The Netherlands's trade surplus rose to EUR 5.58 billion in May 2019 from EUR 5 billion in the same month of the previous year. This was the largest trade surplus since November last year, as exports rose more than imports. Exports went up 7.9 percent from a year earlier to EUR 45.03 billion, boosted by higher sales of chemical products (6.9%); machinery & transport equipment (13.6%); miscellaneous manufactured articles (10.1%). Exports to the EU increased 6.0 percent while those to outside the EU surged 12.6 percent. Imports increased at a softer 7.4 percent to EUR 39.46 billion, mainly driven by purchases of chemical products (12.4%); machinery & transport equipment (8.4%); miscellaneous manufactured articles (10.3%). Imports from the EU advanced 8.8 percent and those from outside the EU rose at a softer 5.6 percent. Considering the first five months of the year, the trade balance recorded a surplus of EUR 22.69 billion. Balance of Trade in Netherlands averaged 1187.72 EUR Million from 1960 until 2019, reaching an all time high of 6491 EUR Million in March of 2017 and a record low of -907.60 EUR Million in May of 1993.

Balance of Trade in Netherlands is expected to be 4100.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Netherlands to stand at 3500.00 in 12 months time. In the long-term, the Netherlands Balance of Trade is projected to trend around 3950.00 EUR Million in 2020, according to our econometric models.

Netherlands Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-12 04:30 AM Balance of Trade Feb €5.13B €2.86B €3.4B
2019-05-14 07:30 AM Balance of Trade Mar €5.33B €5.12B €5.7B
2019-06-14 04:30 AM Balance of Trade Apr €4.15B €5.31B €2.8B
2019-07-15 04:30 AM Balance of Trade May €5.58B €4.05B €4.3B
2019-08-14 07:30 AM Balance of Trade Jun €5.58B €4.1B
2019-09-12 04:30 AM Balance of Trade Jul €3.6B
2019-10-11 04:30 AM Balance of Trade Aug €2.9B


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 5579.00 4051.00 6491.00 -907.60 EUR Million [+]
Current Account 18079.00 28164.00 28164.00 -14374.20 EUR Million [+]
Current Account to GDP 10.80 10.50 10.80 -1.00 percent [+]
Imports 39455.00 38763.00 40540.00 584.90 EUR Million [+]
Exports 45034.00 42814.00 45368.00 494.60 EUR Million [+]
External Debt 3795904.00 3921875.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 102.20 99.70 104.00 91.70 Index Points [+]
Capital Flows 19939.80 25105.40 38120.90 -21724.30 EUR Million [+]
Remittances 37.10 41.10 171.00 0.00 EUR Million [+]
Gold Reserves 612.50 612.50 911.82 612.45 Tonnes [+]
Terrorism Index 1.96 2.41 2.78 0.18 [+]
Weapons Sales 369.00 1132.00 1213.00 5.00 USD Million [+]
Crude Oil Production 21.00 15.00 87.00 11.00 BBL/D/1K [+]
Foreign Direct Investment -113677.00 -92099.00 218650.00 -113677.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Netherlands Balance of Trade

The Netherlands is an export-oriented economy and derives more than two-thirds of its GDP from the merchandise trade. Main exports are: machinery and transport equipment (28 percent of total exports), mineral fuels (23 percent), food (11 percent), clothing and footwear (10 percent) and pharmaceuticals (5 percent). Netherlands main imports are: fuel (29 percent of total imports), machinery (26 percent) and food and live animals (8.6 percent). Main trading partners are Germany (24 percent of total exports and 17 percent of imports) and Belgium (12 percent of exports and 10 percent imports). Others include: China, France, United Kingdom and United States. This page provides the latest reported value for - Netherlands Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Netherlands Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5579.00 4051.00 6491.00 -907.60 1960 - 2019 EUR Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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