The Netherlands plays an important role in the global European economy. Shipping and trading along with fishing and banking have been primary economic sectors of the Dutch economy for centuries. Its geographical location helped the Netherlands establish and maintain its position as an important exporter. The port of Rotterdam is the largest port in Europe.
The Netherlands has one of the top economies of the world and it is one of the world’s leading exporting countries. Foodstuffs represent the largest industrial sector of the country. During the last several years, the Netherlands has also imposed itself as one of the largest exporters of flowers and seeds in Europe.
Our company registration agents in the Netherlands can offer more information on the sectors the country excels at in terms of imports and exports and details about starting a business in the Netherlands.
The top 5 products exported by the Netherlands are:
The largest export partners of the Netherlands are: Germany, Belgium, United Kingdom, France and Italy. The Netherlands is also a top exporter of animal food, vegetables and flowers, processed tobacco.
The video below shows the most imported and exported goods in the Netherlands:
The top 5 products imported by the Netherlands are:
The most important import partners of Holland are: Germany, Belgium, Russia, China and the United States.
You can count on our Dutch company formation advisors if you want to set up a trading company here.
Companies must comply with a number of regulations before they can import goods. The Netherlands is a member of the European Union and it is subject to European Customs regulations and all the various EU trade arrangements. Imported goods are subject to import duties and unsafe goods may be banned.
Exporting companies have the option to secure their foreign transactions with the export credit insurance.
The Netherlands has an export-oriented economy and more than two-thirds of its GDP derives from merchandise trade.
When it comes to the taxes related to importing or exporting goods into, respectively out of the Netherlands, traders must know they will be levied various taxes related to bringing goods from outside the EU. Among these taxes are the value added tax, excise duties or certain consumption taxes.
In terms of exports, the Netherlands has enabled the export credit guarantee program for those interested in obtaining a credit for exporting capital goods. These credits are often used by insurance companies and even pension funds interested in investing in this type of stocks.
Foreign investors often choose to engage in export or import businesses in the Netherlands. If you already have a company that wants to trade in the Netherlands, if you want to establish a branch or a subsidiary or you want to open a company in the Netherlands, contact our company formation agents in the Netherlands and find out more information.