The value of Dutch-made goods exports to the UK was in the first quarter 5.7 billion euro. Re-export was good for that period 3.2 billion euro. In 2020, the Dutch economy generated nearly 56 cents per euro from exports of Dutch-made goods to the UK, compared to 14 cents per euro of re-exports.
The importance of Dutch-made exports to the United Kingdom has increased
In the first quarter of 2021, total exports of goods produced in the Netherlands grew by 8 percent; Significantly lower than the growth in exports to the United Kingdom (24 percent). This is partly because the share of oil and gas in the export package is much larger than it was a year ago. Oil and gas prices rose sharply in the first quarter.
Partly as a result of these developments, the share of Dutch-made goods export to the UK increased from 6.5 percent in the first quarter (1e 2020 quarter) to 7.5 percent. This is 1 percentage point higher than in 2020, but compared to the first quarter of 2016, the share of exports of Dutch-made products to the UK was more than one percentage point smaller.
Significant increase in oil and gas exports
Dutch product exporters sold to the UK in the first quarter of 2021, with growth 235 million Especially the euro, more oil and gas. The export of flowers and plants grew 179 million euro. In addition, the export of medical devices and other medical supplies gained momentum in the first three months of this year. Conversely, exports of passenger cars manufactured in the Netherlands to the United Kingdom have decreased in particular from the first quarter of 2020.
|oil and gas||235|
|Flowers and plants||179|
|Computers and office devices||83|
|Medical tools and devices||66|
|Ships and boats||-32|
|Generators and engines||-21|