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Monitor Report of NETHERLANDS trade and NETHERLANDS-China binational trade in 202004

 1.  Overview the trade of NETHERLANDS in goods current year until 202004

According to Dalian Infobank, in 202004NETHERLANDS's exports and imports of goods amounted to 86092.8217 million, and were down 22.60% comparing with the same period of last year. Among these, exports were down 22.41% at 44952.9821 million, and imports were down 22.80% at 41139.8396 million. And the corresponding trade surplus was 3813.1426 million and down 18.03%.

During the current year until 202004, NETHERLANDS's total exports and imports of goods were 409339.3607 million and were down 8.97% comparing to the same period of last year. Among these, exports were 216821.6924 million and down 8.42%; imports were 192517.6683 million and down 9.59%. The total trade surplus was 24304.0241 million and up 2.02%.

If considering by country (region), GERMANY, BELGIUM, CHINA, UNITED STATES, UNITED KINGDOM were NETHERLANDS's top five trading partners. During the current year until 202004, NETHERLANDS's imports and exports to five countries/territories were 77601.2379 million, 36979.6969 million, 34656.8150 million, 27130.6036 million, 23991.1745 million. These values correspond to 18.96%, 9.03%, 8.47%, 6.63%, 5.86% of NETHERLANDS's imports and exports, and, respectively, were down 6.74%, down 12.67%, up 1.17%, up 0.43%, down 22.01% comparing to the same period of last year.

Current year until 202004, 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 202004, NETHERLANDS's exports to these five countries/territories were 49579.8292 million, 21889.5435 million, 16614.6119 million, 15737.0705 million, 10617.9368 million. These values correspond to 22.87%, 10.10%, 7.66%, 7.26%, 4.90% of NETHERLANDS's exports and, respectively, were down 5.12%, down 14.32%, down 11.32%, down 22.22%, up 1.52% comparing with the same period of last year.

Current year until 202004, NETHERLANDS's exports to top five countries/territories CHINA, GERMANY, 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 202004, NETHERLANDS's imports from these five countries/territories were 29363.4995 million, 28021.4087 million, 16512.6668 million, 15090.1534 million, 8254.1040 million. These values correspond to 15.25%, 14.56%, 8.58%, 7.84%, 4.29% of NETHERLANDS's total imports and, respectively, were down 0.16%, down 9.46%, down 0.27%, down 10.14%, down 21.62% comparing with the same period of last year.

During the current year until 202004, 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 21558.4205 million, 10727.4998 million, 7482.9665 million, 6799.3900 million, 4566.3405 million, and up 1.18%, down 8.43%, down 22.87%, down 22.34%, down 42.80%. And the trade deficits were mainly from CHINA, UNITED STATES, MALAYSIA, RUSSIA, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES at 24070.1840 million, 5894.7300 million, 2699.3023 million, 2631.1965 million, 2187.6399 million, and down 2.02%, down 3.33%, up 50.69%, down 59.87%, down 44.33%.

Current year until 202004, NETHERLANDS's trade surplus or deficit with top five countries/territories During the current year until 202004,  commodities with hs2 codes, 84, 85, 27, 30, 90, were NETHERLANDS's top five traded commodities. They correspond to the import and export values of 58529.2985 million, 56372.9608 million, 46120.7442 million, 29187.9053 million, 20280.2106 million, which were down 3.95%, up 3.75%, down 32.65%, up 5.26%, down 3.00% comparing with the same period of last year and account for 14.30%, 13.77%, 11.27%, 7.13%, 4.95% of NETHERLANDS's total imports and exports.

During the current year until 202004, 84, 85, 27, 30, 90 were NETHERLANDS's top five traded commodities, with total import and export values of 31660.1243 million, 27263.3706 million, 22235.8043 million, 17750.3023 million, 11334.8618 million. These values correspond to 14.60%, 12.57%, 10.26%, 8.19%, 5.23% of NETHERLANDS's total exports and, respectively, were down 3.04%, up 0.39%, down 32.38%, up 8.06%, down 3.85% comparing to the same period of last year.

During the current year until 202004, 85, 84, 27, 30, 87 were NETHERLANDS's top five traded commodities, with total import values of 29109.5902 million, 26869.1741 million, 23884.9399 million, 11437.6030 million, 9962.5178 million. These values correspond to 15.12%, 13.96%, 12.41%, 5.94%, 5.17% of NETHERLANDS's total exports and, respectively, were up 7.11%, down 5.01%, down 32.90%, up 1.19%, down 21.10% comparing to the same period of last year.


2. Current year until 202004, NETHERLANDS binational trade profile

According to Dalian Infobank, during the current year until 202004, NETHERLANDS-China binational exports and imports of goods amounted to 34656.8150 million and were up 1.17% comparing with the same period of last year. Among these, exports from NETHERLANDS to China were 5293.3155 million and up 9.24%, imports from China to NETHERLANDS were 29363.4995 million and down 0.16%. The total binational trade deficit was 24070.1840 million and down 2.02%.

During the urrent year until 202004, 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 12109.0859 million, 10530.9109 million, 1167.3563 million, 886.2777 million, 784.1501 million and makes up 34.94%, 30.39%, 3.37%, 2.56%, 2.26% of the total binational imports and exports. These values were also up 8.89%, up 1.59%, down 1.26%, up 8.92%, down 6.62% comparing to the same period last year.

During the current year until 202004, 84, 19, 90, 30, 02 were the top five traded commodities exported to China from NETHERLANDS, with export values of 1255.6487 million, 543.2892 million, 524.0931 million, 473.5601 million, 384.4260 million. These values account for 23.72%, 10.26%, 9.90%, 8.95%, 7.26% of NETHERLANDS's total exports and were up 25.12%, up 12.15%, down 6.99%, up 25.73%, up 127.97% comparing to the same period of last year.

During the current year until 202004, 85, 84, 94, 29, 90 were NETHERLANDS's top five traded commodities importing from China , with import values of 11804.9325 million, 9275.2621 million, 751.4327 million, 651.1981 million, 643.2631 million. These values account for 40.20%, 31.59%, 2.56%, 2.22%, 2.19% of NETHERLANDS's total imports and were up 9.76%, down 0.93%, down 7.92%, down 2.67%, up 3.96% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat