What are the Netherlands major imports and exports?
Top
- Electrical machinery, equipment: US$97.4 billion (16.3% of total imports)
- Machinery including computers: $85.7 billion (14.4%)
- Mineral fuels including oil: $63.6 billion (10.7%)
- Pharmaceuticals: $35.1 billion (5.9%)
- Vehicles: $34.2 billion (5.7%)
- Optical, technical, medical apparatus: $27.6 billion (4.6%)
What is Netherlands main export?
Exports: The top exports of Netherlands are Refined Petroleum ($46.2B), Packaged Medicaments ($18.1B), Broadcasting Equipment ($16.6B), Photo Lab Equipment ($10.7B), and Computers ($10.7B), exporting mostly to Germany ($106B), Belgium ($65.7B), United Kingdom ($48.5B), France ($37B), and United States ($26.6B).
Where does Netherlands import from?
By 2017, the Netherlands will mainly import products from Germany, China and Russia, which together account for 39% of total imports of the Netherlands. The Netherlands’s main export markets will be Germany, Belgium and France. Together these countries will account for 52% of total exports in 2017.
Who does the Netherlands trade with the most?
Germany
List of the largest trading partners of the Netherlands
| Rank | Country | Export (2016) |
|---|---|---|
| 1. | Germany | 80 |
| 2. | Belgium Luxembourg | 59 |
| 3. | United Kingdom | 44 |
| 4. | France | 26 |
Does Netherlands import food?
As of 2017, fruit was the top agri-food import products in the Netherlands, with fruit imports worth roughly six billion euros. Meat, dairy and egg imports combined accounted for just under eight billion euros in 2017, with meat imports ranked last in the top five agricultural and food imports to the Netherlands.
What makes Netherlands Rich?
The Netherlands is the second largest exporter of agricultural goods in the world after the United States and has one of the most advanced food industries on the planet. By revenue from the export of agricultural goods, the Netherlands takes the first place in Europe and second in the world only to the United States.
What are the top 10 imports from the Netherlands?
Netherlands’ top 10 imports accounted for about two-thirds (66.5%) of the overall value of its product purchases from other countries. Imported pharmaceuticals garnered the fastest-growing increase in value among the Netherlands’ top 10 import categories, up 91.5% from 2019 to 2020.
Who are the main export partners of the Netherlands?
Now all this may lead one to ask, who are the main export trading partners with the Netherlands. Well, the answer is Germany at around 24 percent, next door neighbor Belgium with about 12, France and the United Kingdom. However, they do quite a bit of trade with the United States, Italy and Japan too.
How much does the Netherlands export per year?
In macroeconomic terms, the Netherlands’ total exported goods represent 68.4% of its overall Gross Domestic Product for 2020 ($986.8 trillion valued in Purchasing Power Parity US dollars). That 68.4% for exports to overall GDP in PPP for 2020 compares to 70.6% for 2019.
Are there any import duties in the Netherlands?
Imported goods are subject to import duties and unsafe goods may be banned. Exporting companies have the option to secure their foreign transactions with the export credit insurance. The Netherlands has an export-oriented economy and more than two-thirds of its GDP derives from merchandise trade.