9 primary products to 11 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests strong potential for diversification into adjacent sophisticated products.

βš–οΈ Trade Balance Dynamics

-99.72 billion
Trade Deficit β€’ 7.55% of total trade
PartnerExportsImportsBalance
Germany$104.41B$110.45B$-6.04B
Belgium$86.79B$64.44B+$22.36B
USA$26.65B$71.89B$-45.24B
France$65.16B$24.21B+$40.94B
China$18.34B$70.38B$-52.05B

Export-to-import ratio of 0.860 means exports cover 86.0% of import costs. Historical shift: Netherlands moved from surplus to deficit due to increased energy import dependence.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Germany$104.41B$110.45B$-6.04B
Belgium$86.79B$64.44B+$22.36B
USA$26.65B$71.89B$-45.24B
France$65.16B$24.21B+$40.94B
China$18.34B$70.38B$-52.05B
United Kingdom$29.28B$36.21B$-6.92B
Italy$38.14B$19.65B+$18.49B
Poland$17.35B$16.94B+$411.09M
Total$386.12B$414.17B$-28.05B

The Netherlands-Germany relationship leads at 214.86 billion in bilateral trade.View detailed analysis β†’

Additional major partnerships include USA (98.53B total trade), France (89.37B total trade), China (88.72B total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”864.34B across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

πŸ’‘

Competitive Advantage

Netherlands's #8 global ranking is driven by specialization in primary commodities, accounting for 15.7% of export value.

Global rankings position Netherlands as the #8 exporter worldwide,among the elite tier of global trading powers. The country's share of global exports at approximately 6.103%provides substantial market influence and pricing power.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Netherlands's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inpreparations n.e.c. conta, petroleum oils and oils o, Machines and apparatus of. The revealed comparative advantage is strongest in product categories representing15.7% of exports. Market positioning against regional competitors shows leadership in key product segments.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates premium positioning in many categories.

Competitive dynamics are shaped by factor endowments including advanced technology and skilled labor, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 99.72B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Denmark, Rep. of Korea, Ireland, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Netherlands's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Netherlands's position as the world's #8 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026