Netherland’s trade surplus narrowed to EUR 2.9 billion in January 2019 from EUR 3.2 billion in the same month a year earlier. It was the smallest trade surplus since May 2015, as exports rose less than imports. Imports increased 4.8 percent year-on-year to EUR 38.7 billion mainly driven by purchases of chemicals and related products, n.e.s (7.2 pct); food & live animals (6.5 pct); manufactured goods (5.8 pct); machinery & transport equipment (7.5 pct); and miscellaneous manufactured articles (6.7 pct). Purchases from the EU increased 5.8 percent and those from outside the EU advanced 3.9 percent. Exports went up 3.6 percent to EUR 41.5 billion, mostly due to higher sales of manufactured goods (5.9 pct); machinery & transport equipment (2.6 pct); miscellaneous manufactured articles (10.1 pct); food and live animals (5.1 pct); and mineral fuels, lubricant and related products (4.1 pct). Exports to the EU went up 6.3 percent while those to outside the EU fell 3.1 percent. Balance of Trade in Netherlands averaged 1162.85 EUR Million from 1960 until 2018, reaching an all time high of 7096 EUR Million in November of 2018 and a record low of -907.60 EUR Million in May of 1993.

Balance of Trade in Netherlands is expected to be 6700.00 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 4780.00 in 12 months time. In the long-term, the Netherlands Balance of Trade is projected to trend around 5050.00 EUR Million in 2020, according to our econometric models.

Netherlands Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-13 05:30 AM Balance of Trade €4.85B €5.1B €4.0B
2019-01-15 05:30 AM Balance of Trade €6.98B €4.92B €5.5B
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 €2.87B €3.4B
2019-05-15 07:30 AM Balance of Trade €5.7B
2019-06-14 04:30 AM Balance of Trade €2.8B


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 2868.00 3660.00 6491.00 -907.60 EUR Million [+]
Current Account 20484.80 16824.10 27870.20 -14371.20 EUR Million [+]
Current Account to GDP 10.20 8.50 10.40 -1.00 percent [+]
Imports 38651.00 35551.00 40580.00 584.90 EUR Million [+]
Exports 41519.00 38211.00 44945.00 494.60 EUR Million [+]
External Debt 4085645.00 4050746.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 101.10 99.40 104.90 92.50 Index Points [+]
Capital Flows 24486.10 17154.80 38120.90 -21835.60 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 16.00 16.00 87.00 11.00 BBL/D/1K [+]
Foreign Direct Investment -24697.00 201.00 218650.00 -64145.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2868.00 3660.00 6491.00 -907.60 1960 - 2019 EUR Million Monthly




Country Last Previous
Argentina 372.00 Jan/19
Australia 4549.00 Jan/19
Brazil 3670.00 Feb/19
Canada -4593.40 Dec/18
China 41.18 Feb/19
Euro Area 1547.90 Jan/19
France -4195.00 Jan/19
Germany 14500.00 Jan/19
India -9600.00 Feb/19
Indonesia 329.50 Feb/19
Italy 321.80 Jan/19
Japan 339.00 Feb/19
Mexico -4809.60 Jan/19
Netherlands 2868.00 Jan/19
Russia 13368.00 Jan/19
Saudi Arabia 184673.00 Sep/18
Singapore 5198.50 Feb/19
South Africa -13082.76 Jan/19
South Korea 3098.00 Feb/19
Spain -4483276.00 Jan/19
Switzerland 2037.56 Feb/19
Turkey -2503.45 Jan/19
United Kingdom -3825.00 Jan/19
United States -59769.00 Dec/18


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