The Netherlands trade surplus narrowed to EUR 4.13 billion in July 2019 from EUR 4.18 billion in the same month last year. Exports increased 4.6 percent year-on-year to EUR 42.26 billion driven by sales of machinery & equipment (6.5 percent); manufactured goods (2.0 percent); chemicals (5.9 percent); food (10.4 percent), while declines were seen in exports of fuels & lubricants (-12.8 percent). Shipments rose for both non-EU countries (5.6 percent ) and EU countries (4.1 percent). Meanwhile, imports went up at a faster 5.3 percent to EUR 38.13 billion, due to higher purchases of manufactured articles (5.7 percent); chemicals (9.6 percent); machinery & equipment (13.1 percent), and food (5.7 percent); while those of fuels & lubricants fell (-13.5 percent). Purchases increased from the EU (2.0 percent) and non-EU countries (9.1 percent). Balance of Trade in Netherlands averaged 1192.87 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.

Balance of Trade in Netherlands is expected to be 4100.00 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 3500.00 in 12 months time. In the long-term, the Netherlands Balance of Trade is projected to trend around 3950.00 EUR Million in 2020, according to our econometric models.

Netherlands Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-14 04:30 AM Balance of Trade Apr €4.15B €5.31B €2.8B
2019-07-15 04:30 AM Balance of Trade May €5.58B €4.05B €4.3B
2019-08-14 07:30 AM Balance of Trade Jun €5.158B €5.328B €4.1B
2019-09-12 04:30 AM Balance of Trade Jul €4.13B €4.779B €3.6B
2019-10-11 04:30 AM Balance of Trade Aug €4.13B €2.9B
2019-11-14 08:30 AM Balance of Trade Sep € 4.1B
2019-12-13 05:30 AM Balance of Trade Oct €3.8B


Netherlands Trade Last Previous Highest Lowest Unit
Balance of Trade 4127.00 4779.00 6491.00 -907.60 EUR Million [+]
Current Account 18079.00 28164.00 28164.00 -14374.20 EUR Million [+]
Current Account to GDP 10.80 10.50 10.80 -1.00 percent [+]
Imports 38131.00 36782.00 40540.00 584.90 EUR Million [+]
Exports 42258.00 41561.00 45377.00 494.60 EUR Million [+]
External Debt 3795904.00 3921875.00 4089607.00 1818325.30 EUR Million [+]
Terms of Trade 101.90 101.40 104.00 91.70 Index Points [+]
Capital Flows 19939.80 25105.40 38120.90 -21724.30 EUR Million [+]
Remittances 37.90 37.10 171.00 0.00 EUR Million [+]
Gold Reserves 612.45 612.50 911.82 612.45 Tonnes [+]
Terrorism Index 1.96 2.41 2.78 0.18 [+]
Weapons Sales 369.00 1132.00 1213.00 5.00 USD Million [+]
Crude Oil Production 13.00 15.00 87.00 11.00 BBL/D/1K [+]
Foreign Direct Investment -19677.00 -186670.00 189388.00 -186670.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4127.00 4779.00 6491.00 -907.60 1960 - 2019 EUR Million Monthly




Country Last Previous
Argentina 951.00 Jul/19
Australia 7268.00 Jul/19
Brazil 3280.00 Aug/19
Canada -1124.40 Jul/19
China 348.30 Aug/19
Euro Area 24789.70 Jul/19
France -4607.00 Jul/19
Germany 21449.00 Jul/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico -1117.00 Jul/19
Netherlands 4127.00 Jul/19
Russia 11224.00 Jul/19
Saudi Arabia 131636.00 Mar/19
Singapore 3787.85 Aug/19
South Africa -2880.82 Jul/19
South Korea 1723.00 Aug/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3191.93 Jul/19
United Kingdom -219.00 Jul/19
United States -53989.00 Jul/19


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