The trade surplus in the Netherlands widened to EUR 4.0 billion in October 2022 from EUR 3.5 billion in the same month a year earlier. Year-on-year, exports rose by 28.2% to EUR 65.8 billion, as shipments both increased in EU (28.7%) and non-EU countries (27.2%). Among commodities, large increases in sales were reported from mineral fuels and lubricants (107%) and animal and vegetable oils (41%). Meanwhile, imports advanced by 29.1% to EUR 61.8 billion, as arrivals surged from non-EU countries (39.6%) and EU countries (17.3%), prompted by high purchases of mineral fuels and lubricants (69.4%) and food and live animals (27.2%). Considering the January-October period, the country’s trade surplus fell by 27.2% to EUR 39.4 billion, compared to the corresponding months of 2021. source: Statistics Netherlands

Balance of Trade in Netherlands averaged 1382.29 EUR Million from 1960 until 2022, reaching an all time high of 7073.00 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 January of 2023.

Balance of Trade in Netherlands is expected to be 6200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Netherlands Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-11-15 08:30 AM Sep €8.429B €4.383B €6.5B
2022-12-12 05:30 AM Oct €4.01B €6.474B €7.1B
2023-01-26 05:30 AM Nov €4.01B €3.8B


Related Last Previous Unit Reference
Balance of Trade 4010.00 6474.00 EUR Million Oct 2022
Imports 61820.00 61028.00 EUR Million Oct 2022
Exports 65830.00 67502.00 EUR Million Oct 2022
Terms of Trade 99.90 95.70 points Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4010.00 6474.00 7073.00 -907.60 1960 - 2022 EUR Million Monthly

News Stream
Netherlands Trade Surplus Widens in October
The trade surplus in the Netherlands widened to EUR 4.0 billion in October 2022 from EUR 3.5 billion in the same month a year earlier. Year-on-year, exports rose by 28.2% to EUR 65.8 billion, as shipments both increased in EU (28.7%) and non-EU countries (27.2%). Among commodities, large increases in sales were reported from mineral fuels and lubricants (107%) and animal and vegetable oils (41%). Meanwhile, imports advanced by 29.1% to EUR 61.8 billion, as arrivals surged from non-EU countries (39.6%) and EU countries (17.3%), prompted by high purchases of mineral fuels and lubricants (69.4%) and food and live animals (27.2%). Considering the January-October period, the country’s trade surplus fell by 27.2% to EUR 39.4 billion, compared to the corresponding months of 2021.
2022-12-12
Netherlands Posts Largest Trade Surplus on Record
The trade surplus in the Netherlands increased to EUR 8.4 billion in September of 2022, the largest trade surplus since records began in 1960, as both exports and imports hit all-time highs on rising energy prices. Exports jumped 29.1% to EUR 67.4 billion, led by soaring sales to both EU (32%) and non-EU countries (23.5%). Sales were up for mineral fuels and lubricants (107.2%), food and live animals (19.5%), machinery and transport equipment (15.4%), miscellaneous manufactured goods (13%), and chemicals (10.8%). Meanwhile, imports rose by 27% to EUR 58.9 billion, as purchases increased for non-EU (40.7%) and EU countries (12.3%), led by higher purchases for mineral fuels and lubricants (147.1%), food and live animals (18.5%), miscellaneous manufactured goods (14.6%), machinery and transport equipment (12.5%), and chemicals (12%). Considering the first nine months of 2022, the country's trade surplus widened to EUR 51.2 billion.
2022-11-15
Dutch Trade Surplus Widens in August
The trade surplus in the Netherlands increased to EUR 5.1 billion in August of 2022 from EUR 4.0 billion in the same month of the previous year, amid further solid global demand. Exports jumped 29.3% yoy to EUR 60.8 billion, as shipments surged to both the EU (36.1%) and non-EU countries (17.5%), mainly boosted by sales of mineral fuels, lubricants, (127.2%), miscellaneous manufactured goods (15.7%), and chemicals (12.6%). Meanwhile, imports soared 29.7% yoy to EUR 55.7 billion, with purchases rising from both the EU (20.5%) and countries outside the EU (37.0%). Considering the first eight months of the year, the trade surplus inched up to EUR 43.95 billion from EUR 43.91 billion in the same period of 2021.
2022-10-12