Trade Balance in Netherlands

Netherlands Trade Balance | Economic News & Forecasts

Netherlands - Trade Balance

After cooling growth in Q3, prospects appear dimmer still in Q4. Surging Covid-19 cases in November led to fresh restrictions on activity, and the arrival of Omicron led to a further intensification of lockdown measures in December. Along with soaring inflation and plummeting consumer confidence through November, this has likely hit private consumption. Meanwhile, the virus has likely also dented the external sector by worsening supply disruptions and dampening demand abroad. Indeed, the manufacturing PMI was down in November, partly on slower export growth. In politics, a coalition government was finally formed in December, with Mark Rutte continuing as prime minister. The coalition signals a move away from the frugality of past governments, amid significant planned spending increases in areas including emissions reduction, housing and childcare; This should boost growth ahead.

Netherlands - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)52.0  60.1  65.8  66.8  63.1  

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Netherlands Trade Balance Chart

Netherlands Trade
Note: Trade balance (in EUR bn).
Source: Statistics Netherlands and FocusEconomics calculations.

Netherlands Facts

Value Change Date
Bond Yield-0.065.70 %Jan 01
Exchange Rate1.120.65 %Dec 31

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