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.

Balance of Trade in Netherlands averaged 1222.33 EUR Million from 1960 until 2019, 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. source: Statistics Netherlands

Balance of Trade in Netherlands is expected to be 4600.00 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 5050.00 in 12 months time. In the long-term, the Netherlands Balance of Trade is projected to trend around 3950.00 EUR Million in 2021, according to our econometric models.


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Netherlands Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
4593.00 4838.00 6491.00 -907.60 1960 - 2019 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-14 08:30 AM Sep €5.31B €3.81B €4.1B
2019-12-13 05:30 AM Oct €6.35B €5.383B €3.8B
2020-01-15 05:30 AM Nov €5.003B €6.394B
2020-02-13 08:30 AM Dec €4.59B €4.84B € 5.8B
2020-03-13 05:30 AM Jan €4.59B
2020-04-10 04:30 AM Feb
2020-05-15 07:30 AM Mar € 4.6B
2020-06-15 04:30 AM Apr


News Stream
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
Dutch Trade Surplus Narrows in November
The Netherlands trade surplus declined to EUR 5.0 billion in November 2019 from EUR 6.2 billion in the same month last year, as exports dropped 2.0 percent, due to sales of chemicals (-3.1 percent), manufactured goods (-4.8 percent), and fuels & lubricants (-17.1 percent). By contrast, exports increased for both machinery & transport equipment (1.7 percent) and food & live animals (1.8 percent). Among major trade partners, exports to the EU fell 4.8 percent, while those to countries outside the EU went up 4.6 percent. Meanwhile, imports increased 0.8 percent, boosted by purchases of machinery & transport equipment (8.5 percent), chemicals (0.1 percent), and food & live animal (2 percent). Conversely, imports fell for fuels & lubricants (-7.3 percent) and manufactured goods (-7.5 percent). Imports from non-EU countries rose 3.6 percent, while those from the EU decreased 1.6 percent.
2020-01-15
Netherlands Posts Largest Trade Surplus in 2-1/2 Years
The Netherlands trade surplus increased to EUR 6.35 billion in October 2019 from EUR 4.31 billion in the same month last year. This was the largest trade surplus since March 2017, as exports rose 4.0 percent to an all-time high boosted by sales of machinery & transport equipment (10.2 percent), food & live animals (6.0 percent), and chemicals (8.4 percent). In contrast, exports fell for both manufactured goods (-1.5 percent) and fuels & lubricants (-17.2 percent). Among major trade partners, exports to non-EU countries jumped 14.3 percent, while those to the EU went down 0.2 percent. Meanwhile, imports declined 0.6 percent due to purchases of fuels & lubricants (-25.2 percent) and manufactured goods (-5.0 percent). Conversely, imports rose for chemicals (3.5 percent) and machinery & transport equipment (8.9 percent). Imports from the EU were down 1.6 percent, while those from non-EU countries rose 0.5 percent.
2019-12-13
Dutch Trade Surlpus Narrows in September
The Netherlands trade surplus narrowed to EUR 5.31 billion in September 2019 from EUR 5.91 billion in the same month last year. Exports rose 3.1 percent boosted by sales of machinery & equipment (8.3 percent), manufactured goods (13.0 percent) and food & live animals (5.6 percent). In contrast, exports fell for both chemicals (-8.6 percent) and fuels & lubricants (-3.7 percent). Among major trade partners, exports grew to the EU (1.2 percent) and non-EU countries (7.4 percent). Meanwhile, imports increased at a faster 5.2 percent due to purchases of machinery & equipment (16.0 percent), manufactured goods (13.4 percent), chemicals (10.9 percent), and food & live animals (6.0 percent). Imports were up 5.2 percent from both the EU and non-EU countries.
2019-11-14

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.