Netherlands-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $9.57B total volume •Netherlands deficit: $6.91B
Netherlands → Viet Nam
$1.33B
Exports (2023)
Viet Nam → Netherlands
$8.24B
Imports (2023)
Trade Balance
$6.91B
Deficit for Netherlands
Total Trade
$9.57B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Netherlands and Viet Nam. Green line shows exports from Netherlands, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Netherlands-Viet Nam commercial relationship and competitive positioning in global markets.
Netherlands → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Netherlands's export portfolio to Viet Nam demonstrates strong diversification across multiple sectors, with aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg representing a key competitive advantage in this bilateral market.
Viet Nam → Netherlands Imports
Import Dependency Profile
📦 Import Strategy Analysis
Netherlands's import pattern from Viet Nam reveals significant dependencyin telephones for cellular networks or for other wireless networks, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Netherlands demonstrates competitive strength in exportingaeroplanes and other aircraft: of an unladen weight exceeding 15,000kg to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $9.57B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Netherlands-Viet Nam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $9.57 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Netherlands maintains a deficit of $6.91 billion
- Export Focus: Netherlands's primary exports include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, turbo-jets: of a thrust exceeding 25kn, plants, live: bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormant
- Import Dependencies: Key imports from Viet Nam include telephones for cellular networks or for other wireless networks, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus, monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $9.57B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Netherlands leveraging its comparative advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Netherlands's specialization in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kgcomplements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in telephones for cellular networks or for other wireless networks.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $9.57B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $9.57B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $9.57 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg and telephones for cellular networks or for other wireless networks demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Netherlands's trade deficit of $6.91 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Netherlands and Viet Nam represents a total trade volume of $9.57 billion in 2023. This partnership demonstrates an unfavorable trade balance for Netherlands, with imports exceeding exportsby $6.91 billion.
Export Strengths
Netherlands's exports to Viet Nam total $1.33 billion, with competitive advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, representing $312.61M or23.5% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $8.24 billion, highlighting economic interdependence in telephones for cellular networks or for other wireless networks, with Telephones for cellular networks or for other wireless networks comprising9.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Netherlands's strategic sourcing from Viet Nam. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Netherlands and Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023