The Netherlands' top 10 exports accounted for almost two-thirds (65.2%) of the overall value of its global shipments. Netherlands's Top Exports in 2020: 6.3% ($34 billion): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils. Exports of Netherlands increased from 16,647 million US dollars in 1971 to 719,780 million US dollars in 2020 growing at an average annual rate of 8.63%. Discover the top import flows of Cocoa Bean in 2020. Netherlands ranks No. Netherlands - OECD Data The Dutch export of agricultural goods is estimated at 95.6 billion euros for 2020, which is one percent higher than in 2019, according to an annual survey. Green hydrogen costs are expected to fall from US$ 3.5 -7.5/kg in 2020 to US$ 1.6- 2.2/kg by 2030. Netherlands: Report on the Dutch Economy - 19 February ... Exports of goods and services (% of GDP) - Netherlands | Data The report is based on World Bank national accounts data, and OECD National Accounts data files. Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents . Ornamental plants and flowers are the hottest export items for the Netherlands, raking in about €5.8 billion in 2019. Aggregates. Dutch live animal exports reached €1.8 BN in 2020. 10 overall in the U.S. News Best Countries ranking. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. Economy 2020. As per Netherlands import data, Netherlands' imports totaled USD 514 billion in 2019. Forecasts | CPB.nl The United States and the Netherlands have a strong bilateral relationship, based on close historical, cultural, and commercial ties. The latest macroeconomic forecast for Netherlands. The Hague, the Netherlands, June 3rd 2020: All countries must measure and share data on the circularity of their economies if the world is to prevent global climate disaster, warns Circle Economy as it publishes its latest report, The Circularity Gap Report, the Netherlands. The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a consistently high trade surplus, stable industrial relations, and low unemployment. After . While the first wave of the coronavirus pandemic dealt an unprecedented blow to the Dutch economy, the Netherlands is still doing better than many other European countries, Statistics Netherlands reported on Tuesday. Netherlands Economy 2020, CIA World Factbook Explore photos, statistics and additional rankings of Netherlands. Netherlands Economy - GDP, Inflation, CPI and Interest Rate After the virus hit the Netherlands in the spring of 2020, the government reacted cautiously. GDP fell 8.5% quarter-on-quarter on a seasonally-adjusted basis in Q2 (Q1: -1.5% qoqsa), with the economy entering recession for the first time since the second half of 2012. Exports up by over 8 percent in July. Netherlands Trade Statistics | WITS Exports of goods and services (% of GDP) - Netherlands. UK trading partners and trade relationships: 2020 Preliminary data shows the Dutch exports for 2020 were down more than 5% on 2019, with particularly large decreases during the first wave in spring 2020 being followed by a small recovery in autumn. Following a historical contraction in gross domestic product (GDP) of 3.7% in 2020, the Dutch economy is expected to recover strongly and rapidly, starting in the second quarter of 2021. The economy of the Netherlands is the 17th largest in the world in 2021 (in terms of Gross domestic product; GDP) according to the World Bank and the International Monetary Fund.Its GDP per capita was estimated at roughly $57,101 in the fiscal year 2019/20, which makes it one of highest-earning nations in the world (see list of countries by GDP (PPP) per capita). Exports to the Dominican Republic increased by 1.3 MMst, more than double its 2019 U.S. coal imports and the largest increase of all export destinations. That is a 4.6% increase on the €90.4 billion export figure for 2018. Research expert covering Furniture, DIY and Garden & Patio. 1-Year Growth in Import Value. Netherlands Country Profile - Food Export Dutch goods trade above pre-pandemic level in first half of 2021. This statistic shows the value of goods exports from the Netherlands from 2010 to 2020. However, the course of the COVID-19 pandemic is likely to cause punctual setbacks, as it was already the case in 2020. The Netherlands is aiming for a rapid transition to a carbon-neutral economy that supports strong economic growth and energy security. Netherlands. August projections 2020-2021. The European Commission publishes a full set of macroeconomic forecasts for the EU and its Member States in spring (May) and autumn (November) and publishes interim forecasts updating GDP and inflation figures in winter (February) and summer (July). On May 8, 2020, PBL published a report on the Availability and Applications of Sustainable Biomass. The Dutch punch above their weight by ranking as the most competitive economy in Europe and fourth in the world according to the World Economic Forum , the fourth most competitive nation in the 2020 IMD rankings and fifth in the 2020 Global Innovations Index. Negative Dutch GDP growth in 4Q means record decline in 2020. None. Netherlands had a total export of 576,784,455.41 in thousands of US$ and total imports of 514,857,687.78 in thousands of US$ leading to a positive trade balance of 61,926,767.63 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Netherlands is 1.94% and the Most Favored Nation (MFN) Weighted Average tariff is 2.87%.The trade growth is -2.28% compared to a . December 19, 2019 05/11/2021 15:00. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. On an annual basis, the Dutch economy shrank 9.3 . Exports in Netherlands averaged 14718.63 EUR Million from 1960 until 2021, reaching an all time high of 51919 EUR Million in September of 2021 and a record low of 494.60 EUR Million in January of 1960. The Netherlands, France, Germany and the United Kingdom were the biggest importers in 2020 with a combined volume of 719,000 barrels per day, a rise of 13% from 2019. IMPACT OF COVID-19: As of December 1, 2020, 9,518 deaths had been attributed to the pandemic in the Netherlands, and the economy was forecast to contract by 5.4 percent for the year. The $2.846 billion recorded for 2020 accounts for 19.67% of the country's . Moreover, most of the products we export go to our neighbouring countries. Though Netherlands high-technology exports fluctuated substantially in recent years, it tended to increase through 2010 - 2019 period ending at 87,120 million US dollars in 2019. Imports are expected to double again this year based on the co . The domestic economy is expected to remain resilient through a tight labour market. These exports generated an estimated total amount of 41.9 billion euros in net earnings for the Dutch economy. Industry focuses on food processing, chemicals, petroleum refining, and electrical machinery. Get in touch with us now. Netherlands Environmental Assessment Agency (known by its Dutch acronym of PBL) to investigate the available supply and economic viability of biomass for the Dutch economy. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. What did Netherlands export in 2020? Netherlands: Economy grows at softer pace in Q3, but returns to pre-pandemic levels. The conditions for reviving the economy are in place for 2021. Netherlands Exports By Country - was last updated on Tuesday, January 4, 2022. Pharmaceuticals represent the fastest grower among the top 10 export categories, up by 64.5% from 2019 to 2020. Netherlands: Economy contracts at record-breaking pace in Q2. This summary lists only the United States' primary trading partners. Based on the average exchange rate for 2020, the Netherlands uses the euro which appreciated by 3.1% against the US dollar since 2016 and increased by 2% from 2019 to 2020. The euro zone's . Line Bar Map. The Netherlands' top export destinations are Germany ($111 billion), Belgium-Luxembourg ($71.3 billion), the United Kingdom ($50.7 billion), France ($38.3 billion), and the United States ($25.3 billion).. Netherlands' Top Imports. It'll be a time to create, collaborate and innovate. Netherlands Exports 1969-2021. To drive this transition, the government's energy and climate policy focuses on bringing down greenhouse gas emissions, with targets to reduce them by 49% by 2030 and by 95% by 2050, compared with 1990 levels. According to the latest figures, in 2018 the Netherlands was visited by 18.8 million international overnight visitors, with the largest proportion originating from neighbouring countries. Consumer confidence fell to minus 19.0 in November from October's minus 10.0. Shutterstock. In January 2020 the Netherlands introduced tax of €31 per tonne on the import of waste for incineration (picture: Shutterstock) In January 2020 the Netherlands introduced tax of €31 per tonne on the import of waste for incineration (see letsrecycle.com story).Mr Corijn identified the tax as a major factor behind the reduction in exports and urged the Dutch government to overturn the policy. Exports to Germany are the highest, at nearly €742 million. Report: Netherlands to double wood pellet imports in 2020. Again, including from European . Get in touch with us now. Economy: The economy of the Netherlands is expected to slow down in 2020 due to declining global demand for European goods. 12/10/2021 15:00. This statistic displays the value of the import and export of vinegar to and from the Netherlands from 2008 to 2020. Exports in Netherlands decreased to 51001 EUR Million in October from 51675 EUR Million in September of 2021. Netherlands Import Data. On a global scale, you could call that regional production. Source: WTO Secretariat.-7.5% Fuels and mining exports declined by 7.5 per cent in 2019, mostly due to a large fall in energy prices (a decline of 17 per cent). It is estimated that total agricultural exports amounted to 95.6 billion euros in 2020, which is a new record. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Forecasts for the coming months are positive, despite the current restrictions in place. , Jul 20, 2021. The top import flow in 2020 was from Netherlands to Ivory Coast, with an import value of USD 1.21B. 2019-2020. Netherlands: Consumer confidence turns more pessimistic in November. It shows that in 2020, with a value of approximately 71 million euros, the import value was higher than the export value. In 2019, high-technology exports for Netherlands was 87,120 million US dollars. The Netherlands is the second biggest agricultural exporter worldwide. The USA was the largest export destination in 2020, accounting for €49,845 million or 31% of total exports. The Dutch economy has proven time and time again to be a powerhouse on the global stage. Our real GDP growth forecast for the Netherlands in 2020 is -7.5 percent, the same as for the euro area, and somewhat weaker than the forecasts for the UK, Germany and France—and with a more gradual recovery in 2021. AMSTERDAM, Aug 17 (Reuters) - The Dutch economy looks set for a less dramatic fall in 2020 than previously anticipated, economic policy adviser CPB said on Monday. 2020, USD. The Netherlands is already a frontrunner in the global race to circularity, but this study uncovers sectors where hardwired linear conduct is embedded. The sector directly contributes to 4.4% of total GDP. November 22, 2021. The value of exports of commodity group 1801 "Cocoa beans, whole or broken, raw or roasted." from Netherlands totalled $ 213 million in 2020.Sales of commodity group 1801 from Netherlands decreased by 51% in value terms compared to 2019. exports of commodity group 1801 "Cocoa beans, whole or broken, raw or roasted." decreased by $ 229 million (cumulative exports of commodity group 1801 from . Production area increases. Last year, Dutch farmers exported live animals worth €1.8 billion. World Trade Statistical Review 2020 License : CC BY-4.0. The Netherlands emerged as the largest market in Europe for Ghana's NTEs in 2020, recording US$383.10 million, a rise of 0.52% over 2019 earnings. Travel exports accounted for 7.6% of total service exports in 2018. In 2020, around 674.47 . • Decarbonisation policies, particularly in Europe, pose a risk to the GCC's exports of hydrocarbons and energyintensive - materials. This may have to do with the Netherlands' "intelligent . 2020 : U.S. trade in goods with Netherlands NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Renewed growth in Dutch economy from third quarter onwards, but downturn will reverberate. Moreover, the print marked an all-time low. According to the latest figures, in 2018 the Netherlands was visited by 18.8 million international overnight visitors, with the largest proportion originating from neighbouring countries. But due to the developments around the coronavirus, economic growth in our country is expected to fall from 1.7 percent in 2019 to 0.7 percent in 2020. Merchandise Trade statistics data for Netherlands (NLD) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. In second place for improving export sales was electrical machinery and equipment via a 55.8% gain. Around two-thirds of this growth is due to an increase in export prices, while a third is due to higher export volume. On March 23, 2020, Dutch Customs Authorities updated their last revised communique from November 18, 2019. Read more. Dutch prime minister Mark Rutte. Over the past 5 years, Ghana's non-traditional exports sector has recorded an annual average growth rate of 2.55%. Overview In August 2021 Netherlands exported €42.2B and imported €39.6B, resulting in a positive trade balance of €2.62B.Between August 2020 and August 2021 the exports of Netherlands have increased by €8.52B (25.3%) from €33.7B to €42.2B, while imports increased by €8.99B (29.4%) from €30.6B to €39.6B. Real GDP was recorded at 1.5%, falling from 1.7% in 2018. In 2020, exports for Netherlands was 719,780 million US dollars. , Jul 20, 2021. Unemployment would double, but, although public finances would be severely impacted, they would not enter . Last year saw not only an increase in the . Like the impact domestically, the effects of the crisis on . June forecast 2020. Dutch Traders are Key in Distributing U.S. Exports Throughout the EU Although the Netherlands is a small country geographically, it is the perfect gateway for U.S. products into the EU due to the presence of the Port of Rotterdam, Amsterdam Schiphol Airport, the confluence of two European Data include intra-EU trade of the European Union, exclude re-exports of Hong Kong, China. Exports to non-EU countries (excluding the UK) were valued at €82,457 million in 2020, which is an increase of €2,360 million (+3%) on the 2019 level of exports. Import Value. Earlier this year, Circle Economy's study The Circularity Gap Report 2020, found that the global economy is only 8.6% . GDP is expected to have grown by 3.0% in 2021, 3.7% in 2022 and 1.9% in 2023, on the assumption that the social distancing measures will gradually be relaxed . 4Q20 Dutch GDP came in better than expected. Exports up by 5 percent in August. The COVID-19 pandemic in the Netherlands is part of the ongoing pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).The virus was confirmed to have spread to the Netherlands on 27 February 2020, when its first COVID-19 case was confirmed in Tilburg. Given that social distancing measures were tightened further leading to the second lockdown in mid-December, FY20 GDP was 3.8% lower YoY, worse than what we saw in 2009. Overall, agricultural exports generated a whopping €94.5 billion for the Dutch economy last year. Comparing the Netherlands with other economies. It shows that in 2020, the value of the Netherlands' imports was higher than the value of the exports. In our main scenario, we expect all of the major economies to grow, buoyed, in part, by accommodative financial conditions. Netherlands trade data shows Netherlands was 8th largest importer country around the world during 2020. Why? When we compare the Netherlands and Canada, there are some remarkable similarities and differences. The Netherlands doubled its wood pellet imports to a record 1.22 million metric tons in 2019, according to a report recently filed with the USDA Foreign Agricultural Service's Global Agricultural Information Network. Forecasts for the coming months are positive, despite the current restrictions in place. 2001-2020 Netherlands (red) Exports % of GDP 2020 Netherlands (red) Find all indicators on Economy. News item | 17-01-2020 | 07:37. This statistic displays the value of the import and export of whisky to and from the Netherlands from 2008 to 2020 (in thousand euros). Like the impact domestically, the effects of the crisis on . EDPR profile of the Netherlands: Download PDF (EN) or Download PDF (NL) EDPR telecom factsheets: Download PDF (EN) Digital Economy and Society Index 2017. U.S. coal exports to Japan decreased by 45% and to the Netherlands by 43%. Economic forecast for Netherlands. Dairy products, eggs, meat, and vegetables profit over €3.5 billion each. How to interpret the graph: The purpose of this graph is to take a snapshot of a country's economy in comparison to other economies. Canada ranks fifth. In our main scenario for 2020, we expect the global economy to expand at a rate of around 3.2% in purchasing power parity ("PPP") terms which is below the 21st century average of 3.8% per annum. The Dutch export surplus grew to US$38.2 billion, US$300 million more than in 2019. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information . The Netherlands is the seventeenth largest economy in the world and the fifth largest in the European Monetary Union (the Eurozone), with a gross domestic product (GDP) of $912 billion in 2020. Research expert covering historical data. Of this, 167 million tonnes are never cycled back into the economy. In 2019, the Netherlands exported €94.5 billion worth of agricultural goods. In 2018, the overall agricultural production in the country peaked, including oilseeds and pulses, fruits and vegetables, cereals and grains, commercial crops, and roots and tubers, at 42,121 thousand metric ton. The 2020 U.S. Dutch economy outperforming others because of "intelligent lockdown". Trade Flow. The Dutch economy in 2020 is expected to shrink at the fastest rate recorded in peacetime as lockdowns have crippled production and exports and are set to send unemployment to the highest level in . The UK exported more oil to the Netherlands than to any other country in the first half of 2020, with 37.3% of all UK oil exported to the Netherlands in Quarter 1 2020 and 38.8% in Quarter 2 2020. June 16, 2020. The market for agriculture in Israel is projected to witness a CAGR of 5.50% during the forecast period (2020-2025). 18/10/2021 15:00. August 14, 2020. In 2020, Dutch exports of consumer-oriented products grew to US$83.6 billion while imports totaled US$45.4 billion. In 2020, the value of the tulip bulb export was just over 220 million euros. November 16, 2021 Here is a breakdown of the most important products imported by the Netherlands, both commodities and other notable imports.
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