China market with more than 1.4 billion Chinese consumers, China offers incredible opportunities for big and small Dutch entrepreneurs. The Netherlands exports to China more than €14 billion worth of goods every year.
You may wonder, what does Netherlands imports from China? what does Netherlands exports to China? Simply, what Netherlands buy from China? what China buy from Netherlands?
The Netherlands imports from China large quantities of electronic devices such as modems, routers, computers, and laptops. Total Netherlands imports from China amounted to over 64 billion euros in 2022. Most consumer goods from China arrive in the Netherlands on large quality container ships.
Quick illustration*…… What does Netherlands imports from China?
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Modems and routers account for the highest import value, at 7.6 billion euros. Computers, laptops, and tablets from China accounted for another 5.7 billion euros in 2022. Imported chips, semi-conductors and solar panels totalled 3.7 billion euros. In addition to these high-tech products China also supplies large volumes of clothing (3.5 billion euros) and shoes (0.8 billion). Imports also included 1.6 billion euros worth of furniture.
Netherlands imports from China - share getting larger
The value of goods Netherlands imported from China has more than doubled since 2015: from 29 billion euros to 64 billion in 2022. Some of this increase was the result of higher prices. In 2022 prices of many products went up. But even aside from this, Netherlands imports from China have grown by much more than total goods imports in the last thirty years. In 2022, 9.5 percent of all goods imported into the Netherlands came from China, making it the third largest trading partner.
With its ports and rivers, the Netherlands is also a gateway to other markets in Europe. The flow of goods from China is much more extensive than imports destined for the Netherlands alone. The total flow of goods, including those that remain in foreign ownership and are re-exported to other countries, amounted to 125 billion euros.
Top 5 categories Netherlands imports from China 2022
- Electrical, electronic equipment ($23.59B)
- Machinery, nuclear reactors, boilers ($11.74B)
- Organic chemicals ($2.78B)
- Furniture, lighting signs, prefabricated buildings ($2.74B)
- Toys, games, sports requisites ($2.43B)
What does precisely Netherlands exports to China?
Positively, none left behand, not only Netherlands imports from China - share getting larger, but also Netherlands exports to China strongly increased. Statistics from CBS showed more Netherlands goods exports to China.
Specialised machinery – such as Dutch chip machines – accounts for a significant part of exports to China: 22.4 billion euros in 2022. But processed foods such as baby formula (milk powder) are also popular export items to China (2.3 billion euros).
Top 7 Netherlands exports to China by value 2022:
- Machinery, nuclear reactors, boilers ($3.88B)
- Cereal, flour, starch, milk preparations and products ($2.29B)
- Optical, photo, technical, medical apparatus ($1.85B)
- Electrical, electronic equipment ($1.27B)
- Plastics ($825.97M)
- Meat and edible meat offal ($612.26M)
- Pharmaceutical products ($566.52M)
- Wood and articles of wood, wood charcoal ($328.16M)
- Organic chemicals ($278.72M)
In recent decades, the Netherlands goods exports to China have also increased strongly, they are substantially lower in value than Netherlands imports from China (that’s because all imported goods to the Netherlands from China accounted as total Dutch imports from China, including Netherlands re-exported to other European countries, amounted to 125 billion euros). Netherlands Exports to China amounted to 14.6 billion euros in 2022, accounting for around 2% of total Dutch goods exports in that year. China was the tenth largest export destination for Dutch products in 2022.
The trade status Netherlands, China, and EU
Among EU Member States, the Netherlands was the largest importer of goods from China and Germany was the largest exporter of goods to China in 2022, according to statistics explained.
In 2022, China was the third largest partner for EU exports of goods (9.0 %) and the largest partner for EU imports of goods (20.8 %), giving from the same source.
Chinese market demand could drive the global economy in 2023, China’s total imports and exports have grown nearly steeply amounted to nearly 40 trillion yuan. China dominates global exports of microchips, which are used in all modern technologies, including mobile phones, computers, electric vehicles and renewable power generation, as FORUM indicates.
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