More Netherlands goods exported to China in past 7 consecutive years

More Dutch goods exported to China in past 7 consecutive years, Netherlands exports to China is growing. Exports of Dutch products to China increased by 20% in 2023, less goods from China imported to the Netherlands. In 2023, the import value of Chinese goods was almost 17% lower than in 2022. Look at this  recent reports from CBS:

Exports of Dutch products to China increased by 20 percent in 2023. The trade balance has therefore become less negative by 24.5 billion euros. Nevertheless, the trade balance with China is still 81.9 billion euros negative.

The Netherlands imported 104.3 billion euros worth of goods from China in 2023. That is 20.8 billion euros less than a year earlier. Both trade and transit have declined. This development is in line with the overall contraction of Chinese exports.

In 2023, the import value of Chinese goods was almost 17 percent lower than in 2022. This is the first decline since 2016. Fewer Chinese computers, laptops and tablets were imported.

The decline in import values applies to more than 71 percent of the goods groups  imported from China. The largest decliner is the group of computers, laptops, and tablets, with a decline of 6.7 billion euros....See more from CBS: here

In sum up, clearly, in the past 7 consecutive years from 2017-2023, Dutch goods exported to China climbed up from 12.2 (bn euros) in 2017 to 22.4 (bn euros) in 2023. more than economists forecasted.

2024 is a meaningful year for the Dutch Chinese trade relationships, as recently Dutch Trade Minister Geoffrey van Leeuwen visited China, and emphasized his point that China is one of the most important trading partners of the Netherlands, and the Netherlands is willing to continue to be a dependable partner of China.

From this point, we can see that the Netherlands attaches significant importance to economic and trade cooperation with China, and that the Dutch exports gives special importance over trade to China, the CBS statistics, and the Netherlands exports to China continue going up on yearly bases.

It is reported that the Dutch trade balance with China is still negative, even with more Dutch goods exported to China in the past 7 consecutive years.

In fact, since China has over 1.4 billion populations, Netherlands has about 17 million. For 1.4 billion balances with 17 million, it may take more times than expected.