The Netherlands trade surplus rose to EUR 6.15 billion in March of 2020 from EUR 5.52 billion in the same month last year. This was the largest trade surplus since November of 2018, as imports slumped 7.7 percent to EUR 36.74 billion, dragged down by reduced purchases of minerals, transport equipment and clothing. Among major trading partners, imports from the EU declined 16.5 percent while those from countries outside the EU rose 2.5 percent. Exports fell 5.4 percent to EUR 42.90 billion, amid lower shipments of transport equipment and machinery. In contrast, sales went up for petroleum and chemical products. Exports to the EU fell 18.2 percent, while those to countries outside the EU went up 26.4 percent. Considering the first quarter of 2020, the country's trade surplus widened to 16.13 billion from EUR 13.24 billion in the corresponding month of the previous year.

Balance of Trade in Netherlands averaged 1239.59 EUR Million from 1960 until 2020, 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. 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 May of 2020. source: Statistics Netherlands

Balance of Trade in Netherlands is expected to be 3500.00 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 7050.00 in 12 months time. In the long-term, the Netherlands Balance of Trade is projected to trend around 3950.00 EUR Million in 2021 and 3740.00 EUR Million in 2022, according to our econometric models.

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Netherlands Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
6154.00 5514.00 6491.00 -907.60 1960 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-13 08:30 AM Dec €4.59B €4.84B € 5.8B
2020-03-13 05:30 AM Jan €4.19B €4.7B €3.2B
2020-04-10 04:30 AM Feb €5.63B €4.48B €4.9B
2020-05-15 07:30 AM Mar €6.15B €5.51B € 4.6B
2020-06-15 04:30 AM Apr €6.15B
2020-07-15 04:30 AM May
2020-08-14 07:30 AM Jun € 5.5B
2020-09-11 04:30 AM Jul


News Stream
Dutch Trade Surplus Widens in March
The Netherlands trade surplus rose to EUR 6.15 billion in March of 2020 from EUR 5.52 billion in the same month last year. This was the largest trade surplus since November of 2018, as imports slumped 7.7 percent to EUR 36.74 billion, dragged down by reduced purchases of minerals, transport equipment and clothing. Among major trading partners, imports from the EU declined 16.5 percent while those from countries outside the EU rose 2.5 percent. Exports fell 5.4 percent to EUR 42.90 billion, amid lower shipments of transport equipment and machinery. In contrast, sales went up for petroleum and chemical products. Exports to the EU fell 18.2 percent, while those to countries outside the EU went up 26.4 percent. Considering the first quarter of 2020, the country's trade surplus widened to 16.13 billion from EUR 13.24 billion in the corresponding month of the previous year.
2020-05-15
Dutch Trade Surplus Largest in 4 Months
The Netherlands trade surplus increased to EUR 5.63 billion in February of 2020 from EUR 5.05 billion in the same month last year. This was the largest trade surplus since last October, as exports rose while imports fell. Exports advanced 0.9 percent to EUR 41.53 billion, amid higher sales of machinery & transport equipment; chemicals & related products; and crude materials, inedible, except fuels. Meantime, imports dropped 0.6 percent to EUR 35.90 billion, due to lower purchases of crude materials, inedible, except fuels; mineral fuels, lubricants, and related products. Considering the first two months of the year, the Netherlands trade surplus widened to EUR 10.12 billion from EUR 7.73 billion in the corresponding period a year ago, as exports increased 2.8 percent while imports edged down 0.1 percent.
2020-04-10
Dutch Trade Surplus Widens in January
The Netherlands trade surplus increased to EUR 4.19 billion in January of 2020 from EUR 2.68 billion in the same month last year. Exports advanced 4.2 percent to EUR 43.15 billion, amid higher sales of machinery & transport equipment; chemicals & related products; and crude materials, inedible, except fuels. Shipments rose for both EU (0.6 percent) and non-EU countries (14.0 percent). Meantime, imports went up 0.6 percent to EUR 38.96 billion, due to higher purchases of chemicals and related products, n.e.s and machinery and transport equipment. Purchases rose from the EU (1.1 percent) and non-EU countries (0.1 percent).
2020-03-13
Dutch Trade Surplus Widens in December
The Netherlands trade surplus increased to EUR 4.59 billion in December of 2019 from EUR 3.32 billion in the same month last year. Exports advanced 8.0 percent to EUR 42.14 billion, amid higher sales of machinery & transport equipment and chemicals & related products. Shipments rose for both EU (1.6 percent) and non-EU countries (23.3 percent). Meantime, imports went up 5.2 percent to EUR 37.54 billion, due to higher purchases of mineral fuels & lubricants and machinery & transport equipment. Purchases rose from the EU (3.6 percent) and non-EU countries (7.1 percent). Considering full 2019, the Netherlands trade surplus narrowed to EUR 56.2 billion from EUR 56.6 billion in the corresponding period a year ago, as exports increased 3.6 percent while imports advanced at a faster 4.1 percent.
2020-02-13

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.