Netherland’s trade surplus narrowed to EUR 5.33 billion in March 2019 from EUR 5.83 billion in the same month of the previous year. Imports rose 6.9 percent year-on-year to EUR 39.94 billion, mainly driven by higher purchases of chemical products (7.5%); machinery & transport equipment (7.1%); miscellaneous manufactured articles (6.6%); and mineral fuels, lubricant and related products (2.4%). Purchases from the EU advanced 3.8 percent and those from outside the EU increased at a faster 10.7 percent. Exports went up 4.8 percent to EUR 45.23 billion, boosted by higher sales of raw materials, not edible (3.4%); chemical products (1%); machinery & transport equipment (5.5%); miscellaneous manufactured articles (9.6%); and mineral fuels, lubricant and related products (7.5%). Exports to the EU increased 5.3 percent while those to outside the EU rose 3.6 percent. Considering the first quarter of the year, the trade balance recorded a surplus of EUR 13.21 billion. Balance of Trade in Netherlands averaged 1178.19 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 4600.00 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
2019-02-14 08:30 AM Balance of Trade €3.57B €7.1B €4.5B
2019-03-15 05:30 AM Balance of Trade €2.87B €3.67B €2.5B
2019-04-12 04:30 AM Balance of Trade €5.13B €2.86B €3.4B
2019-05-14 07:30 AM Balance of Trade €5.33B €5.12B €5.7B
2019-06-14 04:30 AM Balance of Trade €5.33B €2.8B
2019-07-15 04:30 AM Balance of Trade €4.3B
2019-08-14 07:30 AM Balance of Trade €4.1B


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 5330.00 5124.00 6491.00 -907.60 EUR Million [+]
Current Account 27505.30 19373.90 27866.80 -14374.20 EUR Million [+]
Current Account to GDP 10.80 10.50 10.80 -1.00 percent [+]
Imports 39939.00 36062.00 40580.00 584.90 EUR Million [+]
Exports 45269.00 41186.00 45269.00 494.60 EUR Million [+]
External Debt 3921875.00 4088829.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 100.30 101.10 104.90 92.50 Index Points [+]
Capital Flows 25105.40 20580.10 38120.90 -21724.30 EUR Million [+]
Remittances 38.10 39.10 171.00 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 1167.00 471.00 1213.00 5.00 USD Million [+]
Crude Oil Production 19.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5330.00 5124.00 6491.00 -907.60 1960 - 2019 EUR Million Monthly




Country Last Previous
Argentina 1183.00 Mar/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.39 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1429.00 Mar/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


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