
Dutch exports to exceeded Netherlands imports from other European countries by $127.1 billion in 2014. Similarly, Netherlands achieved a $4.1 billion trading surplus with Middle Eastern nations.
The fact that Netherlands earns these country-specific trade surpluses indicates Dutch competitive advantages for a specific set of export products highlighted below.
These major product supply advantages are root causes behind why Netherlands generated the world’s seventh-biggest trade surplus during 2014, albeit lagging front-runner China’s $384.3 billion balance for the year.
Netherlands’ trade surplus in 2014 has grown by 20.2% since 2010 when its surplus stood at $52.7 billion.
Netherlands Major Product Supply Advantages
- Top 10
- Growth
- Detail
Top 10
Presented in descending order, the following list showcases the general product categories under which Netherlands earned the highest trade surpluses in 2014.
- Machinery: US$12.7 billion (12.9% of all product surpluses)
- Plastics and plastic articles: $11 billion (11.2%)
- Live trees and plants: $8.8 billion (9%)
- Pharmaceuticals: $6.4 billion (6.5%)
- Dairy, eggs and honey: $5.7 billion (5.8%)
- Meat: $5.6 billion (5.7%)
- Vegetables: $5 billion (5.1%)
- Organic chemicals: $4.6 billion (4.7%)
- Optical, technical and medical apparatus: $3.6 billion (3.7%)
- Cereal/milk preparations: $3.2 billion (3.2%)
The above top 10 product categories represent 65.5% of Netherlands’ overall product-category surplus subtotal which amounted to $101.8 billion. For that subtotal, 52 of Netherlands’ 97 general product categories delivered a surplus in 2014 while the remaining 45 categories incurred deficits.
Growth
Detail
Netherlands Major Product Supply Advantages by Country
- Top 10
- Growth
- Germany
- France
- UK
Top 10
Presented in descending order, the following list shows with which trade partners Netherlands earned the highest trade surpluses in 2014.
- Germany: US$55 billion (28.5% of Dutch country-specific surpluses)
- France: $23.9 billion (12.4%)
- United Kingdom: $14.8 billion (7.7%)
- Italy: $14.1 billion (7.3%)
- Belgium: $13.8 billion (7.1%)
- Spain: $6.7 billion (3.5%)
- Poland: $4.7 billion (2.4%)
- Switzerland: $4.5 billion (2.3%)
- Austria: $4 billion (2.1%)
- Turkey: $3.5 billion (1.8%)
The above 10 trade partners represent 77.4% of Netherlands’ subtotal surplus of $193.1 billion from the 143 geographic entities with which Netherlands demonstrated competitive trade advantages. That subtotal excludes the 79 trade partners with which Netherlands incurred trade deficits.
Growth
Germany
France
UK
Research Sources:
The World Factbook, Country Profiles, Central Intelligence Agency. Accessed on December 6, 2015
Trade Map, International Trade Centre. Accessed on December 6, 2015
Investopedia, Net Exports Definition. Accessed on December 6, 2015