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Monitor Report of NETHERLANDS trade and NETHERLANDS-China binational trade in 202003

 1.  Overview the trade of NETHERLANDS in goods current year until 202003

According to Dalian Infobank, in 202003NETHERLANDS's exports and imports of goods amounted to 107796.1287 million, and were down 9.19% comparing with the same period of last year. Among these, exports were down 9.07% at 57654.5382 million, and imports were down 9.33% at 50141.5905 million. And the corresponding trade surplus was 7512.9478 million and down 7.29%.

During the current year until 202003, NETHERLANDS's total exports and imports of goods were 323246.5390 million and were down 4.49% comparing to the same period of last year. Among these, exports were 171868.7103 million and down 3.88%; imports were 151377.8287 million and down 5.18%. The total trade surplus was 20490.8815 million and up 6.88%.

If considering by country (region), GERMANY, BELGIUM, CHINA, UNITED STATES, UNITED KINGDOM were NETHERLANDS's top five trading partners. During the current year until 202003, NETHERLANDS's imports and exports to five countries/territories were 60134.9749 million, 29533.0939 million, 25582.2275 million, 21411.4716 million, 19463.7004 million. These values correspond to 18.60%, 9.14%, 7.91%, 6.62%, 6.02% of NETHERLANDS's imports and exports, and, respectively, were down 3.69%, down 5.49%, down 0.42%, up 5.24%, down 20.68% comparing to the same period of last year.

Current year until 202003, NETHERLANDS and the top five trade partners GERMANY, BELGIUM, FRANCE, UNITED KINGDOM, UNITED STATES are the top five countries/territories that NETHERLANDS exports to in terms of the total export amount. During the current year until 202003, NETHERLANDS's exports to these five countries/territories were 38184.1038 million, 17608.1380 million, 13442.1502 million, 12674.8252 million, 8210.8364 million. These values correspond to 22.22%, 10.25%, 7.82%, 7.37%, 4.78% of NETHERLANDS's exports and, respectively, were down 3.04%, down 6.76%, down 5.08%, down 22.07%, up 7.17% comparing with the same period of last year.

Current year until 202003, NETHERLANDS's exports to top five countries/territories GERMANY, CHINA, UNITED STATES, BELGIUM, UNITED KINGDOM are the top five countries/territories that NETHERLANDS imports from in terms of the total export amount. During the current year until 202003, NETHERLANDS's imports from these five countries/territories were 21950.8711 million, 21653.7807 million, 13200.6352 million, 11924.9559 million, 6788.8752 million. These values correspond to 14.50%, 14.30%, 8.72%, 7.88%, 4.48% of NETHERLANDS's total imports and, respectively, were down 4.80%, down 1.84%, up 4.07%, down 3.56%, down 17.95% comparing with the same period of last year.

During the current year until 202003, the trade surplus of NETHERLANDS was mainly from GERMANY, FRANCE, UNITED KINGDOM, BELGIUM, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF INTRA-EU TRADE at 16233.2327 million, 8762.2396 million, 5885.9500 million, 5683.1820 million, 4580.7438 million, and down 0.55%, down 1.26%, down 26.32%, down 12.83%, down 30.26%. And the trade deficits were mainly from CHINA, UNITED STATES, RUSSIA, MALAYSIA, VIETNAM at 17725.3338 million, 4989.7989 million, 2449.5279 million, 2113.2140 million, 1762.8605 million, and down 3.82%, down 0.65%, down 49.73%, up 58.40%, up 42.39%.

Current year until 202003, NETHERLANDS's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 84, 85, 27, 30, 87, were NETHERLANDS's top five traded commodities. They correspond to the import and export values of 44736.1784 million, 43996.4547 million, 39579.1211 million, 22432.9698 million, 16094.2807 million, which were down 2.96%, up 7.79%, down 23.15%, up 2.09%, down 8.19% comparing with the same period of last year and account for 13.84%, 13.61%, 12.24%, 6.94%, 4.98% of NETHERLANDS's total imports and exports.

During the current year until 202003, 84, 85, 27, 30, 90 were NETHERLANDS's top five traded commodities, with total import and export values of 24463.6905 million, 21493.4395 million, 19038.9701 million, 13584.9966 million, 9070.8609 million. These values correspond to 14.23%, 12.51%, 11.08%, 7.90%, 5.28% of NETHERLANDS's total exports and, respectively, were down 1.88%, up 4.87%, down 22.83%, up 4.07%, up 1.85% comparing to the same period of last year.

During the current year until 202003, 85, 27, 84, 87, 30 were NETHERLANDS's top five traded commodities, with total import values of 22503.0152 million, 20540.1510 million, 20272.4880 million, 8873.9206 million, 8847.9731 million. These values correspond to 14.87%, 13.57%, 13.39%, 5.86%, 5.84% of NETHERLANDS's total exports and, respectively, were up 10.74%, down 23.45%, down 4.23%, down 6.56%, down 0.82% comparing to the same period of last year.


2. Current year until 202003, NETHERLANDS binational trade profile

According to Dalian Infobank, during the current year until 202003, NETHERLANDS-China binational exports and imports of goods amounted to 25582.2275 million and were down 0.42% comparing with the same period of last year. Among these, exports from NETHERLANDS to China were 3928.4468 million and up 8.19%, imports from China to NETHERLANDS were 21653.7807 million and down 1.84%. The total binational trade deficit was 17725.3338 million and down 3.82%.

During the urrent year until 202003, commodities with hs2 code, 85, 84, 90, 39, 94, were binational trade's top five traded commodities. They correspond to import and export values of 9075.7824 million, 7406.4664 million, 870.5882 million, 687.8901 million, 625.7334 million and makes up 35.48%, 28.95%, 3.40%, 2.69%, 2.45% of the total binational imports and exports. These values were also up 11.29%, down 4.71%, down 1.65%, up 11.36%, down 2.43% comparing to the same period last year.

During the current year until 202003, 84, 30, 19, 90, 39 were the top five traded commodities exported to China from NETHERLANDS, with export values of 883.4271 million, 412.6981 million, 406.4043 million, 388.5566 million, 309.0506 million. These values account for 22.49%, 10.51%, 10.35%, 9.89%, 7.87% of NETHERLANDS's total exports and were up 22.16%, up 34.29%, up 16.20%, down 9.03%, up 66.42% comparing to the same period of last year.

During the current year until 202003, 85, 84, 94, 90, 29 were NETHERLANDS's top five traded commodities importing from China , with import values of 8841.8784 million, 6523.0393 million, 601.0987 million, 482.0316 million, 444.3042 million. These values account for 40.83%, 30.12%, 2.78%, 2.23%, 2.05% of NETHERLANDS's total imports and were up 11.91%, down 7.46%, down 4.06%, up 5.22%, down 7.57% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat