The Netherlands

Netherlands ranked No. 14 in total trade value through July with a total of $41.47 billion. Exports totaled $26.13 billion and Imports totaled $15.34 billion, a surplus of $10.79 billion.

U.S. trade with The Netherlands rose to $41.47 billion through July

The Netherlands’s trade with the United States rose to $41.47 billion through the first seven months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.7 percent below its total trade during the same time period last year. U.S. exports to The Netherlands decreased 12.37 percent while U.S. imports from The Netherlands fell 4.78 percent. The U.S. surplus with The Netherlands was $10.79 billion.

Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 Chicago O’Hare International Airport; No. 2 Port of Houston; No. 3 John F. Kennedy International Airport; No. 4 Port of New Orleans; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Chicago O’Hare International Airport; No. 2 Port of Houston; No. 3 Port of New Orleans; No. 4 John F. Kennedy International Airport and No. 5 Port of Newark. In the current time period, the top five accounted for 39.58 percent of The Netherlands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 37.49 percent to $6.51 billion.
    Exports rose 10.13 percent to $1.93 billion. Imports rose 53.53 percent to $4.58 billion.
  • Trade with No. 2 Port of Houston fell 28.89 percent to $3.07 billion.
    Exports fell 30.39 percent to $2.53 billion. Imports fell 20.89 percent to $538.06 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 13.46 percent to $2.47 billion.
    Exports rose 27.18 percent to $1.98 billion. Imports fell 20.8 percent to $493.26 million.
  • Trade with No. 4 Port of New Orleans rose 8.95 percent to $2.43 billion.
    Exports rose 19.02 percent to $1.94 billion. Imports fell 18.58 percent to $485.63 million.
  • Trade with No. 5 Port of Newark fell 10.22 percent to $1.94 billion.
    Exports fell 0.03 percent to $435.76 million. Imports fell 12.8 percent to $1.5 billion.

The Netherlands ranked No. 14 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 11.

Meanwhile, total U.S. trade with the world increased to $2.08 trillion, down 49.83 percent compared to the same period last year. The nation’s exports dropped 51.38 percent to $799.82 billion; imports dropped 48.81 percent to $1.28 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $479.12 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to The Netherlands by value through July were the categories of Oil; Medical instruments; Plasma, vaccines, blood; Cell phones, related equipment; and Orthopedic appliances, artificial body parts, respectively. They accounted for 34.04 percent of total exports to The Netherlands.

The value of the top five categories of U.S. imports from The Netherlands –– Returned exports, without change; Plasma, vaccines, blood; Machinery, parts for semiconductor manufacturing; Gasoline, other fuels; and Certain heterocyclic compounds –– accounted for 50.81 percent of all inbound shipments.

Looking more closely at U.S. exports to The Netherlands:

  • Oil fell 11.35 percent compared to last year to $2.83 billion.
  • Medical instruments fell 14.44 percent compared to last year to $2.02 billion.
  • Plasma, vaccines, blood fell 6.56 percent compared to last year to $1.88 billion.
  • Cell phones, related equipment rose 2.51 percent compared to last year to $1.1 billion.
  • Orthopedic appliances, artificial body parts fell 8.27 percent compared to last year to $1.07 billion.

Looking more closely at U.S. imports from The Netherlands:

  • Returned exports, without change rose 9.14 percent compared to last year to $3.72 billion.
  • Plasma, vaccines, blood rose 146.63 percent compared to last year to $1.65 billion.
  • Machinery, parts for semiconductor manufacturing rose 16.65 percent compared to last year to $1.09 billion.
  • Gasoline, other fuels fell 55.29 percent compared to last year to $865.32 million.
  • Certain heterocyclic compounds fell 6.14 percent compared to last year to $464.35 million.

In the latest annual figures available, The Netherlands recorded $81 billion in trade with the United States. Total U.S. exports to The Netherlands were $ 51.23 billion and imports from The Netherlands were $29.77 billion. The U.S. surplus with The Netherlands was $21.47 billion.