What do we export to Netherlands?
United States-Netherlands In 2022, United States exported $68.3B to Netherlands. The main products that United States exported to Netherlands are Crude Petroleum ($11.3B), Petroleum Gas ($7.1B), and Medical Instruments ($5.42B).
What are 3 main imports to Netherlands?
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $99,569,783,336 |
| (85) Electrical Machinery | $79,411,429,351 |
| (84) Industrial Machinery | $72,270,917,041 |
| (90) Precision Instruments | $31,533,548,070 |
What are the major exports of Netherlands?
Yearly Trade
The most recent exports are led by Refined Petroleum ($68.1B), Broadcasting Equipment ($21B), Machinery Having Individual Functions ($19.9B), Packaged Medicaments ($16.3B), and Crude Petroleum ($15.3B).
What goods are the Netherlands exporting?
Declare export
You must notify the Customs Administration of the Netherlands that you are exporting goods to a country outside the EU. You do so using the export declaration (aangifte ten uitvoer). Dutch Customs will use the commodity code to check if there are any additional conditions you have to meet.
What is the Netherlands main source of income?
The economy of the Netherlands is a highly developed market economy focused on trade and logistics, manufacturing, services, innovation and technology and sustainable and renewable energy.
What does the Netherlands import from the US?
| Netherlands Imports from United States | Value | Year |
|---|---|---|
| Mineral fuels, oils, distillation products | $27.95B | 2023 |
| Optical, photo, technical, medical apparatus | $10.95B | 2023 |
| Machinery, nuclear reactors, boilers | $7.25B | 2023 |
| Electrical, electronic equipment | $4.58B | 2023 |
What do the Netherlands import the most?
The Netherlands main imports are: fuel (29 percent of total imports), machinery (26 percent), food and live animals (8.6 percent), pharmaceuticals and electronics.
What does the US export to the Netherlands?
United States-Netherlands In 2022, United States exported $68.3B to Netherlands. The main products that United States exported to Netherlands are Crude Petroleum ($11.3B), Petroleum Gas ($7.1B), and Medical Instruments ($5.42B).
What is the Netherlands largest food exports?
| Productgroep | 2023 (bn euro) | 2022 (bn euro) |
|---|---|---|
| Dairy and eggs | 12.0 | 12.1 |
| Horticulture | 11.5 | 11.5 |
| Meat | 11.2 | 11.0 |
| Vegetables | 8.7 | 7.8 |
Who are Netherlands largest export partners?
The value of Dutch re-exports grew more rapidly than domestic exports in 2022. This was due to a relatively large increase in re-exports of mineral fuels. More than half (55%) of Dutch goods exports are destined for the five largest export partners: Germany, Belgium, France, the UK and the US.
What are 3 main exports from Netherlands?
Main exports are: machinery and transport equipment (28 percent of total exports), mineral fuels (23 percent), food (11 percent), clothing and footwear (10 percent) and pharmaceuticals (5 percent). Over 60 percent of total exports is sent to European Union countries.
Is Netherlands 2nd largest food exporter?
It is the EU's largest importing country and continues to be the second largest exporter of agricultural products in the world, after the United States.
What is the main business in the Netherlands?
The Netherlands has a market economy, but the state traditionally has been a significant participant in such fields as transportation, resource extraction, and heavy industry.
What is the Dutch disease?
Dutch disease is a paradoxical situation where good news for one sector of the economy, such as the discovery of natural resources, results in a negative impact on the country's overall economy.
What is the Dutch disease syndrome?
Dutch disease is a shorthand way of describing the paradox which occurs when good news, such as the discovery of large oil reserves, harms a country's broader economy.
Why is it called Dutch disease?
Economists have long known that large resource discoveries could be harmful to economies in the long-term, a phenomenon that was named Dutch disease following the effects of the Netherlands' gas discovery in the North Sea.
What is the Netherlands number one export?
Year over year, the total value of goods exported from the powerhouse European Union member accelerated by 21.9% from $768.3 billion in 2022. The biggest 5 exports from the Netherlands by dollar value are refined petroleum oils, phone devices including smartphones, computers, crude oil, then medication mixes in dosage.
What is traded between the US and Netherlands?
In 2022, the United States exported $100.7 billion in goods and services to the Netherlands while importing $49.3 billion from the Netherlands. As a result, the trade surplus with Netherlands increased to $51.4 billion, making the Netherlands the trading partner with which the US has the highest trading surplus.
Who is the Netherlands largest importer?
Netherlands's imports 2023 by country
Top trading partners (import sources) of Netherlands in 2023: Germany with a share of 16.8% (112 billion US$) USA with a share of 10.3% (68 billion US$)
What religion is in Netherlands?
While 67.8% of the Dutch population are not members of any religious community, the remainder report affiliation with a multitude of religions. 24.5% of the Dutch population is affiliated with a Christian church. The largest group, 11.7% in 2015, is Roman Catholic.
Is the USA a friend of the Netherlands?
U.S.-Netherlands Relations
The United States established diplomatic relations with the Netherlands in 1782; one of our oldest, continuous bilateral relationships. The excellent bilateral relations are based on close historical and cultural ties as well as a common dedication to individual freedom and human rights.
Is the Netherlands economy healthy?
Reflecting the strong recovery overall, annual GDP growth in 2021 is forecast at 4.3%. Growth is expected to remain robust in 2022, despite strict COVID-related restrictions weighing on economic activity in the first quarter. Private consumption is set to show a small dip in the first quarter due to the restrictions.
Is the Netherlands economy good?
The Dutch economy rivals European and global competitors making it a welcoming, stable and rewarding choice for foreign businesses to invest. The Netherlands' GDP per capita is above EU averages and ahead of most nations. The Dutch economy has proven time and time again to be a powerhouse on the global stage.
What fruit does the Netherlands export?
In 2022, the value generated from the export of fruit and nuts in the Netherlands decreased by 172.4 million Euros (-2.38 percent) since 2021. Nevertheless, the last two years in this industry recorded a significant higher value than the preceding years.
Is Netherlands self sufficient in food?
The Netherlands is a highly productive agricultural country, known for its advanced agricultural techniques and high crop yields. However, due to its small size and dense population, it cannot produce all the food it needs domestically.
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