The Netherlands trade surplus narrowed to EUR 5.43 billion in February of 2021 from EUR 5.66 billion in the same month of the previous year. Exports rose 2.2 percent to EUR 42.22 billion, as higher sales of machinery & transport equipment, chemicals and related products,n.e.s, and crude materials. Sales to the EU advanced 5.7 percent, while those to countries outside the EU shrank 3.7 percent. Meanwhile, imports increased at a faster 3.2 percent to EUR 36.79 billion, mainly boosted by higher purchases of chemicals and related products, n.e.s, manufactured products, and machinery, and transport equipment. Purchases from the EU grew by 6.8 percent, while those from countries outside the EU were down 0.2 percent. Considering the first two months of the year, the trade surplus widened to USD 10.32 billion from USD 10.10 billion in the same period of 2020. source: Statistics Netherlands

Balance of Trade in Netherlands averaged 1295.35 EUR Million from 1960 until 2021, reaching an all time high of 7064 EUR Million in October of 2020 and a record low of -907.60 EUR Million in May of 1993. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Balance of Trade in Netherlands is expected to be 5050.00 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 3950.00 in 12 months time. In the long-term, the Netherlands Balance of Trade is projected to trend around 3950.00 EUR Million in 2022 and 3740.00 EUR Million in 2023, according to our econometric models.

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Netherlands Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
5433.00 4882.00 7064.00 -907.60 1960 - 2021 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-14 05:30 AM Nov €5.97B €7.26B €5.7B
2021-02-16 08:30 AM Dec €5.319B €5.81B €5.1B
2021-03-12 05:30 AM Jan €4.94B €5.27B €4.9B
2021-04-14 04:30 AM Feb €5.433B €4.882B €5.4B
2021-05-18 07:30 AM Mar €5.433B
2021-06-15 04:30 AM Apr
2021-07-14 04:30 AM May
2021-08-17 07:30 AM Jun


News Stream
Dutch Trade Surplus Narrows in February
The Netherlands trade surplus narrowed to EUR 5.43 billion in February of 2021 from EUR 5.66 billion in the same month of the previous year. Exports rose 2.2 percent to EUR 42.22 billion, as higher sales of machinery & transport equipment, chemicals and related products,n.e.s, and crude materials. Sales to the EU advanced 5.7 percent, while those to countries outside the EU shrank 3.7 percent. Meanwhile, imports increased at a faster 3.2 percent to EUR 36.79 billion, mainly boosted by higher purchases of chemicals and related products, n.e.s, manufactured products, and machinery, and transport equipment. Purchases from the EU grew by 6.8 percent, while those from countries outside the EU were down 0.2 percent. Considering the first two months of the year, the trade surplus widened to USD 10.32 billion from USD 10.10 billion in the same period of 2020.
2021-04-14
Dutch Trade Surplus Widens in January
The Netherlands trade surplus widened to EUR 4.94 billion in January of 2021 from EUR 4.43 billion in the same month of the previous year. Exports fell 5.5 percent to EUR 40.87 billion, as lower sales of machinery & transport equipment, chemicals and related products,n.e.s, and mineral fuel, lubricants and related products. Sales to the EU dropped 4.7 percent, while those to countries outside the EU jumped 11 percent. Meanwhile, imports declined at a faster 7.5 percent to EUR 35.93 billion, mainly dragged down by lower purchases of mineral fuels, lubricants and related products, chemicals and related products, n.e.s, manufactured products, and machinery, and transport equipment. Purchases from the EU and countries outside dropped 12.1 percent and 2.4 percent, respectively.
2021-03-12
Dutch Trade Surplus Widens in December
The Netherlands trade surplus widened to EUR 5.32 billion in December of 2020 from EUR 4.33 billion in the same month of the previous year. Exports rose 0.8 percent to EUR 42.57 billion, as higher sales of machinery & transport equipment, manufactured products and chemicals offset declines in those of mineral fuel, lubricants and related products. Sales to the EU plunged 8.6 percent, while those to countries outside the EU jumped 19.4 percent. Meanwhile, imports declined 1.8 percent to EUR 37.25 billion, mainly dragged down by lower purchases of mineral fuels, lubricants and related products and machinery and transport equipment. Purchases from the EU plunged 7.3 percent while those from countries outside the EU rose 4.3 percent. In 2020, the country's trade surplus rose to EUR 58.05 billion from EUR 55.37 billion in 2019.
2021-02-16
Dutch Trade Surplus Widens in November
The Netherlands trade surplus widened to EUR 5.97 billion in November of 2020 from EUR 4.56 billion in the same month last year. Exports fell 6.9 percent to EUR 43.41 billion amid lower sales of mineral fuel, lubricants and related products and manufactured goods. Sales to the EU plunged 10.1 percent, while those to countries outside the EU jumped 19.3 percent. Meantime, imports declined at a softer 8.3 percent to EUR 37.43 billion. Purchases from the EU plunged 9.6 percent while those from countries outside the EU rose 0.7 percent. Considering the first eleven months of 2020, the country's trade surplus widened to EUR 53.37 billion from EUR 51.57 billion in the corresponding month of the previous year.
2021-01-14

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.