The trade surplus in the Netherlands widened to EUR 7.0 billion in November of 2018 from EUR 5.2 billion in the same month of the previous year. It was the largest trade surplus since May 1993, as exports rose more than imports. Exports went up 5.8 percent from a year earlier to EUR 44.7 billion, mainly due to sales of fuels & lubricants (21.1%); machinery & transport equipment (4.4%); chemicals (3.9%), and manufactured goods (2.8%). Exports to the EU increased 5.5 percent while those to countries outside the EU rose 6.5 percent. Imports advanced at a softer 1.7 percent to EUR 37.7 billion, boosted by purchases of fuels & lubricants (1.7%); machinery & transport equipment (3.0%); manufactured goods (4.1%). Imports from the EU decreased 2.4 percent and those from countries outside the EU went up 7.0 percent. Considering January-November 2018, the surplus was recorded at EUR 49.5, compared to a EUR 54.9 billion surplus in the same period of 2017. Balance of Trade in Netherlands averaged 1159.22 EUR Million from 1960 until 2018, reaching an all time high of 6983 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
2018-10-11 04:30 AM Balance of Trade €3.46B €4.35B €3.8B
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 €6.98B € 4.5B
2019-03-15 05:30 AM Balance of Trade
2019-04-12 04:30 AM Balance of Trade


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 6983.00 4916.00 6983.00 -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 37695.00 39980.00 39980.00 584.90 EUR Million [+]
Exports 44678.00 44896.00 44896.00 494.60 EUR Million [+]
External Debt 4085645.00 4050746.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 99.60 100.50 104.90 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 2.41 0.86 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6983.00 4916.00 6983.00 -907.60 1960 - 2018 EUR Million Monthly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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