The Netherlands trade surplus widened to EUR 4.52 billion in August of 2021 from EUR 3.80 billion in the same month of the previous year. Exports surged 25.5 percent to EUR 44.82 billion, amid higher sales of machinery & transport equipment (12.2%), miscellaneous manufactured goods (15.3%), chemicals (31.9%) and mineral fuels, lubricants (99.7%). Sales to the EU soared 28.9 percent, while those to countries outside the EU rose 19.4 percent. Meanwhile, imports advanced at a faster 26.3 percent to EUR 40.30 billion, driven by purchases of mineral fuels, lubricants (87.7%), miscellaneous manufactured goods (18.0%), chemicals (38.1%), and machinery & transport equipment (8.2%). Purchases from the EU grew by 22.6 percent, while those from countries outside the EU were up 29.7 percent. Considering the first eight months of the year, the trade surplus widened to USD 43.26 billion from USD 35.35 billion in the same period of 2020. source: Statistics Netherlands

Balance of Trade in Netherlands averaged 1328.86 EUR Million from 1960 until 2021, reaching an all time high of 6943 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 October of 2021.

Balance of Trade in Netherlands is expected to be 3850.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Balance of Trade is projected to trend around 2740.00 EUR Million in 2022 and 2550.00 EUR Million in 2023, according to our econometric models.

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Netherlands Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-09-10 04:30 AM Jul €5.836B €6.674B €6.9B
2021-10-12 04:30 AM Aug €4.521B €5.788B €4.5B
2021-11-16 08:30 AM Sep €4.521B € 4.1B


Related Last Previous Unit Reference
Balance of Trade 4521.00 5788.00 EUR Million Aug/21
Imports 40303.00 41849.00 EUR Million Aug/21
Exports 44824.00 47637.00 EUR Million Aug/21
Terms of Trade 101.00 101.70 points Aug/21

News Stream
Dutch Trade Surplus Widens in August
The Netherlands trade surplus widened to EUR 4.52 billion in August of 2021 from EUR 3.80 billion in the same month of the previous year. Exports surged 25.5 percent to EUR 44.82 billion, amid higher sales of machinery & transport equipment (12.2%), miscellaneous manufactured goods (15.3%), chemicals (31.9%) and mineral fuels, lubricants (99.7%). Sales to the EU soared 28.9 percent, while those to countries outside the EU rose 19.4 percent. Meanwhile, imports advanced at a faster 26.3 percent to EUR 40.30 billion, driven by purchases of mineral fuels, lubricants (87.7%), miscellaneous manufactured goods (18.0%), chemicals (38.1%), and machinery & transport equipment (8.2%). Purchases from the EU grew by 22.6 percent, while those from countries outside the EU were up 29.7 percent. Considering the first eight months of the year, the trade surplus widened to USD 43.26 billion from USD 35.35 billion in the same period of 2020.
2021-10-12
Dutch Trade Surplus Widens in July
The Netherlands trade surplus widened to EUR 5.84 billion in July of 2021 from EUR 5.29 billion in the same month of the previous year. Exports surged 18.3 percent to EUR 47.54 billion, amid higher sales of machinery & transport equipment (6.2%), miscellaneous manufactured goods (13.9%), chemicals (21.8%) and mineral fuels, lubricants (71.1%). Sales to the EU soared 27.8 percent, while those to countries outside the EU rose 3.4 percent. Meanwhile, imports advanced at a faster 19.5 percent to EUR 41.70 billion, driven by purchases of mineral fuels, lubricants (79.8%), miscellaneous manufactured goods (10.7%), chemicals (29.0%), and machinery & transport equipment (3.8%). Purchases from the EU grew by 35.3 percent, while those from countries outside the EU were up 31.5 percent. Considering the first seven months of the year, the trade surplus widened to USD 38.93 billion from USD 31.55 billion in the same period of 2020.
2021-09-10
Dutch Trade Surplus Largest in 8 Months
The Netherlands trade surplus widened to EUR 6.46 billion in June of 2021 from EUR 3.94 billion in the same month of the previous year. It was the largest trade surplus since last October, as exports surged 27.6 percent to EUR 50.08 billion, amid higher sales of machinery & transport equipment (19.1), miscellaneous manufactured goods (24.8 percent), chemicals (35 percent) and mineral fuels, lubricants (64.4 percent). Meanwhile, imports advanced at a slower 23.6 percent to EUR 43.62 billion, driven by purchases of mineral fuels, lubricants (72.6 percent), chemicals (27.9 percent) and machinery & transport equipment (7.6 percent).
2021-08-17

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.