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Trade between the Netherlands and Vietnam

In 2024, the Netherlands exported $1.2 billion to Vietnam and imported $8.7 billion. The Netherlands ran a deficit of $7.5 billion with Vietnam, compared with a deficit of $5.7 billion in 2019. Vietnam was the Netherlands’ 24th largest trading partner (0.8% of its trade), and the Netherlands was Vietnam’s 17th (1%).

Summary

Netherlands → Vietnam
$1.2billion
Vietnam → Netherlands
$8.7billion
The Netherlands’ balance
-$7.5billion

Balance

The Netherlands’ trade balance with Vietnam

Trade between the Netherlands and Vietnam grew 62.9-fold since 1995

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

  • Exports 1.2
  • Imports 8.7
  • Balance -7.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$43 million$113 million-$70 million
1996$49 million$146 million-$97 million
1997$42 million$194 million-$152 million
1998$29 million$240 million-$211 million
1999$30 million$267 million-$237 million
2000$103 million$371 million-$268 million
2001$134 million$392 million-$258 million
2002$135 million$383 million-$247 million
2003$359 million$435 million-$76 million
2004$205 million$562 million-$358 million
2005$340 million$562 million-$222 million
2006$395 million$762 million-$367 million
2007$533 million$983 million-$451 million
2008$754 million$1.2 billion-$467 million
2009$519 million$1.1 billion-$601 million
2010$608 million$1.4 billion-$744 million
2011$864 million$1.9 billion-$993 million
2012$835 million$2.2 billion-$1.4 billion
2013$853 million$2.6 billion-$1.8 billion
2014$763 million$2.8 billion-$2.1 billion
2015$974 million$4.8 billion-$3.9 billion
2016$879 million$6.2 billion-$5.3 billion
2017$888 million$7.4 billion-$6.5 billion
2018$1.1 billion$6.6 billion-$5.5 billion
2019$946 million$6.6 billion-$5.7 billion
2020$913 million$7.1 billion-$6.1 billion
2021$972 million$7.5 billion-$6.5 billion
2022$1.1 billion$8 billion-$6.9 billion
2023$1.3 billion$8.8 billion-$7.5 billion
2024$1.2 billion$8.7 billion-$7.5 billion

What they sell each other

What the Netherlands sells to Vietnam

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

  1. Turbojets and gas turbines$89 million · 7.6%
    32 tonnes · the Netherlands’ destinations
  2. Auto parts$49 million · 4.2%
    537 tonnes · the Netherlands’ destinations
  3. Medicines in measured doses or retail packs$47 million · 4.1%
    540 tonnes · the Netherlands’ destinations
  4. Cameras and broadcast equipment$46 million · 3.9%
    124 tonnes
  5. Bulbs, tubers and rhizomes$42 million · 3.6%
    13 thousand tonnes
  6. Air conditioners$39 million · 3.4%
    144 tonnes
  7. Other industrial machines$28 million · 2.4%
    663 tonnes
  8. Pet and animal feed$28 million · 2.4%
    21 thousand tonnes
  9. Waste paper$23 million · 2%
    152 thousand tonnes
  10. Computer and office machine parts$21 million · 1.8%
    93 tonnes

What Vietnam sells to the Netherlands

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

  1. Cameras and broadcast equipment$1.9 billion · 22.4%
    8 thousand tonnes
  2. Computer and office machine parts$1.2 billion · 14.3%
    50 thousand tonnes
  3. Textile footwear$348 million · 4%
    14 thousand tonnes
  4. Microchips$303 million · 3.5%
    71 tonnes · Vietnam’s destinations
  5. Leather footwear$300 million · 3.5%
    14 thousand tonnes
  6. Coconuts, Brazil nuts and cashews$217 million · 2.5%
    36 thousand tonnes
  7. Computers$216 million · 2.5%
    872 tonnes · Vietnam’s destinations
  8. Printers and printing machines$207 million · 2.4%
    5 thousand tonnes
  9. Bags, suitcases and cases$173 million · 2%
    13 thousand tonnes
  10. Phones and telecom equipment$149 million · 1.7%
    239 tonnes

How it travels

Estimated sea route from Rotterdam to Phu My.

The estimated sea route between Rotterdam and Phu My is 12,663 nautical miles (23,451 km) long: ≈ 29.5–37.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Dover, the Cape of Good Hope and the Strait of Malacca and Singapore (12,663 nautical miles); and 15% via the Strait of Dover, the Strait of Gibraltar, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (9,208 nautical miles).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$5.6 billion · 56.8%
  2. Air$4.3 billion · 43.2%

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

How much each matters to the other

Vietnam was the Netherlands’ 24th largest trading partner (0.8% of its trade), and the Netherlands was Vietnam’s 17th (1%).

Vietnam in the Netherlands’ trade
0.8%
Vietnam’s rank among the Netherlands’ partners
24th
The Netherlands in Vietnam’s trade
1.1%
The Netherlands’ rank among Vietnam’s partners
17th

Compare with

Other partners of the Netherlands

Other partners of Vietnam

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.