The Netherlands, often called Holland, is a constituent country in Western Europe with territories in the Caribbean. Bordered to the south and east by Belgium and Germany, the Netherlands’s location at the mouth of three major European rivers makes it a household name in the European maritime sector.
Netherlands’ capital city since 1814 and major port, Amsterdam, is located on the Ijsselmeer – a closed-off inland bay in the central Netherlands – and connected to the North Sea. Aside from being the capital city, it is also the Netherlands’ primary commercial and financial hub.
The World Bank ranks the Netherlands as the 19th largest country in the world based on nominal GDP. Holland’s nominal GDP of US$1.05 trillion shows a 3.0% growth from the previous year. As of June 2022, the Organisation for Economic Co-operation and Development projects the Dutch economy would have grown by 2.9% at the end of the year regardless of the high inflation rate averaging 9.2%.
Since 1959, the Netherlands has had a steady natural gas resource, making it responsible for over 25% of the total natural gas reserves in the European Union. Aside from Holland’s heavy reliance on foreign trade, it is also notable for its stable industrial sector and relatively low level of unemployment and inflation.
Despite its size, Holland has become a significant player in international trade. In 2021, the Netherlands shipped a total of US$692.8 billion in goods to different locations worldwide, making it the 6th highest exporter. Dutch exports make up 29% of the GDP, showing how diverse the nation’s economy is.
A significant portion of Holland’s exports finds its way to its neighboring country, Germany, with the European nation receiving 22.8% of the Netherlands’ global trade. Other significant export partners include France, the USA, Italy, Spain, Poland, and China. In fact, the Netherlands delivers 74.8% of its total exports to European countries, while 12.6% goes to Asia and 6.3% to North America.
The Netherlands has been a member of the World Trade Organization since its inception in 1995 and has a bilateral free-trade agreement with the European Union. As of 2021, Holland had a trade balance surplus of $112.1 billion, a 17.9% increase from 2020.
Below is a thorough list of the Netherlands’ top exports, featuring each export’s value and how much of the country’s overall exports it makes up.
The Netherlands has several world-renowned shipping ports, one such being the Port of Amsterdam. As one of Western Europe’s top five seaports, its only natural Amsterdam handles a significant fraction of the region’s trade. The Port of Amsterdam’s strategic location within Europe makes it easily accessible and ensures excellent connections to all major European markets.
Annually, the Amsterdam port region handles 100 million tonnes in cargo traffic, making it one of the world’s largest logistics hubs. It is also a multifunctional port that can handle the storage and shipping of different cargo, from agricultural products to machinery and oil. The dock features three types of terminals for breakbulk, container shipping, and energy.
The Netherlands government’s official tax collection and customs service is the Tax and Customs Administration. This body supervises the import, export, and transit of goods. Shippers looking to export from the Netherlands must tender an electronic declaration using the country’s single system for declaration, the AGS. The details of this document depend on different factors, including the destination and country of origin, and could also be tailored to comply with specific requirements.
The Dutch freight and logistics industry, incorporating the freight forwarding market, plays a significant role in the country’s trade and is one of the most established industries in Europe. As one of Europe’s leading facilitators of global trade, various established companies serve as intermediaries and help shippers with the shipping process.
Total Connection is a significant player in the Netherlands’ freight and logistics industry, providing different logistics solutions, including liquid bulk shipping, project cargo, and international container shipping, among other services.
At Total Connection, we offer safe and easy broker services for shippers to connect with the rest of the world. We create a platform for Dutch businesses to grow by streamlining their entire logistics service and reaching a new customer base outside the Netherlands.’
We have industry-leading experts that understand each shipping need and requirement; hence, we strive to meet all requirements. All you need do is approve the rate, and Total Connection will bear every other responsibility, from pickup to delivery and everything in between.
Regarding rates, we utilize different trade routes, which enable us to provide rates well below the markets’. Total Connection is a licensed freight forwarder and NVOCC, capable of quickly engaging in all container shipping from the Netherlands. Contact us today.