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2022
Exports $380MWorld Rnk 5 / 179
Flag Rnk 294 / 1216
2022
Destination $17.5M United States
2021 - 2022
FASTEST GROWING MARKET $17.5MMorocco
2022
PRODUCT COMPLEXITY IN Compasses0.89Rnk 212 / 1025
2022
Imports $250MWorld Rnk 7 / 211
Flag Rnk 408 / 1214
2022
Origin $10.7M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.7MFrance
2022
ECONOMIC COMPLEXITY of Netherlands1.11Rnk 23 / 133

About

Exports In 2022, Netherlands exported $380M in Compasses, making it the 5th largest exporter of Compasses in the world. At the same year, Compasses was the 294th most exported product in Netherlands. The main destination of Compasses exports from Netherlands are: United States ($47.1M), France ($25M), Morocco ($24.8M), United Kingdom ($24.7M), and Italy ($24.2M).

The fastest growing export markets for Compasses of Netherlands between 2021 and 2022 were Morocco ($17.5M), Malaysia ($11.6M), and Mexico ($10.7M).

Imports In 2022, Netherlands imported $250M in Compasses, becoming the 7th largest importer of Compasses in the world. At the same year, Compasses was the 408th most imported product in Netherlands. Netherlands imports Compasses primarily from: United States ($45.8M), United Kingdom ($25.1M), Germany ($23.4M), Japan ($21.8M), and Malaysia ($17.9M).

The fastest growing import markets in Compasses for Netherlands between 2021 and 2022 were France ($10.7M), Malaysia ($10.5M), and Australia ($9.86M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Compasses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$380M
IMPORTS (2022)$250M
NET TRADE (2022)$131M

In 2022, Netherlands exported $380M in Compasses. The main destinations of Netherlands exports on Compasses were United States ($47.1M), France ($25M), Morocco ($24.8M), United Kingdom ($24.7M), and Italy ($24.2M).

In 2022, Netherlands imported $250M in Compasses, mainly from United States ($45.8M), United Kingdom ($25.1M), Germany ($23.4M), Japan ($21.8M), and Malaysia ($17.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Netherlands WERE (2021 - 2022):
Morocco$17.5M (240%)
Malaysia$11.6M (105%)
Mexico$10.7M (282%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Netherlands WERE (2021 - 2022):
Germany-$11.8M (-37.7%)
United Kingdom-$5.65M (-18.6%)
China-$4.57M (-32.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Netherlands's main exporting competitors in Compasses were:
United States $1.62B
United Kingdom $1.13B
France $911M
In 2022, Netherlands's main importing competitors in Compasses were:
United States $1.53B
United Kingdom $571M
France $529M

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.1M
TOP IMPORT POTENTIALGermany+ $10.7M

Compasses’s highest export potential is Germany. With an export gap of $12.1M.   Compasses’s highest import potential is Germany with an import gap of $10.7M.

See methodology.

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