POST Online Media Lite Edition



 

France imports 47.4 bn euros in goods from Netherlands in 2021

Christian Fernsby |
In 2021, bilateral goods trade with France comprised exports worth 47.4 billion euros and imports worth 18.7 billion euros.

Article continues below




Relative to 2011, the value of goods exports to France was up by 30 percent while imports were 20 percent up. Exports last year mainly comprised more medical products, whereas the most significant change in imports was the decrease in petroleum products. Statistics Netherlands (CBS) reports this today.

France has been the third largest market for Dutch-produced goods - after Germany and Belgium - as of 2019. Goods exports (including re-exports) to France made up 8 percent of total exports in 2021.

With a value of 3.0 billion euros in 2021, refined petroleum products are among the principal exports to France, followed by telecommunications equipment such as modems, routers and smartphones (2.0 billion euros). Relative to 2011, the largest increases are seen in exports of medical products such as medicinal and pharmaceutical products, medical instruments and devices, and medicines.

Re-exports account for the bulk of these exports, similar to the exports of smartphones, computers, laptops and office machinery. Refined petroleum products, flowers and plants as well as medicines are mostly direct domestic exports.

In 2020, goods exports to France represented net earnings for the Netherlands of approximately 11.4 billion euros. This is equivalent to 1.4 percent of GDP. Of that amount, 8.1 billion came from domestic exports and 3.3 billion from re-exports.

Aside from goods, the Netherlands exports services to France; these amounted to roughly 6.0 billion euros in 2020. Total export earnings from trade with France thus stood at 17.5 billion euros in 2020. Wholesale trade, management consultancies and IT services had the highest earnings in exports to France.

In 2021, France occupied sixth place in the country ranking of goods suppliers to the Netherlands, with an import value of 18.7 billion euros. Compared to ten years previously, the import package has seen several major changes. Imports of refined petroleum products have more than halved.

The decline in Dutch imports of petroleum products from France went hand in hand with a decrease in total imports of petroleum products, although the latter was less pronounced. A strong relative increase is seen in imports of semiconductors, processors and microchips.

This development as well is not just seen in imports from France; the total import value of such goods has increased more than fourfold since 2011.

Imported goods and services may be used for various purposes: they can stay in the Netherlands for domestic consumption, used as inputs for export products, or be exported again immediately (re-exports). All three purposes are served by imports from France fairly equally.

This is comparable to imports from the United Kingdom. By way of comparison: imports from China are re-exported much more often, while imports from Russia are relatively more often used as inputs in export production.


What to read next

Goods imports from China in Netherlands worth over 39 billion euros
Slovakia exports remain historically high
Ireland: Seasonally adjusted goods exports of €16.1 billion in February

Additional heavy rainfall for Florida; severe thunderstorms in east U.S.

 
The threat of heavy rain is expected to slowly diminish across southern Florida through the next couple of days as a low pressure center moves northeast off the southeastern U.S., pulling the axis of a trough of low pressure slightly off the coast of Florida early this morning.
 
 

Latest

U.S. drillers cut oil and gas rig count
Chile declares disaster zone after storm leaves 1 dead, 4,300 homeless
Construction starts to transform South Brooklyn Marine Terminal Into nation's largest offshore wind port
SubCom and Telecom Egypt complete IEX cable landings in Egypt

NEWS

Malawi's vice president Chilima killed in plane crash to be buried Friday

Heat continues in southwest U.S.; severe thunderstorms in Central Plains
Passenger train hits freight train in Czech Republic, 4 killed, 27 injured
Rhine in south Germany reopened for cargo shipping
Active pattern for center of U.S.; increasing rainfall threat for Pacific Northwest
Greece finds 109 kg of cocaine in ship container with frozen squid
 

BUSINESS

With record revenue of $996 billion airlines earn just $6.14 per passenger

Venezuela enters WTO Trade Facilitation Agreement
Czech railway safety and capacity strengthened with EIB loan of €527 million
U.S. oil and gas rig count falls to 594
UN's Guterres: Advertising from fossil fuel companies must be banned
U.S. drillers cut oil and gas rigs
 

Trending Now

Dispatch, Eneco collaborate on groundbreaking battery energy storage system for renewable energy in Netherlands

Global fisheries and aquaculture production reaches new record high

Malawi's vice president Chilima killed in plane crash to be buried Friday

Colombia to suspend coal exports to Israel


POLITICS

Colombia to suspend coal exports to Israel

EU tariffs on Chinese EVs opposed across Europe
Ontario supports laid off auto workers in Windsor and Chatham
Poland building fortifications on its eastern border
Bulgaria set to start construction of Vertical Gas Corridor
Argentine president Milei says to lay off another 50,000 civil servants to reduce spending
 

Today We Recommend

With record revenue of $996 billion airlines earn just $6.14 per passenger


Highlights 

Construction starts to transform South Brooklyn Marine Terminal Into nation's largest offshore wind port

Global fisheries and aquaculture production reaches new record high

Alstom to revolutionize Bengaluru Metro with advanced CBTC signalling system


COMPANIES

Vodafone connects UK to world’s largest subsea cable system

Dispatch, Eneco collaborate on groundbreaking battery energy storage system for renewable energy in Netherlands
Alstom to revolutionize Bengaluru Metro with advanced CBTC signalling system
Cottbuser Ostsee to host Germany’s largest floating solar power plant by EPH Power Europe
Deutsche Aircraft starts final assembly line construction, will create up to 350 jobs
MSC launches Britannia: New standalone loop connecting Asia to North Europe
 

CAREERS

Comviva announces key executive appointments in Europe and North America

Ocean Outdoor announces group CEO succession plan
Rajesh Chandiramani takes over as Comviva CEO
Azentio appoints Rahul Arora as new chief sales officer
Orion Innovation names Kelly Ercolino SVP of marketing
CLG appoints Yves Ollivier as managing director in Pointe Noire Congo
 

ECONOMY

Eurozone reports modest Q1 GDP growth, stable annual inflation

Italy sees faster economic growth in Q1
Slovenia's economy expected to grow 0.9 pct in Q1
Italy faces deficit infringement procedure
Real GDP increased in all 50 U.S. states
Inflation continues to decline in Germany
 

EARNINGS

Motorcar Parts of America Q4 sales $189.5 million

Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
Dollar General Q1 operating profit decreased 26.3%
Guess Q1 revenue increased by 7%
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Global fisheries and aquaculture production reaches new record high

Hong Kong suspends import of poultry meat and products from Sioux County, Iowa
Hong Kong suspends import of poultry meat and products from areas in India, U.S. and Korea
UK declares freedom from bird flu
Belgium second EU country to authorise bluetongue vaccine
UK government unveils major package of farming and food sector support
 

LEADERSHIP

Study finds workers misjudge wage markets

Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
Generating 'buzz' about new products can influence their success
Hiring 'problem directors' can knock up to 64% off firm's value
 

CRIME

EU Commission fines Mondelēz €337.5 million for cross-border trade restrictions

HSBC pays penalties for alleged breaches of Consumer Data Right rules
Sanofi to settle thousands of Zantac cancer lawsuits
Former asset manager and board member of Geneva private bank referred to Swiss Federal Criminal Court
South Africa: SAP ordered to pay SIU $26m over 'invalid' Eskom contracts
Former Steinhoff director appears in court for $1.1b fraud, racketeering
 

Magazine

TRAVEL

Morocco’s first Radisson branded hotel opens in Casablanca

Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
Treyam, your premier lagoon destination in Saudi Arabia
 

SEA, LAND, AIR

2025 Chevrolet Equinox stands apart with fresh looks and capability

Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
Pagani Huayra R Evo, 900 hp from 770 Nm
 

DESIGN

Cold night, hot fire pit, cool entertainment

Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
Schüller kitchens, where functionality marries design
 

GADGETS

reMarkable 2, monochrome tablet for your thoughts and your eyes

OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
Neumann TLM 103, standard microphone for both voice and music
 

HEALTH

UK: People with HIV can now donate eggs or sperm to start family

EU health watchdog urges vaccinations to stem surge in Whooping Cough cases
Brazil resumes insulin production after two decades
India launches first home-grown gene therapy for cancer
UK scientists win funding for 'cancer detecting' Lollipops
State to cover rare disease treatment costs in Bulgaria
 

MEANTIME

Potentially habitable 'exo-Venus' with Earth-like temperature discovered

Rare species of wild bees discovered in Berlin
SLAC completes construction of largest digital camera ever built for astronomy
Solar eclipse next week in U.S., Mexico and Canada
Gravitational waves may have made human life possible
Astronomers unveil strong magnetic fields spiraling at the edge of Milky Way's central black hole