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.