2022
Exports
$1.85BWorld Rnk 10 / 221
Flag Rnk 66 / 1216
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$1.78BWorld Rnk 9 / 224
Flag Rnk 76 / 1214
2022
ECONOMIC COMPLEXITY of Netherlands
1.11Rnk 23 / 133

About

Exports In 2022, Netherlands exported $1.85B in Excavation Machinery, making it the 10th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 66th most exported product in Netherlands. The main destination of Excavation Machinery exports from Netherlands are: Germany ($299M), Belgium ($197M), United States ($189M), France ($143M), and United Kingdom ($81.4M).

The fastest growing export markets for Excavation Machinery of Netherlands between 2021 and 2022 were Germany ($35.6M), United States ($21.2M), and Zambia ($13.2M).

Imports In 2022, Netherlands imported $1.78B in Excavation Machinery, becoming the 9th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 76th most imported product in Netherlands. Netherlands imports Excavation Machinery primarily from: Germany ($296M), China ($175M), Finland ($158M), Belgium ($128M), and France ($119M).

The fastest growing import markets in Excavation Machinery for Netherlands between 2021 and 2022 were Finland ($32.8M), France ($32.2M), and United Kingdom ($25.4M).

COMPANIES In 2021, leading companies such as Poclain Hydraulics (33), Schindler Elevators (4), and Konecranes (1) were at the forefront of shipping Excavation Machinery from Netherlands to the United States.

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 Excavation Machinery. 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)$1.85B
IMPORTS (2022)$1.78B
NET TRADE (2022)$78.3M

In 2022, Netherlands exported $1.85B in Excavation Machinery. The main destinations of Netherlands exports on Excavation Machinery were Germany ($299M), Belgium ($197M), United States ($189M), France ($143M), and United Kingdom ($81.4M).

In 2022, Netherlands imported $1.78B in Excavation Machinery, mainly from Germany ($296M), China ($175M), Finland ($158M), Belgium ($128M), and France ($119M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Netherlands WERE (2021 - 2022):
Germany$35.6M (13.5%)
United States$21.2M (12.7%)
Zambia$13.2M (274%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Netherlands WERE (2021 - 2022):
United Kingdom-$43.1M (-34.6%)
Russia-$17M (-85.3%)
China-$10.6M (-19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Netherlands's main exporting competitors in Excavation Machinery were:
In 2022, Netherlands's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $147M
TOP IMPORT POTENTIALGermany+ $134M

Excavation Machinery’s highest export potential is Germany. With an export gap of $147M.   Excavation Machinery’s highest import potential is Germany with an import gap of $134M.

See methodology.

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