Netherlands (NLD) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Netherlands-Italy In 2022, Netherlands exported $34.5B to Italy. The main products that Netherlands exported to Italy are Computers ($1.49B), Broadcasting Equipment ($1.43B), and Packaged Medicaments ($1.34B). During the last 27 years the exports of Netherlands to Italy have increased at an annualized rate of 4.51%, from $10.5B in 1995 to $34.5B in 2022.

In 2020, Netherlands exported services to Italy worth $5.96B, with Other business services ($1.96B), Transportation ($1.64B), and Royalties and license fees ($1.37B) being the largest in terms of value.

Italy-Netherlands In 2022, Italy exported $19.7B to Netherlands. The main products that Italy exported to Netherlands were Vaccines, blood, antisera, toxins and cultures ($2.62B), Refined Petroleum ($1.11B), and Planes, Helicopters, and/or Spacecraft ($709M). During the last 27 years the exports of Italy to Netherlands have increased at an annualized rate of 4.01%, from $6.81B in 1995 to $19.7B in 2022.

In 2020, Italy exported services to Netherlands worth $2.96B, with Other business services ($1.44B), Travel ($884M), and Communications services ($171M) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €2.35B and imported €1.28B from Italy, resulting in a positive trade balance of €1.07B. Between October 2021 and October 2022 the exports of Netherlands have increased by €247M (11.7%) from €2.1B to €2.35B, while imports decreased by €-35M (-2.66%) from €1.32B to €1.28B.

Trade In October 2022, the top exports of Netherlands to Italy were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€100M), Medicinal and pharmaceutical products, other than... (€80M), Medicaments (including veterinary medicaments) (€74M), Miscellaneous chemical products, n.e.s. (€68M), and Miscellaneous manufactured articles, n.e.s. (€50M). In October 2022 the top imports of Netherlands from Italy were Medicaments (including veterinary medicaments) (€46M), Medicinal and pharmaceutical products, other than... (€41M), Footwear (€28M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€20M), and Crude vegetable materials, n.e.s. (€19M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Italy was explained primarily by an increase in product exports in Miscellaneous chemical products, n.e.s. (€26M or 61.9%), Petroleum oils and oils obtained from... (€21M or 350%), and Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€13M or 14.9%). In October 2022, the decrease in Netherlands's year-by-year imports from Italy was explained primarily by an decrease in product imports in Footwear (€-10M or -26.3%), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€-9M or -31%), and Trunks, suitcases, vanity cases, executive cases,... (€-4M or -33.3%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€247M(11.7%)

IMPORT GROWTH (October 2021 - October 2022)€-35M(-2.66%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Italy and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $34.5B to Italy. The main products exported from Netherlands to Italy were Computers ($1.49B), Broadcasting Equipment ($1.43B), and Packaged Medicaments ($1.34B). During the last 27 years the exports of Netherlands to Italy have increased at an annualized rate of 4.51%, from $10.5B in 1995 to $34.5B in 2022.

In 2022, Italy exported $19.7B to Netherlands. The main products exported from Italy to Netherlands were Vaccines, blood, antisera, toxins and cultures ($2.62B), Refined Petroleum ($1.11B), and Planes, Helicopters, and/or Spacecraft ($709M). During the last 27 years the exports of Italy to Netherlands have increased at an annualized rate of 4.01%, from $6.81B in 1995 to $19.7B in 2022.

Exports from Netherlands () to Italy () (2022)

Exports from Italy () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Italy
Top DestinationGermany$78.5B

This map shows whether countries import more from Netherlands or Italy. Each country is colored based on the difference in imports they receive from Netherlands and Italy or the difference in the growth in imports.

In 2021, countries that imported more from Netherlands than Italy were Belgium ($94.3B), Germany ($131B), and Chinese Taipei ($16B).

In 2021, countries that imported more from Italy than Netherlands were United States ($68.2B), Switzerland ($27.8B), and Spain ($32.8B).

Difference in imports from Italy () and Netherlands () (2022)

Comparative Advantage Netherlands - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Netherlands and Italy by product, considering products traded by both, Netherlands and Italy.

During 2022, Netherlands had a large net trade with Italy in the exports of Machines ($9.44B), Chemical Products ($5.76B), and Metals ($3.19B).

During 2022, Italy had a large net trade with Netherlands in the exports of Chemical Products ($4.68B), Machines ($3.78B), and Metals ($1.54B).

Service Trade

Bilateral Service Trade

Ita Year

Nld Year

In 2020, Netherlands exported services to Italy worth $5.96B, with Other business services ($1.96B), Transportation ($1.64B), and Royalties and license fees ($1.37B) being the largest in terms of value.

In 2020, Italy exported services to Netherlands worth $2.96B, with Other business services ($1.44B), Travel ($884M), and Communications services ($171M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Italy () (2020)

Services Exports from Italy () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Netherlands.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Italy () (2022)

Exports from Italy () to Netherlands () (2022)

Market Competitiveness

Difference in imports from Italy () and Netherlands () (2022)

Comparative Advantage Netherlands - Italy

Service Trade

Bilateral Service Trade

Services Exports from Netherlands () to Italy () (2020)

Services Exports from Italy () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Italy () (2022)

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