€22.7 billion revenue from exports to the UK
The Netherlands’ highest export revenues are in trade with Germany, followed by the United Kingdom. When costs of imported raw materials, intermediate products, end products, semi-finished products and imports destined for re-exports are deducted from the export value, this results in 22.7 billion euros worth of export earnings. This is an increase of 1.0 billion euros compared to 2015 and 0.4 percent less than in 2016. Over 45 percent of export revenues are related to Dutch-manufactured goods, 42 percent are related to services; the remaining part concerns re-exports.
|2017 (billion euros)||2016 (billion euros)||2015 (billion euros)|
|Export of Dutch-|
|Export of services||9.468||9.374||8.981|
Highest revenues in wholesale
In 2017, wholesale and commission trade benefited by far the most from exports to the United Kingdom (3.8 billion euros). Other sectors generating one billion euros or more were holdings and management consultancies, storage and transport services, temp agencies and employment services and agriculture.
Compared to 2015, the distribution over the various sectors of the value added of exports to the United Kingdom has changed. The value added in wholesale and commission trade was up 314 million, i.e. an increase of more than 9 percent. This was 18.9 percent for temp agencies and employment services, 8.8 percent for holdings and management consultancies and 10 percent for storage and transport services. The value added in the car and trailer sector rose by 58 percent. On the other hand, the value added in the export of petroleum and natural gas to the UK decreased by 33.6 percent.
|2017 (billion euros)||2015 (billion euros)|
|Wholesale and commission trade||3.777||3.463|
|Holdings and management consultancies||1.253||1.152|
|Storage and transport services||1.045||.950|
|Temp agencies and employment services||1.006||.846|
|Mining of natural gas and petroleum||.817||1.230|
|Legal services and administration||.497||.442|
218 thousand jobs due to exports to the UK
In 2016, exports to the United Kingdom created over 218 thousand full-time jobs in total. These were taken up by 63 thousand women and 155 thousand men. Most of these jobs were in business services (62 thousand), mainly temp agencies and employment services (23 thousand) and holdings and management consultancies (12 thousand). Manufacturing industry, trade, and transport and storage follow at 41 thousand, 38 thousand and 25 thousand respectively.
|2016 (1,000 labour years)|
|Transport and storage||25|
- Internationalisation Monitor - Q1 2017: United Kingdom