The Netherlands is a densely populated nation of 17 million inhabitants on the Northwestern coast of Europe.
International trade is a critical aspect of the Dutch economy, comprising 77.9% of the nation’s GDP.
The Netherlands’ 2019 import flows exceeded $514 billion, with imports primarily coming from Germany, Belgium, China, USA, and Ireland.
While the Netherlands as a whole is heavily involved in international trade, the bulk of trade volume is conducted by the nation’s larger firms.
The Netherlands appears to be very comfortable with digitalisation and the notion of digital banking.
Notably, SMEs in the Netherlands rank in the upper range of their OECD counterparts on all aspects of digital readiness.
|Official Name (Local Language)||Koninkrijk der Nederlanden||Capital||Amsterdam||Population||17,016,967||Currency||Euro||GDP||$773.9 billion||Languages||Dutch||Telephone Dial In||31|
% Partner Share
Petroleum oils, etc, (excl. crude); preparation
Petroleum oils and oils obtained from bituminou
Transmission apparatus, for radioteleph incorpo
Parts and accessories of automatic data process
Other medicaments of mixed or unmixed products,
Vegetables, ornamentals, dairy, poultry and livestock products; propagation materials
Agro industries, metal and engineering products, electrical machinery and equipment, chemicals, petroleum, construction, microelectronics, fishing
Trade finance is a revolving facility which lenders offer – it enables businesses to purchase stock supplies and can help ease working capital issues.
Typically, a trade financier will fund up to 100% of the cost of the products, including charges (e.g. VAT taxes).
Trade finance offers benefits over more traditional bank finance such as invoice finance or business loans.
Businesses are provided quick funding without it affecting existing relationships with banks.
If a company is importing or exporting stock worldwide, then a trade finance facility would help fund this by offering a letter of credit or some form of cash advance.
If an enterprise is looking to export inventory to other markets, it may require export finance, which is an agreement between the exporter and the importer.
A trade finance bank would advance the cost of producing the stock supplies that are being exported (as a loan), either once the goods have been sent, or before they have been produced.
Once a foreign importer has received the stock and pays for the import, the advance loan will then be repaid from the export lender over an agreed period.
Exporting to Netherlands? Contact our local experts
Netherlands Economic Statistics
De Nederlandsche Bank
Currency in Netherlands
Natasha Roston is Head of People and Growth at Trade Finance Global (TFG).
She builds partnerships to create innovative trade finance education projects and experiences. A key advocate for TFG’s annual Women In Trade campaigns, Natasha wrote a piece on the impact of gender stereotypes for gender equality in the workplace in 2022. Natasha is also responsible for TFG careers, culture, and team growth. A Level 2 Qualified Coach and Mental Health First Aid Champion, she leads internal training, supporting the holistic wellbeing of the team.
Before joining TFG Natasha worked in education for over a decade. Initially as a classroom teacher, and then in academic and pastoral leadership roles. Following this, she worked in EdTech as a Learning Design Coach for Aula’s Higher Education platform.
Natasha holds an MA from Tel Aviv University, a History PGCE from The Institute of Education and a BA from the University of Nottingham. Currently, she is studying for her Level 3 Certificate in International Trade from the Institute of Export & International Trade. In addition to her work at TFG, Natasha volunteers for the Young Women’s Trust as a Work It Out – CV Volunteer.