The Netherlands trade surplus widened to EUR 5.32 billion in December of 2020 from EUR 4.33 billion in the same month of the previous year. Exports rose 0.8 percent to EUR 42.57 billion, as higher sales of machinery & transport equipment, manufactured products and chemicals offset declines in those of mineral fuel, lubricants and related products. Sales to the EU plunged 8.6 percent, while those to countries outside the EU jumped 19.4 percent. Meanwhile, imports declined 1.8 percent to EUR 37.25 billion, mainly dragged down by lower purchases of mineral fuels, lubricants and related products and machinery and transport equipment. Purchases from the EU plunged 7.3 percent while those from countries outside the EU rose 4.3 percent. In 2020, the country's trade surplus rose to EUR 58.05 billion from EUR 55.37 billion in 2019. source: Statistics Netherlands

Balance of Trade in Netherlands averaged 1284.25 EUR Million from 1960 until 2020, reaching an all time high of 6925 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 February of 2021.

Balance of Trade in Netherlands is expected to be 5050.00 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 3950.00 in 12 months time. In the long-term, the Netherlands Balance of Trade is projected to trend around 3950.00 EUR Million in 2022 and 3740.00 EUR Million in 2023, according to our econometric models.

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Netherlands Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
5319.00 5810.00 6925.00 -907.60 1960 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-13 08:30 AM Sep €5.796B €3.842B €3.8B
2020-12-14 05:30 AM Oct €7.77B €5.47B €4.7B
2021-01-14 05:30 AM Nov €5.97B €7.26B €5.7B
2021-02-16 08:30 AM Dec €5.319B €5.81B €5.1B
2021-03-12 05:30 AM Jan €5.319B
2021-04-14 04:30 AM Feb
2021-05-18 07:30 AM Mar
2021-06-15 04:30 AM Apr


News Stream
Dutch Trade Surplus Widens in December
The Netherlands trade surplus widened to EUR 5.32 billion in December of 2020 from EUR 4.33 billion in the same month of the previous year. Exports rose 0.8 percent to EUR 42.57 billion, as higher sales of machinery & transport equipment, manufactured products and chemicals offset declines in those of mineral fuel, lubricants and related products. Sales to the EU plunged 8.6 percent, while those to countries outside the EU jumped 19.4 percent. Meanwhile, imports declined 1.8 percent to EUR 37.25 billion, mainly dragged down by lower purchases of mineral fuels, lubricants and related products and machinery and transport equipment. Purchases from the EU plunged 7.3 percent while those from countries outside the EU rose 4.3 percent. In 2020, the country's trade surplus rose to EUR 58.05 billion from EUR 55.37 billion in 2019.
2021-02-16
Dutch Trade Surplus Widens in November
The Netherlands trade surplus widened to EUR 5.97 billion in November of 2020 from EUR 4.56 billion in the same month last year. Exports fell 6.9 percent to EUR 43.41 billion amid lower sales of mineral fuel, lubricants and related products and manufactured goods. Sales to the EU plunged 10.1 percent, while those to countries outside the EU jumped 19.3 percent. Meantime, imports declined at a softer 8.3 percent to EUR 37.43 billion. Purchases from the EU plunged 9.6 percent while those from countries outside the EU rose 0.7 percent. Considering the first eleven months of 2020, the country's trade surplus widened to EUR 53.37 billion from EUR 51.57 billion in the corresponding month of the previous year.
2021-01-14
Nerherlands Posts Largest Trade Surplus on Record
The Netherlands trade surplus widened to EUR 7.77 billion in October of 2020 from EUR 6.19 billion in the same month last year. It was the largest trade surplus since the series began in 1960. Exports fell 4.7 percent to EUR 44.48 billion amid lower sales of mineral fuel, lubricants and related products and manufactured goods. Sales to the EU tumbled 12.3 percent, while those to countries outside the EU jumped 11.9 percent. Meantime, imports declined at a faster 9.4 percent to EUR 36.72 billion. Purchases from the EU slumped 15.7 percent while those from countries outside the EU fell 2.4 percent. Considering the first ten months of 2020, the country's trade surplus widened slightly to EUR 48.13 billion from EUR 46.62 billion in the corresponding month of the previous year.
2020-12-14
Dutch Trade Surplus Narrows in September
The Netherlands trade surplus narrowed to EUR 5.80 billion in September of 2020 from EUR 5.31 billion in the same month last year. Exports fell 2.2 percent to EUR 42.33 billion, amid lower sales of mineral fuel, lubricants and related products and manufactured goods. Exports to the EU tumbled 10.3 percent, while those to countries outside the EU rose 16.1 percent. Meantime, imports declined at a faster 4.1 percent to EUR 36.54 billion, dragged down by reduced acquisitions of purchases of mineral fuels, lubricants and related products and chemical products. Among major trading partners, imports from the EU slumped 12.2 percent while those from countries outside the EU rose percent. Considering the first nine months of 2020, the country's trade surplus widened slightly to EUR 40.88 billion from EUR 40.30 billion in the corresponding month of the previous year.
2020-11-13

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.