Netherland’s trade surplus narrowed to EUR 3.6 billion in December 2018 from EUR 3.7 billion in the same month a year earlier. Imports increased 2.1 percent year-on-year to EUR 35.1 billion mainly driven by purchases of food & live animals (3.4 percent); mineral fuels, lubricants & related (3.1 percent); manufactured goods (5.1 percent); machinery & transport equipment (1.7 percent) and miscellaneous manufactured articles (5.8 percent). Purchases from the EU decreased 1.4 percent and those from outside the EU advanced 6.5 percent. Exports rose 1.6 percent to EUR 38.7 billion, mostly due to higher sales of chemicals & related products (3 percent); manufactured goods (2.6 percent); machinery & transport equipment (4.3 percent) and miscellaneous manufactured articles (7.6 percent). Exports to the EU fell 0.1 percent while those to outside the EU went up 5.5 percent. Considering full 2018, the country’s trade surplus fell to EUR 53.2 billion from EUR 58.6 billion in 2017. Balance of Trade in Netherlands averaged 1162.85 EUR Million from 1960 until 2018, reaching an all time high of 7096 EUR Million in November of 2018 and a record low of -907.60 EUR Million in May of 1993.

Balance of Trade in Netherlands is expected to be 6700.00 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 4780.00 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
2018-11-14 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
2019-01-15 05:30 AM Balance of Trade €6.98B €4.92B €5.5B
2019-02-14 08:30 AM Balance of Trade €3.57B €7.1B €4.5B
2019-03-15 05:30 AM Balance of Trade €3.57B
2019-04-12 04:30 AM Balance of Trade
2019-05-15 07:30 AM Balance of Trade


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 3572.00 7096.00 7096.00 -907.60 EUR Million [+]
Current Account 20484.80 16824.10 27870.20 -14371.20 EUR Million [+]
Current Account to GDP 10.20 8.50 10.40 -1.00 percent [+]
Imports 35147.00 37566.00 40079.00 584.90 EUR Million [+]
Exports 38719.00 44662.00 44761.00 494.60 EUR Million [+]
External Debt 4085645.00 4050746.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 99.40 99.70 104.90 92.50 Index Points [+]
Capital Flows 24486.10 17154.80 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 1.96 2.41 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3572.00 7096.00 7096.00 -907.60 1960 - 2018 EUR Million Monthly




Country Last Previous
Argentina 372.00 Jan/19
Australia 3681.00 Dec/18
Brazil 2190.00 Jan/19
Canada -2060.10 Nov/18
China 391.60 Jan/19
Euro Area 16990.70 Dec/18
France -4653.00 Dec/18
Germany 13900.00 Dec/18
India -14730.00 Jan/19
Indonesia -1159.50 Jan/19
Italy 3658.00 Dec/18
Japan -1415.36 Jan/19
Mexico 1836.32 Dec/18
Netherlands 3572.00 Dec/18
Russia 18856.00 Dec/18
Saudi Arabia 184673.00 Sep/18
Singapore 2415.21 Jan/19
South Africa 17167.41 Dec/18
South Korea 1336.00 Jan/19
Spain -3247399.00 Dec/18
Switzerland 1388.18 Jan/19
Turkey -2674.41 Dec/18
United Kingdom -3229.00 Dec/18
United States -49313.00 Nov/18


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