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2022
Flag → Flag
Exports $4.69BRnk 24 / 224
2022
Flag → Flag
Top Product $593MCrude Petroleum
2022
Flag → Flag
Exports $17.6BRnk 3 / 217
2022
Flag → Flag
Top Product $9.45BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Netherlands-India Trade: In 2022, Netherlands exported $4.69B to India. The main products that Netherlands exported to India were Crude Petroleum ($593M), Scrap Iron ($238M), and Vaccines, blood, antisera, toxins and cultures ($160M). Over the past 5 years the exports of Netherlands to India have increased at an annualized rate of 13.5%, from $2.48B in 2017 to $4.69B in 2022.

In 2020, Netherlands exported services to India worth $1.46B, with Computer and information services ($640M), Other business services ($337M), and Royalties and license fees ($245M) being the largest in terms of value.

India-Netherlands Trade: In 2022, India exported $17.6B to Netherlands. The main products that India exported to Netherlands were Refined Petroleum ($9.45B), Broadcasting Equipment ($722M), and Raw Aluminium ($716M). Over the past 5 years the exports of India to Netherlands have increased at an annualized rate of 28.1%,  from $5.11B in 2017 to $17.6B in 2022.

In 2022, India did not export any services to Netherlands.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €258M and imported €674M from India, resulting in a negative trade balance of €416M. Between October 2021 and October 2022 the exports of Netherlands have increased by €30M (13.2%) from €228M to €258M, while imports increased by €277M (69.8%) from €397M to €674M.

Trade In October 2022, the top exports of Netherlands to India were Petroleum oils and oils obtained from... (€22M), Non-ferrous base metal waste and scrap,... (€11M), Ferrous waste and scrap; remelting scrap... (€10M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€8M), and Other plastics, in primary forms (€6M). In October 2022 the top imports of Netherlands from India were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€19M), Furniture and parts thereof; bedding, mattresses,... (€16M), Medicaments (including veterinary medicaments) (€11M), Articles of apparel, of textile fabrics,... (€11M), and Made-up articles, wholly or chiefly of... (€10M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to India was explained primarily by an increase in product exports in Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€5M or 167%), Alcohols, phenols, phenol-alcohols, and their halogenated,... (€3M or 150%), and Non-ferrous base metal waste and scrap,... (€2M or 22.2%). In October 2022, the increase in Netherlands's year-by-year imports  from India was explained primarily by an increase in product imports  in Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€12M or 171%), Feeding stuff for animals (not including... (€7M or 700%), and Furniture and parts thereof; bedding, mattresses,... (€6M or 60%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€30M(13.2%)
IMPORT GROWTH (October 2021 - October 2022)€277M(69.8%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check India and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore India and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $4.69B to India. The main products exported from Netherlands to India were Crude Petroleum ($593M), Scrap Iron ($238M), and Vaccines, blood, antisera, toxins and cultures ($160M). During the last 5 years the exports of Netherlands to India have increased at an annualized rate of 13.5%, from $2.48B in 2017 to $4.69B in 2022.

In 2017, India exported $17.6B to Netherlands. The main products exported from India to Netherlands were Refined Petroleum ($9.45B), Broadcasting Equipment ($722M), and Raw Aluminium ($716M). During the last 5 years the exports of India to Netherlands have increased at an annualized rate of 28.1%, from $5.11B in 2022 to $17.6B in 2017.

Exports from Netherlands (Flag) to India (Flag) (2022)

Exports from India (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
India
Top DestinationUnited States$82.9B

This map shows whether countries import more from Netherlands or India. Each country is colored based on the difference in imports they receive from Netherlands and India or the difference in the growth in imports.

In 2022, countries that imported more from Netherlands than India included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from India than Netherlands included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

Difference in imports from India (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - India

Flow
Scale

This chart compares trade between Netherlands and India by product, considering products traded by both, Netherlands and India.

During 2022, Netherlands had a large net trade with India in the exports of Machines ($910M), Mineral Products ($866M), and Chemical Products ($863M).

During 2017, India had a large net trade with Netherlands in the exports of Mineral Products ($9.52B), Chemical Products ($1.78B), and Metals ($1.57B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands India+$650MCrude Petroleum
Top Product Potential India Netherlands+$269MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and India. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and India (Flag) (2022)

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