Dutch-made goods exports to the United Kingdom increased by 24 percent in the first quarter of this year to 5.7 billion euros, compared to the same period last year. This was announced by the Central Bureau of Statistics (CBS).
With a growth of 235 million euros, Dutch product exporters to the United Kingdom mainly sold more oil and gas. The export of flowers and plants grew by 179 million euros. In addition, the export of medical devices and other medical supplies has gained momentum, according to Statistics Netherlands. On the other hand, exports of passenger cars manufactured in the Netherlands to the British have decreased in particular from the first quarter of 2020.
However, exports of previously imported products (re-exports) to the UK have decreased by 26 per cent in the last period, resulting in the total value of exports to the country remaining virtually unchanged, according to Statistics Netherlands.
The Statistics Office also reported that the profits of Dutch exports of goods and services to the United Kingdom in the year 2020 amounted to 25.6 billion euros. This is 3.2 percent of the Dutch GDP. In 2019 it was still 3.5% (€ 28 billion). After Germany, the United Kingdom has been the Netherlands’ most important export destination for goods and services for many years.
According to Statistics Netherlands, data are available on employment related to exports to the UK up to 2019. In 2019, this included 264,000 full-time jobs. That’s 11 percent more than in 2015 when it came to 238,000 full-time jobs.
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