{"id":18348,"date":"2019-02-27T14:32:21","date_gmt":"2019-02-27T14:32:21","guid":{"rendered":"https:\/\/www.tradefinanceglobal.com\/?post_type=imports&p=18348"},"modified":"2024-08-05T05:42:05","modified_gmt":"2024-08-05T05:42:05","slug":"netherlands","status":"publish","type":"imports","link":"https:\/\/www.tradefinanceglobal.com\/imports\/netherlands\/","title":{"rendered":"Importing from Netherlands"},"content":{"rendered":"\n
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\n Importing from Netherlands <\/h2>\n
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Last updated on 05 Aug 2024<\/div>\n
27 Feb 2019 . 2 min read<\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n
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Netherlands Quick Links<\/h4>\n <\/div>\n
\n \n Importing from Netherlands <\/a>\n \n Exporting to Netherlands <\/a>\n \n Trade Finance \u2013 Netherlands <\/a>\n \n Invoice Finance \u2013 Netherlands <\/a>\n \n Export Credit Agency (ECA) \u2013 Netherlands <\/a>\n <\/div>\n<\/div><\/div>\n\n\n\n
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Netherlands Country Profile<\/h3>\n

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Official Name (Local Language) Koninkrijk der Nederlanden
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Capital Amsterdam<\/strong><\/p>\n

Population 17,016,967<\/strong><\/p>\n

Currency Euro<\/strong><\/p>\n

GDP $773.9 billion
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Languages Dutch, Eastern Frisian
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Telephone Dial In 31<\/strong><\/p>\n<\/div><\/div>\n\n\n\n

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Netherlands Exports Profile<\/h3>\n

Exports ($m USD) 505,941<\/strong><\/p>\n

Number of Export Products 4,461<\/strong><\/p>\n

Number of Export Partners 232<\/strong><\/p>\n

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Netherlands Economic Statistics<\/h2>\n\n\n\n



Government Website<\/strong><\/td>		https:\/\/www.overheid.nl\/<\/a><\/td><\/tr>
Sovereign Ratings<\/strong><\/td>https:\/\/countryeconomy.com\/ratings\/netherlands<\/a><\/td><\/tr>
Central Bank<\/strong><\/td>De Nederlandsche Bank
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Currency USD Exchange Rate<\/strong><\/td>0.9214<\/td><\/tr>
Unemployment Rate<\/strong><\/td>6%<\/td><\/tr>
Population below poverty line<\/strong><\/td>8.8%<\/td><\/tr>
Inflation Rate<\/strong><\/td>0.3%<\/td><\/tr>
Prime Lending Rate<\/strong><\/td>0%<\/td><\/tr>
GDP<\/strong><\/td>$773.9 billion
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GDP Pro Capita (PPP)<\/strong><\/td>$50,800<\/td><\/tr>
Currency Name<\/strong><\/td>Euro<\/td><\/tr>
Currency Code<\/strong><\/td>EUR<\/td><\/tr>
World Bank Classification<\/strong><\/td>High Income
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Competitive Industrial Performance<\/strong><\/td>4\/138
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Corruption Perceptions Index<\/strong><\/td>8\/180
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Ease of Doing Business<\/strong><\/td>36\/190
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Enabling Trade Index<\/strong><\/td>2\/136
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\n Access trade, receivables and supply chain finance <\/h4>\n

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.<\/p>\n \n Get Started<\/span>\n <\/a>\n<\/div><\/div>\n\n\n\n

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Importing from the Netherlands<\/h2>\n\n\n\n

The Netherlands stands as the eighth largest export economy in the world and the twentieth most complex economy as ranked by the Economic Complexity Index (ECI). <\/p>\n\n\n\n

In addition, the Netherlands is home to the Port of Rotterdam, the largest seaport by container activity outside of East Asia and Amsterdam Schiphol Airport, the fourth largest airport for cargo in Europe.<\/p>\n\n\n\n

Lying within 500km of one third of the European Union (EU) population, its advanced transportation infrastructure has contributed to the relatively small nation\u2019s position as 17th largest global economy, with a GDP per capita of $59,300.<\/p>\n\n\n\n

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In recent years, the Netherlands exported around $535B yearly and imported around $540B, resulting in a small negative trade balance. <\/p>\n\n\n\n

In 2013 the GDP of the Netherlands was around $850B and its GDP per capita was around $46k.<\/p>\n\n\n\n

The main export destinations are Germany (around $115B), Belgium-Luxembourg ($90B), the United Kingdom ($52B), France ($33B) and Italy ($26B). <\/p>\n\n\n\n

The largest exports of the Netherlands are refined petroleum (at around $76B), petroleum gas ($25B), crude petroleum ($26B), computers ($16B) and packaged medicaments ($12B).<\/p>\n\n\n\n

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Importing from the Netherlands: What is trade finance?<\/h2>\n\n\n\n

It is estimated that the value of exports is over 80% of the Netherlands\u2019 GDP a year. <\/p>\n\n\n\n

Dutch exports are dominated by a few key categories: machinery and transport equipment (28%), mineral fuels (23%), food (11%), clothing and footwear (10%), and pharmaceuticals (5%)<\/p>\n\n\n\n

In order to capitalise and tap into these markets trade finance may be required. <\/p>\n\n\n\n

Trade finance is a revolving facility which lenders offer. Through this process firms are able to buy stock and can help ease the pressure from cash flow challenges.<\/p>\n\n\n\n

A trade finance facility could additionally help fund the importing of goods through offering a letter of credit or some form of cash advance.<\/p>\n\n\n\n

If a business is looking to import inventory from other countries it may require import finance, which is an agreement between the importer and the foreign exporter. <\/p>\n\n\n\n

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Chart Showing GDP Growth Compared to rest of world<\/h2>\n\n\n
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