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. source: Statistics Netherlands
Balance of Trade in Netherlands averaged 1360.43 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 June of 2022.
Balance of Trade in Netherlands is expected to be 6550.00 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.