The trade surplus in the Netherlands increased to EUR 4.9 billion in October of 2018 from EUR 4.5 billion in the same month of the previous year. Exports rose 14.1 percent from a year earlier to EUR 44.9 billion, mainly due to sales of fuels & lubricants (42.3 percent); machinery & transport equipment (12.9 percent); chemicals (11.9 percent), and manufactured goods (9.6 percent). Exports to the EU increased 13.3 percent while those to countries outside the EU went up 16.1 percent. Imports advanced at a faster 15 percent to EUR 40 billion, boosted by purchases of fuels & lubricants (40.5 percent); machinery & transport equipment (14 percent); manufactured goods (10.7 percent), and chemicals (10.5 percent). Imports from the EU rose 11.9 percent and those from countries outside the EU climbed 18.8 percent. Considering January-October 2018, the surplus was recorded at EUR 42.7, compared to a EUR 49.7 billion surplus in the same period of 2017. Balance of Trade in Netherlands averaged 1152.06 EUR Million from 1960 until 2018, 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 4520.00 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 4528.00 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
2018-09-12 04:30 AM Balance of Trade €4.61B €4.87B €4.0B
2018-10-11 04:30 AM Balance of Trade €3.46B €4.35B €3.8B
2018-11-14 08:30 AM Balance of Trade €4.95B €3.936B € 6B
2018-12-13 05:30 AM Balance of Trade €4.85B €5.1B €4.0B
2019-01-11 05:30 AM Balance of Trade €4.85B
2019-02-14 08:30 AM Balance of Trade € 4.5B
2019-03-15 05:30 AM Balance of Trade


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 4850.00 5096.00 6491.00 -907.60 EUR Million [+]
Current Account 16769.50 20135.40 27870.20 -14371.20 EUR Million [+]
Current Account to GDP 10.20 8.50 10.40 -1.00 percent [+]
Imports 40025.00 36280.00 40025.00 584.90 EUR Million [+]
Exports 44875.00 41377.00 44875.00 494.60 EUR Million [+]
External Debt 4050746.00 4026513.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 100.50 100.10 104.90 92.50 Index Points [+]
Capital Flows 16859.80 23922.70 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 2.41 0.86 2.78 0.18 [+]
Weapons Sales 1167.00 471.00 1213.00 5.00 USD Million [+]
Crude Oil Production 16.00 15.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4850.00 5096.00 6491.00 -907.60 1960 - 2018 EUR Million Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4850.00 Oct/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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