Concerns over international trade among manufacturing exporters
International trade has seen growing uncertainty in recent months due to new tariffs imposed by the United States and the potential for countermeasures by the EU and China. Nearly 80 percent of manufacturing companies in the Netherlands are exporters. Of those manufacturing exporters, 95 percent have concerns about international trade policy over the coming 12 months, an increase from 41 percent in March of 2023. Nearly every company in the wood and construction materials industry and the paper and printing industry reported concerns. Even in the sector where concern is the lowest, the manufacture of transport equipment, 82 percent of companies indicated that they have concerns.
| Branche | May 2025 (% of exporters) | March 2023 (% of exporters) |
|---|---|---|
| Total manufacturing | 94.6 | 41.3 |
| Paper and printing | 100.0 | 19.1 |
| Wood and construction materials | 99.5 | 20.9 |
| Base metals and metal products | 96.7 | 41.9 |
| Food and beverages | 95.5 | 41.3 |
| Electrotechnical and machinery | 95.1 | 60.9 |
| Refineries and chemicals | 94.8 | 29.5 |
| Textiles, garments and leather | 94.0 | 19.3 |
| Other manufacturing and repairs | 90.7 | 24.7 |
| Transport equipment | 81.6 | 44.4 |
Import tariffs are the greatest source of concern
Around 77 percent of exporting manufacturers identify import tariffs as one of the most concerning aspects of international trade policy over the next 12 months. In March 2023 less than 10 percent did so. Over 26 percent of companies believe that non-tariff measures will negatively affect their exports, and 15 percent have concerns about sustainability guidelines and requirements.
Companies in the electrotechnical and machinery sector are the most likely to have one or more concerns regarding trade policy over the next 12 months, with both import tariffs (85 percent) and non-tariff measures (30 percent) a concern. Companies in the refineries and the chemical industry are the most likely to indicate that they have concerns about trade sanctions.
| Import tariffs (% of exporters) | Non-tariff measures (% of exporters) | Sustainability guidelines or requirements (% of exporters) | Trade sanctions (% of exporters) | Trade agreements (% of exporters) | None (% of exporters) | |
|---|---|---|---|---|---|---|
| Total manufacturing | 76.9 | 26.6 | 15.2 | 8.2 | 7.1 | 5.4 |
| Electrotechnical and machinery | 84.5 | 29.8 | 12.5 | 10.7 | 6.8 | 4.9 |
| Refineries and chemicals | 77.3 | 34.1 | 9.6 | 13.9 | 6.7 | 5.2 |
| Food and beverages | 67.4 | 27.3 | 20.3 | 7.9 | 15.6 | 4.5 |
| Textiles, garments and leather | 72.7 | 29.3 | 14.3 | 7.4 | 5.3 | 6.0 |
| Base metals and metal products | 85.4 | 25.4 | 14.0 | 0.6 | 3.8 | 3.3 |
| Paper and printing | 73.8 | 19.3 | 23.5 | 9.5 | 0.0 | 0.0 |
| Wood and construction materials | 76.9 | 24.0 | 15.3 | 8.4 | 0.0 | 0.5 |
| Transport equipment | 71.4 | 15.1 | 7.8 | 6.9 | 5.4 | 18.4 |
| Other manufacturing and repairs | 64.3 | 10.5 | 29.2 | 1.7 | 2.1 | 9.3 |
| 1)Companies were able to select a maximum of two responses | ||||||
Changes in trade policy often affect exports
Only 8 percent of exporting manufacturers believe that changes in trade policy will not affect their exports, compared to 47 percent in March 2023. Of those that do expect to see an impact, 40 percent are mainly concerned about a change in export volume. That is nearly twice as many as in March 2023 (23 percent). Additionally, 9 percent of companies indicated that policy changes would mainly affect their pricing.
The electrotechnical and machinery industry is most likely to feel the impact of a change in trade policy. In this sector, 60 percent of exporters indicate that the volume of exports will change. Companies in the transport equipment sector are the most likely to change export markets as a result of changes in international trade policy. However, out of all the sectors, they are also the least likely to say that the volume of their exports will change.
| Bedrijfstak | Changes in how much we export (% of exporters) | Changes in price that we charge customers (% of exporters) | Changes in the export markets that we serve (% of exporters) | None, changes in trade policy often have no effect our exports (% of exporters) | We will switch to other ways of doing business internationally (e.g. franchising, joint ventures, local offices etc.) (% of exporters) | Other (% of exporters) |
|---|---|---|---|---|---|---|
| Total manufacturing | 40.4 | 9.0 | 9.0 | 8.0 | 1.4 | 32.3 |
| Electrotechnical and machinery | 60.0 | 6.6 | 10.0 | 4.7 | 1.1 | 17.7 |
| Base metals and metal products | 45.4 | 9.3 | 8.1 | 5.9 | 0.0 | 31.3 |
| Textiles, garments and leather | 42.3 | 1.6 | 6.0 | 11.0 | 0.8 | 38.3 |
| Refineries and chemicals | 40.1 | 8.6 | 5.1 | 15.4 | 1.4 | 29.4 |
| Paper and printing | 30.6 | 5.6 | 1.8 | 7.9 | 2.7 | 51.3 |
| Food and beverages | 30.2 | 11.1 | 9.4 | 8.4 | 1.5 | 39.4 |
| Wood and construction materials | 25.0 | 12.8 | 7.2 | 11.2 | 3.3 | 40.5 |
| Other manufacturing and repairs | 24.6 | 9.4 | 5.2 | 4.6 | 0.0 | 56.3 |
| Transport equipment | 15.7 | 13.9 | 27.4 | 5.2 | 4.6 | 33.2 |