Netherland’s trade surplus widened to EUR 5.1 billion in February 2019 from EUR 4.3 billion in the same month a year earlier. It was the largest trade surplus since November 2018, as exports rose more than imports. Exports went up 6.1 percent to EUR 41.1 billion, mostly due to higher sales of miscellaneous manufactured articles (8.8%); food and live animals (8.6%); machinery and transport equipment (7.8%); machinery & transport equipment (5.4%); and mineral fuels, lubricant and related products (4.6%). Exports to the EU went up 7 percent while those to outside the EU rose 4 percent. Imports increased 4.5 percent year-on-year to EUR 36 billion mainly driven by purchases of food & live animals (12.9%); machinery & transport equipment (7.5%); chemicals and related products, n.e.s (7.2%). Purchases from the EU increased 2.9 percent and those from outside the EU advanced 6.5 percent. Considering the first two months of the year, the trade balance recorded a surplus of USD 8 billion. 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
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 €2.87B €3.67B €2.5B
2019-04-12 04:30 AM Balance of Trade €5.13B €2.86B €3.4B
2019-05-15 07:30 AM Balance of Trade €5.13B €5.7B
2019-06-14 04:30 AM Balance of Trade €2.8B
2019-07-15 04:30 AM Balance of Trade €4.3B


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 5130.00 2862.00 6491.00 -907.60 EUR Million [+]
Current Account 27505.30 19373.90 27866.80 -14374.20 EUR Million [+]
Current Account to GDP 10.80 10.50 10.80 -1.00 percent [+]
Imports 35997.00 38622.00 40580.00 584.90 EUR Million [+]
Exports 41128.00 41484.00 44963.00 494.60 EUR Million [+]
External Debt 3921875.00 4085645.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 100.30 101.10 104.90 92.50 Index Points [+]
Capital Flows 25105.40 24486.10 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 15.00 16.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5130.00 2862.00 6491.00 -907.60 1960 - 2019 EUR Million Monthly




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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