{"id":18556,"date":"2019-03-04T21:02:31","date_gmt":"2019-03-04T21:02:31","guid":{"rendered":"https:\/\/www.tradefinanceglobal.com\/?post_type=exports&p=18556"},"modified":"2024-08-05T05:43:55","modified_gmt":"2024-08-05T05:43:55","slug":"netherlands","status":"publish","type":"exports","link":"https:\/\/www.tradefinanceglobal.com\/exports\/netherlands\/","title":{"rendered":"Exporting to Netherlands"},"content":{"rendered":"\n
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\n Exporting to Netherlands <\/h2>\n
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Last updated on 05 Aug 2024<\/div>\n
04 Mar 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 Imports Profile<\/h3>\n

Imports ($m USD) 450,076<\/strong><\/p>\n

Number of Imports Products 4,501<\/strong><\/p>\n

Number of Imports Partners 225<\/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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Exporting to the Netherlands<\/h2>\n\n\n\n

The Netherlands is a densely populated nation of 17 million inhabitants on the Northwestern coast of Europe. <\/p>\n\n\n\n

International trade is a critical aspect of the Dutch economy, comprising 77.9% of the nation\u2019s GDP. <\/p>\n\n\n\n

The Netherlands\u2019 2019 import flows exceeded $514 billion, with imports primarily coming from Germany, Belgium, China, USA, and Ireland. <\/p>\n\n\n\n

While the Netherlands as a whole is heavily involved in international trade, the bulk of trade volume is conducted by the nation\u2019s larger firms. <\/p>\n\n\n\n

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The Netherlands appears to be very comfortable with digitalisation and the notion of digital banking. <\/p>\n\n\n\n

Notably, SMEs in the Netherlands rank in the upper range of their OECD counterparts on all aspects of digital readiness.<\/p>\n\n\n\n

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Exporting to the Netherlands: What is trade finance?<\/h2>\n\n\n\n

Trade finance is a revolving facility which lenders offer \u2013 it enables businesses to purchase stock supplies and can help ease working capital issues.<\/p>\n\n\n\n

Typically, a trade financier will fund up to 100% of the cost of the products, including charges (e.g. VAT taxes).<\/p>\n\n\n\n

Trade finance offers benefits over more traditional bank finance such as invoice finance or business loans. <\/p>\n\n\n\n

Businesses are provided quick funding without it affecting existing relationships with banks.<\/p>\n\n\n\n

If a company is importing or exporting stock worldwide, then a trade finance facility would help fund this by offering a letter of credit or some form of cash advance.<\/p>\n\n\n\n

If an enterprise is looking to export inventory to other markets, it may require export finance, which is an agreement between the exporter and the importer. <\/p>\n\n\n\n

A trade finance bank would advance the cost of producing the stock supplies that are being exported (as a loan), either once the goods have been sent, or before they have been produced. <\/p>\n\n\n\n

Once a foreign importer has received the stock and pays for the import, the advance loan will then be repaid from the export lender over an agreed period.<\/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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