Netherlands' total trade in 2024 amounted to $1.32T, ranking #7 globally.
The country exported $699.3B and imported $621.1B, yielding a positive trade balance of $78.2B.
Germany was the top export destination, receiving 22.2% of exports valued at $155.2B.
Germany was also the largest source of imports, accounting for 16.8% of total imports at a value of $104.2B.
The top export product category was Machinery and mechanical appliances (HS2 84) with a total value of $98.2B.
Mineral fuels and oils (HS2 27) were the most imported product category, with imports totaling $102.2B.
Netherlands Trade Overview for 2024
In 2024, the Netherlands stood as a major player in global trade, with total trade reaching $1.32T. The nation's exports were valued at $699.3B (ranking 5th globally), while imports totaled $621.1B (ranking 11th). This resulted in a substantial trade surplus of $78.2B for the year. The Netherlands' primary trading partners for exports were Germany, Belgium, and France.
The Netherlands' exports were predominantly directed towards European partners. Germany led the way, accounting for 22.2% of exports with a value of $155.2B. Belgium and France followed, with shares of 12.0% and 7.8% respectively. On the import side, Germany was again the top partner, providing 16.8% of imports ($104.2B). The United States and Belgium were also significant sources of imports, with shares of 9.9% and 9.8% respectively.
The Netherlands' top export category in 2024 was Machinery and mechanical appliances (HS2 84), which made up 14.0% of total exports with a value of $98.2B. This was followed by Mineral fuels and oils (HS2 27) at $88.7B. For imports, Mineral fuels and oils (HS2 27) was the leading category, representing 16.4% of all imports at $102.2B, followed by Machinery and mechanical appliances (HS2 84) at $74.3B.