Netherlands Import Export Business - Global Trade | Tendata

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ten data blog17-11-2023

netherlands import,netherlands export,netherlands import export


Imports

In 2022, the Netherlands spent $898 billion on imports from around the world. Compared to $623.4 billion in 2021, the total cost of imports to the Netherlands increased by 44.1% year-over-year.



Top Suppliers of Netherlands Imports

The latest country-specific data shows that the Netherlands imports are mainly supplied by exporters from the following countries: mainland China (16.2% of the Dutch total), Germany (12.6%), Belgium (7.8%), the United States (7.6%), the United Kingdom (3.5%), Russia (3.2%), France (2.9%), Norway (2.01%), Italy (1.99%), Poland (1.85%), Ireland (1.82%) and Spain ( 1.5%).



Top Ten Imported Commodities of the Netherlands

1. Fossil fuels including oil: $20.9 billion (22.5% of total imports)

2. Electrical machinery and equipment: $127.6 billion (14.2%)

3. Machinery including computers: $102.6 billion (11.4%)

4. Pharmaceuticals: $41.4 billion (4.6%)

5. Optical, technical, medical equipment: $38 billion (4.2%)

6. Vehicles: $35 billion (3.9%)

7. Plastics, Plastic Products: $23.5 billion (2.6%)

8. Organic chemicals: $22.6 billion (2.5%)

9. Other chemicals: $19.7 billion (2.2%)

10. Iron and steel: $18.5 billion (2.1%)


The Netherlands' top ten imports account for more than two-thirds (70.3%) of the total value of its purchases from other countries.


Among the Netherlands' top 10 import categories, the value of imported fossil fuels (including oil) grows the fastest, by 102.8% from 2021 to 2022. The second highest improvement in imported purchases was pharmaceuticals, which grew by 61.8%. The total cost of imported motors and equipment in the Netherlands increased by 60.7% year-on-year. The smallest increase compared to 2021 was a 12% increase in imports of plastic materials and plastic products.


Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. The information shown under the Other Virtual Folders tab is at a more granular 4-digit level.




Exports

The Netherlands exported $965.8 billion worth of products to the world in 2022. The EU powerhouse's exports increased by 38.6% from $696.9 billion in 2021.


The top 5 products exported by the Netherlands in terms of dollar value are refined petroleum, computers, telephony devices including smartphones, mixed-dose pharmaceuticals, and blood components including antisera.



Main Customers of Netherlands Exports

The latest country-specific data show that Dutch exports are mainly purchased by importers in Germany (21.8% of the Dutch total), Belgium (11%), France (8%), the UK (5.2%), the US (3.97%), Italy (3.75%), Spain (3.1%), Poland (2.8%), Sweden (2.3%), Mainland China (2%) (2%), Czech Republic (1.6%) and Austria (1.3%).



Top 10 Exports of the Netherlands

1. Mineral fuels including petroleum: $188.8 billion (19.6% of total exports)

2. Machinery including computers: US$122.1 billion (12.6%)

3. Electrical machinery and equipment: $114.5 billion (11.9%)

4. Pharmaceuticals: $53.1 billion (5.5%)

5. Optical, technical, medical equipment: $46.6 billion (4.8%)

6. Plastics, plastic products: $35 billion (3.6%)

7. Vehicles: $31.8 billion (3.3%)

8. Organic Chemicals: $26.7 billion (2.8%)

9. Other chemicals: $24.1 billion (2.5%)

10. Iron and steel: $20.8 billion (2.2%)


The Netherlands' top ten export commodities account for more than two-thirds (68.7%) of its total global exports.


Fossil fuels, including oil, are the fastest growing of the top ten export categories, growing by 115.1% from 2021 to 2022. This percentage growth is driven by increased international sales of refined petroleum, oil and gas, and coal shipped from the Netherlands. The second highest growth in export sales was in electrical machinery and equipment, which increased by 63.1%. Pharmaceutical shipments from the Netherlands ranked third in terms of growth, up 42.7% year-on-year.


The smallest increase in the Netherlands' top ten export categories was plastics and plastic products, which rose by 8.1%.


According to the more detailed four-digit HS codes, the top 10 Netherlands exports were:


1. Processed petroleum (13.03%, $79.29 Billion)

2. Computers, optical readers (6.14%, $37.35 Billion)

3. Telephone equipment, including smartphones (6.13%, $37.29 Billion)

4. Drug mixing doses (4.36%, $26.52 Billion)

5. Blood Components (including Antisera) (3.54%, $21.53 Billion)

6.Semiconductor Manufacturing Machinery (3.5%, $21.33 Billion)

7.Crude Oil (3.39%, $20.64 Billion)

8. Integrated Circuits/Microassemblies (2.89%, $17.56 Billion)

9. Electronic Medical Devices (e.g. X-rays) (2.81%, $17.08 Billion)

10. Orthopedic Appliances (2.06%, $12.55 Billion)




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