Netherlands Top Trading Partners

Netherlands Top Trading Partners

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Also called Holland, Netherlands is strategically located on the European continent. It borders Germany to the east, Belgium to the south and is in close proximity to the United Kingdom via the North Sea and the English Channel.

Netherlands shipped US$569.2 billion worth of products around the globe in 2016. That figure represents roughly 3.5% of overall global exports estimated at $16.236 trillion one year earlier in 2015.

From a continental perspective, three-quarters (75.2%) of Dutch total exports by value in 2016 were delivered to other European trade partners.

Asian importers purchased 10.2% of Dutch shipments while 4.4% worth arrived in North America.

At 2.3%, a smaller portion of Dutch exports were bought by African importers.

Netherlands Top Trading Partners

Top 15

Below is a list showcasing 15 of Netherlands top trading partners, countries that imported the most Dutch shipments by dollar value during 2016. Also shown is each import country’s percentage of total Dutch exports.

  1. Germany: US$126.7 billion (22.3% of total Dutch exports)
  2. Belgium: $58.9 billion (10.3%)
  3. United Kingdom: $50.8 billion (8.9%)
  4. France: $48.2 billion (8.5%)
  5. Italy: $22 billion (3.9%)
  6. United States: $20.1 billion (3.5%)
  7. Spain: $17.3 billion (3%)
  8. Poland: $13.4 billion (2.4%)
  9. Sweden: $12.4 billion (2.2%)
  10. China: $11.5 billion (2%)
  11. Czech Republic: $9.5 billion (1.7%)
  12. Denmark: $7.5 billion (1.3%)
  13. Austria: $7.1 billion (1.2%)
  14. Switzerland: $7 billion (1.2%)
  15. Turkey: $5.9 billion (1%)

Almost three-quarters (73.5%) of Dutch exports in 2016 were delivered to the above 15 trade partners.

Among these top importers, China increased its import purchases from Netherlands at the fastest rate from 2009 to 2016, up 79.8%.

In second place was the Czech Republic with its 78.9% gain followed by Sweden (up 71.5%) and Poland (up 61.4%).

Deficits

As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit.

It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing partners. Similarly, that export country doesn’t necessarily post a negative trade balance with each individual partner with which it exchanges exports and imports.

Netherlands incurred the highest trade deficits with the following countries:

  1. China: -US$59.5 billion (country-specific trade deficit in 2016)
  2. United States: -$19 billion
  3. Russia: -$13.4 billion
  4. Japan: -$7.6 billion
  5. Malaysia: -$4.4 billion
  6. Norway: -$4.1 billion
  7. Hong Kong: -$3.7 billion
  8. Vietnam: -$3.4 billion
  9. Brazil: -$3 billion
  10. Thailand: -$2.8 billion

Among Dutch trading partners that cause the greatest negative trade balances, Dutch deficits with Vietnam (up 713%), Hong Kong (up 308.9%) and China (up 145.8%) grew at the fastest pace from 2009 to 2016.

These cashflow deficiencies clearly indicate Netherlands’s competitive disadvantages with the above countries, but also represent key opportunities for Netherlands to develop country-specific strategies to strengthen its overall position in international trade.

Surpluses

Netherlands posted an overall $65.1-billion trade surplus in 2016, up 32% from $49.3-billion during 2009. Based on Investopedia’s definition of net importer, a country whose total value of all imported goods is lower than its value of all exports is said to have a positive trade balance or surplus.

Netherlands incurred the highest trade surpluses with the following countries:

  1. Germany: US$51.7 billion (country-specific trade surplus in 2016)
  2. France: $30.6 billion
  3. United Kingdom: $26.4 billion
  4. Belgium: $16.9 billion
  5. Italy: $11.7 billion
  6. Spain: $8.5 billion
  7. Sweden: $4.6 billion
  8. Austria: $4.5 billion
  9. Poland: $4.4 billion
  10. Denmark: $3.8 billion

Among Netherlands’ trading partners that cause the greatest negative trade balances, Dutch deficits with Sweden (up 177.1%), Denmark (up 146.1%) and United Kingdom (up 129.5%) grew at the fastest pace from 2009 to 2016.

These positive cashflow streams clearly indicate Netherlands’ competitive advantages with the above countries, but also represent key opportunities for Netherlands to develop country-specific strategies to optimize its overall position in international trade.

Companies

Dutch Companies Servicing Trading Partners

Twenty-seven Dutch corporations rank among Forbes Global 2000 for 2015. Below is a sample of the major Dutch export companies headquartered in the Netherlands that Forbes included:

  • ASM International N.V. (semiconductors)
  • Gemalto (electronics)
  • Royal Dutch Shell (oil, gas)
  • Unilever (food processing)
  • Lyondell Basell Industries (diversified chemicals)
  • Heineken Holding (beverages)
  • Philips (industrial conglomerate)
  • Ageas (diversified insurance)
  • Akzo Nobel (diversified chemicals)
  • ASML Holding (semiconductors)
  • DSM (diversified chemicals)
  • NXP Semiconductors (semiconductors)
  • ASM International N.V. (semiconductors)
  • Gemalto (electronics)

According to IMPORTERS.com listings for Dutch suppliers, the following are also examples of companies that ship products from Netherlands to its trading partners around the globe. Shown within parenthesis are products that the Dutch business provides.

  • Bless Ya, Inc (young girls apparel)
  • Ciparo (paper, plastics)
  • Daqso International (toiletries, cosmetics, perfumes)
  • Floorkinderkleding (children clothing)
  • Holland Metals & Raw Materials (non-ferrous metals, steel scrap)
  • King-Boats (inflatable craft)
  • Lagwo Trading Inc NV (crude oil, petroleum)
  • Powerview Technology BV (surveillance products)
  • Raisina Exports (dried fruits, nuts)
  • Shipside Tax Free Cars BV (automobiles)


 
See also Netherlands Top 10 Imports, Netherlands Top 10 Major Export Companies, Netherlands Top 10 Exports, Highest Value Dutch Export Products and Highest Value Dutch Import Products

Research Sources:
The World Factbook, Field Listing: Imports – Commodities, Central Intelligence Agency. Accessed on March 25, 2017

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 25, 2017

Investopedia, Net Importer Definition. Accessed on March 25, 2017

Forbes 2015 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on March 25, 2017

IMPORTERS.com The Online Market for G20 Importers, Netherlands Import Export Directory. Accessed on November 22, 2015

World’s Capital Cities, Capital Facts for Amsterdam, Netherlands. Accessed on March 25, 2017