The trade surplus in the Netherlands increased to EUR 5.5 billion in May of 2022 from EUR 5.0 billion in the same month of the previous year, pointing to the largest trade surplus since last September, amid further solid global demand. Exports grew 37.6% yoy to EUR 62.4 billion, as shipment surged from both the EU countries (36.7%) and non-European countries (39.3%), while arrivals jumped 40.9% yoy to EUR 56.8 billion, with purchases rising for both the EU (28.1%) and countries outside the EU (53.5%). Considering the first five months of the year, the trade surplus narrowed to EUR 23.9 billion from EUR 27.9 billion in the same period of 2021. source: Statistics Netherlands

Balance of Trade in Netherlands averaged 1366.52 EUR Million from 1960 until 2022, reaching an all time high of 7073 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 August of 2022.

Balance of Trade in Netherlands is expected to be 4500.00 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 9450.00 EUR Million in 2023 and 8950.00 EUR Million in 2024, according to our econometric models.

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Netherlands Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-06-14 04:30 AM Apr €4.12B €4.93B €4.5B
2022-07-15 04:30 AM May €5.527B €4.636B €4.5B
2022-08-17 07:30 AM Jun €5.527B € 6.5B


Related Last Previous Unit Reference
Balance of Trade 5527.00 4636.00 EUR Million May 2022
Imports 56845.00 52743.00 EUR Million May 2022
Exports 62372.00 57380.00 EUR Million May 2022
Terms of Trade 97.30 100.70 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5527.00 4636.00 7073.00 -907.60 1960 - 2022 EUR Million Monthly

News Stream
Dutch Posts Largest Trade Surplus in 8 Months
The trade surplus in the Netherlands increased to EUR 5.5 billion in May of 2022 from EUR 5.0 billion in the same month of the previous year, pointing to the largest trade surplus since last September, amid further solid global demand. Exports grew 37.6% yoy to EUR 62.4 billion, as shipment surged from both the EU countries (36.7%) and non-European countries (39.3%), while arrivals jumped 40.9% yoy to EUR 56.8 billion, with purchases rising for both the EU (28.1%) and countries outside the EU (53.5%). Considering the first five months of the year, the trade surplus narrowed to EUR 23.9 billion from EUR 27.9 billion in the same period of 2021.
2022-07-15
Dutch Trade Surplus Smallest in 3 Months
The trade surplus in the Netherlands declined to EUR 4.1 billion in April of 2022 from EUR 4.6 billion in the same month of the previous year, pointing to the smallest trade surplus since January. Exports grew 22.6% yoy to EUR 56.8 billion, boosted by sales of machinery & transport equipment (2.3%), miscellaneous manufactured goods (5.0%), chemicals (16.5%), and mineral fuels, lubricants (127.9%). Sales to the EU countries surged 28.1% from a year earlier, while those to non-European countries increased by 12.8%. Meanwhile, imports rose at a faster 26.2% yoy to EUR 52.7 billion, supported by purchases of mineral fuels, lubricants (110.8%), miscellaneous manufactured goods (10.6%), chemicals (20.4%), and machinery & transport equipment (2.6%). Arrivals from the EU advanced 20.1%, while those from countries outside the EU jumped 32.1%. Considering the first four months of the year, the trade surplus narrowed to EUR 17.6 billion from EUR 22.9 billion in the same period of 2021.
2022-06-14
Dutch Trade Surplus Largest in 8 Months
The trade surplus in Netherlands inched up to EUR 6 billion in February of 2022 from EUR 5.9 billion in the same month of the previous year, pointing to the largest trade surplus since last June. Exports grew 17.3% yoy to EUR 49.4 billion, supported by sales of machinery & transport equipment (4.2%), miscellaneous manufactured goods (14.3%), chemicals (15.7%) and mineral fuels, lubricants (71.9%). Sales to the EU countries surged 22.8% from a year earlier, while those to non-European countries grew by 7.1 percent. Meanwhile, imports rose by 19.7% yoy to EUR 43.4 billion, boosted by purchases of mineral fuels, lubricants (63.6%), miscellaneous manufactured goods (10.7%), chemicals (35.5%), and machinery & transport equipment (29.8%). Arrivals from the EU advanced 19.8%, while those from countries outside the EU increased 19.7%. Considering the first two months of the year, the trade surplus narrowed to EUR 10.6 billion from EUR 11.5 billion in the same period of 2021. .
2022-04-11