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Steel Exports Report: Netherlands
Background
The Netherlands, as of 2017, is the world’s fourteenth-largest steel exporter. In 2018, the Netherlands exported 10.7 million metric tons of steel, a 5 percent decrease from 11.4 million metric tons in 2017. Dutch exports represented about 3 percent of all steel exported globally in 2017. The volume of the Netherlands’ 2018 steel exports was 1/6th the size of the world’s largest exporter, China, and less than 1/3rd that of the second-largest exporter, Japan. In value terms, steel represented just 1.5 percent of the total amount of goods the Netherlands exported in 2018.
The Netherlands exports steel to more than 150 countries and territories. The 10 countries labeled in the map below represent the top markets for Dutch exports of steel, receiving more than 200 thousand metric tons each. The top 10 countries accounted for 85 percent of the Netherlands’ steel exports in 2018.
The Netherlands has maintained a persistent trade surplus in steel mill products since at least 2005. Since 2009, the volume of exports has increased 39 percent, while the volume of imports has increased 55 percent. Since 2009, the Netherlands has maintained an average annual surplus of 1.7 million metric tons. The Netherlands trade surplus grew steadily between 2009 and 2015 to peak at 3.0 million metric tons, before shrinking to just 694 thousand metric tons in 2016. During 2018, the Netherlands’ trade surplus in steel narrowed by 63 percent, from 1.5 million metric tons in 2017 to 556 thousand metric tons in 2018.
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