Official Name (Local Language) Koninkrijk der Nederlanden
Capital Amsterdam
Population 17,016,967
Currency Euro
GDP $773.9 billion
Languages Dutch, Eastern Frisian
Telephone Dial In 31
Exports ($m USD) 505,941
Number of Export Products 4,461
Number of Export Partners 232
Government Website | https://www.overheid.nl/ |
Sovereign Ratings | https://countryeconomy.com/ratings/netherlands |
Central Bank | De Nederlandsche Bank |
Currency USD Exchange Rate | 0.9214 |
Unemployment Rate | 6% |
Population below poverty line | 8.8% |
Inflation Rate | 0.3% |
Prime Lending Rate | 0% |
GDP | $773.9 billion |
GDP Pro Capita (PPP) | $50,800 |
Currency Name | Euro |
Currency Code | EUR |
World Bank Classification | High Income |
Competitive Industrial Performance | 4/138 |
Corruption Perceptions Index | 8/180 |
Ease of Doing Business | 36/190 |
Enabling Trade Index | 2/136 |
We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get StartedThe Netherlands stands as the eighth largest export economy in the world and the twentieth most complex economy as ranked by the Economic Complexity Index (ECI).
In addition, the Netherlands is home to the Port of Rotterdam, the largest seaport by container activity outside of East Asia and Amsterdam Schiphol Airport, the fourth largest airport for cargo in Europe.
Lying within 500km of one third of the European Union (EU) population, its advanced transportation infrastructure has contributed to the relatively small nation’s position as 17th largest global economy, with a GDP per capita of $59,300.
In recent years, the Netherlands exported around $535B yearly and imported around $540B, resulting in a small negative trade balance.
In 2013 the GDP of the Netherlands was around $850B and its GDP per capita was around $46k.
The main export destinations are Germany (around $115B), Belgium-Luxembourg ($90B), the United Kingdom ($52B), France ($33B) and Italy ($26B).
The largest exports of the Netherlands are refined petroleum (at around $76B), petroleum gas ($25B), crude petroleum ($26B), computers ($16B) and packaged medicaments ($12B).
It is estimated that the value of exports is over 80% of the Netherlands’ GDP a year.
Dutch exports are dominated by a few key categories: machinery and transport equipment (28%), mineral fuels (23%), food (11%), clothing and footwear (10%), and pharmaceuticals (5%)
In order to capitalise and tap into these markets trade finance may be required.
Trade finance is a revolving facility which lenders offer. Through this process firms are able to buy stock and can help ease the pressure from cash flow challenges.
A trade finance facility could additionally help fund the importing of goods through offering a letter of credit or some form of cash advance.
If a business is looking to import inventory from other countries it may require import finance, which is an agreement between the importer and the foreign exporter.
Agriculture
1.6%
Vegetables, ornamentals, dairy, poultry and livestock products; propagation materials
Industry
17.8%
Agroindustries, metal and engineering products, electrical machinery and equipment, chemicals, petroleum, construction, microelectronics, fishing
Services
70.4%
Country | Trade | % Partner Share |
Germany | 110,857 | 21.91 |
Belgium | 51,884 | 10.25 |
United Kingdom | 43,411 | 8.58 |
France | 40,625 | 8.03 |
United States | 22,037 | 4.36 |
Export Product | Number |
Petroleum oils, etc, (excl. crude); preparation | 8.7% |
Parts and accessories of automatic data process | 3.5% |
Transmission apparatus, for radioteleph incorpo | 3.3% |
Other medicaments of mixed or unmixed products, | 2.8% |
Human and animal blood; microbial cultures; tox | 1.9% |