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Trade between the Netherlands and Taiwan

In 2024, the Netherlands exported $5.2 billion to Taiwan and imported $8.4 billion. The Netherlands ran a deficit of $3.2 billion with Taiwan, compared with a surplus of $3.2 billion in 2019. Taiwan was the Netherlands’ 17th largest trading partner (1% of its trade), and the Netherlands was Taiwan’s 14th (1%).

Summary

Netherlands → Taiwan
$5.2billion
Taiwan → Netherlands
$8.4billion
The Netherlands’ balance
-$3.2billion

Balance

The Netherlands’ trade balance with Taiwan

Trade between the Netherlands and Taiwan grew 5-fold since 1995

USD billions (current). The Netherlands’ exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 5.2
  • Imports 8.4
  • Balance -3.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$890 million$1.8 billion-$939 million
1996$1 billion$2.2 billion-$1.2 billion
1997$1.7 billion$3.4 billion-$1.7 billion
1998$1.6 billion$3.7 billion-$2 billion
1999$1.8 billion$3.5 billion-$1.7 billion
2000$2.1 billion$3.9 billion-$1.8 billion
2001$1.6 billion$3.9 billion-$2.3 billion
2002$1.5 billion$3.3 billion-$1.8 billion
2003$1.4 billion$5.1 billion-$3.7 billion
2004$2.3 billion$6.4 billion-$4.1 billion
2005$2.2 billion$4.3 billion-$2.2 billion
2006$2.3 billion$4.1 billion-$1.9 billion
2007$2.8 billion$4.4 billion-$1.6 billion
2008$2.5 billion$3.8 billion-$1.4 billion
2009$1.9 billion$2.9 billion-$960 million
2010$3.3 billion$3.6 billion-$302 million
2011$3.1 billion$3.6 billion-$558 million
2012$5.6 billion$3.9 billion$1.7 billion
2013$4.8 billion$3.3 billion$1.4 billion
2014$3.3 billion$3.6 billion-$285 million
2015$3 billion$3.3 billion-$355 million
2016$4.2 billion$3.9 billion$298 million
2017$3.6 billion$4.2 billion-$551 million
2018$4.2 billion$4.8 billion-$627 million
2019$8 billion$4.9 billion$3.2 billion
2020$6.4 billion$5.6 billion$770 million
2021$10.4 billion$7.3 billion$3.1 billion
2022$10.9 billion$7.7 billion$3.2 billion
2023$7.3 billion$8.4 billion-$1.1 billion
2024$5.2 billion$8.4 billion-$3.2 billion

What they sell each other

What the Netherlands sells to Taiwan

The top 10 headings in 2024, with their share of the total.

  1. Other industrial machines$3.6 billion · 69.3%
    4 thousand tonnes
  2. Mounted lenses and objectives$181 million · 3.5%
    34 tonnes
  3. Other measuring instruments$90 million · 1.7%
    211 tonnes
  4. Other iron or steel articles$61 million · 1.2%
    2 thousand tonnes
  5. Medicines in measured doses or retail packs$55 million · 1.1%
    281 tonnes · the Netherlands’ destinations
  6. Control panels$46 million · 0.89%
    80 tonnes
  7. Other food preparations$43 million · 0.83%
    5 thousand tonnes
  8. Electron microscopes$42 million · 0.82%
    77 tonnes
  9. Vaccines, blood and antisera$34 million · 0.66%
    125 tonnes · the Netherlands’ destinations
  10. Beer$33 million · 0.65%
    35 thousand tonnes · the Netherlands’ destinations

What Taiwan sells to the Netherlands

The top 10 headings in 2024, with their share of the total.

  1. Computers$2.5 billion · 29.5%
    6 thousand tonnes · Taiwan’s destinations
  2. Computer and office machine parts$1.4 billion · 16.7%
    8 thousand tonnes
  3. Cameras and broadcast equipment$828 million · 9.9%
    5 thousand tonnes
  4. Other industrial machines$450 million · 5.4%
    1 thousand tonnes
  5. Motorcycle and bicycle parts$227 million · 2.7%
    5 thousand tonnes
  6. Motorcycles$186 million · 2.2%
    3 thousand tonnes · the Netherlands’ sources
  7. Microchips$186 million · 2.2%
    245 tonnes · Taiwan’s destinations
  8. Screws, bolts and nuts$181 million · 2.2%
    48 thousand tonnes
  9. Mounted lenses and objectives$139 million · 1.7%
    252 tonnes
  10. Bicycles$112 million · 1.3%
    974 tonnes

How it travels

The Netherlands and Taiwan traded $13.6 billion in 2024 (both directions together). They trade mostly by air: 83% of the value travels by plane.

Split by transport mode

  1. Sea$2.3 billion · 16.8%
  2. Air$11.3 billion · 83.2%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Taiwan was the Netherlands’ 17th largest trading partner (1% of its trade), and the Netherlands was Taiwan’s 14th (1%).

Taiwan in the Netherlands’ trade
1.1%
Taiwan’s rank among the Netherlands’ partners
17th
The Netherlands in Taiwan’s trade
1.5%
The Netherlands’ rank among Taiwan’s partners
14th

Compare with

Other partners of the Netherlands

Other partners of Taiwan

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.