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Monitor Report of NETHERLANDS trade and NETHERLANDS-China binational trade in 202006

 1.  Overview the trade of NETHERLANDS in goods current year until 202006

According to Dalian Infobank, in 202006NETHERLANDS's exports and imports of goods amounted to 102012.6686 million, and were down 5.88% comparing with the same period of last year. Among these, exports were down 6.38% at 53680.5483 million, and imports were down 5.31% at 48332.1203 million. And the corresponding trade surplus was 5348.4279 million and down 15.11%.

During the current year until 202006, NETHERLANDS's total exports and imports of goods were 598128.2474 million and were down 10.92% comparing to the same period of last year. Among these, exports were 316112.9406 million and down 10.72%; imports were 282015.3068 million and down 11.15%. The total trade surplus was 34097.6338 million and down 7.07%.

If considering by country (region), GERMANY, CHINA, BELGIUM, UNITED STATES, UNITED KINGDOM were NETHERLANDS's top five trading partners. During the current year until 202006, NETHERLANDS's imports and exports to five countries/territories were 112978.9953 million, 54176.7286 million, 53870.8726 million, 37284.1600 million, 34520.8434 million. These values correspond to 18.89%, 9.06%, 9.01%, 6.23%, 5.77% of NETHERLANDS's imports and exports, and, respectively, were down 9.01%, up 4.21%, down 15.29%, down 7.97%, down 22.05% comparing to the same period of last year.

Current year until 202006, 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 202006, NETHERLANDS's exports to these five countries/territories were 71615.0148 million, 31666.8427 million, 25116.0462 million, 23118.3831 million, 14690.5258 million. These values correspond to 22.65%, 10.02%, 7.95%, 7.31%, 4.65% of NETHERLANDS's exports and, respectively, were down 8.58%, down 17.09%, down 10.29%, down 19.50%, down 8.49% comparing with the same period of last year.

Current year until 202006, 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 202006, NETHERLANDS's imports from these five countries/territories were 45852.5317 million, 41363.9805 million, 22593.6342 million, 22204.0299 million, 11402.4603 million. These values correspond to 16.26%, 14.67%, 8.01%, 7.87%, 4.04% of NETHERLANDS's total imports and, respectively, were up 2.72%, down 9.75%, down 7.62%, down 12.59%, down 26.76% comparing with the same period of last year.

During the current year until 202006, 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 30251.0342 million, 16595.6626 million, 11715.9228 million, 9462.8128 million, 6358.7189 million, and down 6.93%, down 5.85%, down 10.91%, down 26.03%, down 40.00%. And the trade deficits were mainly from CHINA, UNITED STATES, MALAYSIA, VIETNAM, RUSSIA at 37528.3349 million, 7903.1084 million, 4324.9405 million, 3208.1163 million, 3146.3818 million, and up 0.66%, down 5.96%, up 46.68%, up 31.72%, down 63.02%.

Current year until 202006, NETHERLANDS's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 88096.5698 million, 84710.7665 million, 61747.0767 million, 43162.1654 million, 29459.2968 million, which were down 3.51%, up 2.25%, down 39.23%, up 7.62%, down 7.13% comparing with the same period of last year and account for 14.73%, 14.16%, 10.32%, 7.22%, 4.93% of NETHERLANDS's total imports and exports.

During the current year until 202006, 84, 85, 27, 30, 90 were NETHERLANDS's top five traded commodities, with total import and export values of 47739.5102 million, 40859.1123 million, 29770.5171 million, 25639.4699 million, 16582.0423 million. These values correspond to 15.10%, 12.93%, 9.42%, 8.11%, 5.25% of NETHERLANDS's total exports and, respectively, were down 3.22%, down 0.50%, down 38.95%, up 7.91%, down 7.64% comparing to the same period of last year.

During the current year until 202006, 85, 84, 27, 30, 87 were NETHERLANDS's top five traded commodities, with total import values of 43851.6542 million, 40357.0596 million, 31976.5596 million, 17522.6955 million, 14352.5976 million. These values correspond to 15.55%, 14.31%, 11.34%, 6.21%, 5.09% of NETHERLANDS's total exports and, respectively, were up 4.95%, down 3.85%, down 39.50%, up 7.21%, down 23.13% comparing to the same period of last year.


2. Current year until 202006, NETHERLANDS binational trade profile

According to Dalian Infobank, during the current year until 202006, NETHERLANDS-China binational exports and imports of goods amounted to 54176.7286 million and were up 4.21% comparing with the same period of last year. Among these, exports from NETHERLANDS to China were 8324.1968 million and up 13.21%, imports from China to NETHERLANDS were 45852.5317 million and up 2.72%. The total binational trade deficit was 37528.3349 million and up 0.66%.

During the urrent year until 202006, 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 18724.7637 million, 16690.6887 million, 1885.5500 million, 1315.9551 million, 1205.4228 million and makes up 34.56%, 30.81%, 3.48%, 2.43%, 2.22% of the total binational imports and exports. These values were also up 6.98%, up 8.89%, down 0.92%, up 4.83%, down 6.51% comparing to the same period last year.

During the current year until 202006, 84, 19, 90, 30, 02 were the top five traded commodities exported to China from NETHERLANDS, with export values of 2123.9039 million, 839.9602 million, 832.7041 million, 773.0946 million, 556.0364 million. These values account for 25.51%, 10.09%, 10.00%, 9.29%, 6.68% of NETHERLANDS's total exports and were up 28.69%, up 12.73%, down 11.63%, up 19.39%, up 112.62% comparing to the same period of last year.

During the current year until 202006, 85, 84, 94, 90, 63 were NETHERLANDS's top five traded commodities importing from China , with import values of 18266.7300 million, 14566.7848 million, 1163.2745 million, 1052.8459 million, 1045.5922 million. These values account for 39.84%, 31.77%, 2.54%, 2.30%, 2.28% of NETHERLANDS's total imports and were up 7.65%, up 6.51%, down 6.73%, up 9.59%, up 226.45% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat