Quick Answer: What Does The Netherlands Import?

What are the major imports of Netherlands?

TopMineral fuels including oil: US$98.5 billion (15.5% of total imports)Electrical machinery, equipment: $94.3 billion (14.8%)Machinery including computers: $84.9 billion (13.4%)Vehicles: $36.9 billion (5.8%)Pharmaceuticals: $32.6 billion (5.1%)Optical, technical, medical apparatus: $27.9 billion (4.4%)More items…•.

What are the main exports of the Netherlands?

Economy of the NetherlandsStatisticsExports$555.6 billion (2017 est.)Export goodsmachinery and transport equipment, chemicals, mineral fuels; food and livestock, manufactured goodsMain export partnersGermany(+) 24.2% Belgium(+) 10.7% United Kingdom(+) 8.8% France(+) 8.8% Italy(+) 4.2% (2017)39 more rows

How did Netherlands get so rich?

The Netherlands is the second largest exporter of agricultural goods in the world after the United States and has one of the most advanced food industries on the planet. … By revenue from the export of agricultural goods, the Netherlands takes the first place in Europe and second in the world only to the United States.

How much is customs duty in Netherlands?

Customs Duties and Taxes on Imports As a member of the EU, the Netherlands has one of the lowest average custom duties at 4.17%.

What is the VAT rate in the Netherlands?

21%The Dutch standard VAT rate is 21% and applies to most goods and services. The Dutch rate is average in comparison to other EU member states (see under the rate in other EU – member states).

How do I import to the Netherlands?

Goods that are imported from outside the EU to the Netherlands must be declared to Customs. You are then able to import the goods into the EU using a customs declaration. You will be required to pay the VAT on the goods to Customs.

Why were the Dutch so successful in trading?

Now we see the importance of competitive goods, the Dutch traded what was in demand and the strategy proved to be very favorable for them. They were long distance tradesmen and had some breathing space as far as trade regulations went which also contributed to their growth.

Why were the Dutch successful in the 1600s?

Taking advantage of a favorable agricultural base, the Dutch achieved success in the fishing industry and the Baltic and North Sea carrying trade during the fifteenth and sixteenth centuries before establishing a far-flung maritime empire in the seventeenth century.

What does the Netherlands specialize in?

Also shown is the percentage share each export category represents in terms of overall exports from the Netherlands.Machinery including computers: US$101.8 billion (14.3% of total exports)Mineral fuels including oil: $91.3 billion (12.9%)Electrical machinery, equipment: $90.8 billion (12.8%)More items…•

Do you pay import tax from the Netherlands?

When importing goods into the Netherlands from outside the European Union (EU), you will usually have to pay import duties. You will also have to pay VAT and in some cases excise duty, consumption tax or other levies.

What are the major imports of Europe?

In 2019, the top 5 EU import products were computer, electronic and optical products, crude petroleum and natural gas (both 13 % of total imports), chemicals & chemical products (7 %), machinery & equipment and motor vehicles, trailers and semi-trailers (both 6 %).

Is the Dutch economy strong?

The Netherlands has one of the strongest economies in the world. For such a small country this is quite a feat. There are many factors that contribute to making the Dutch economy thrive. It has a wide variety of economic sectors that contribute to its strength and global reputation.