The Netherlands stands as the eighth largest export economy in the world and the twentieth most complex economy as ranked by the Economic Complexity Index (ECI). In recent years, the Netherlands exported around $535B yearly and imported around $540B, resulting in a small negative trade balance. In 2013 the GDP of the Netherlands was around $850B and its GDP per capita was around $46k.

It is estimated that the value of exports is over 80% of the Netherlands’ GDP a year. The main export destinations are Germany (around $115B), Belgium-Luxembourg ($90B), the United Kingdom ($52B), France ($33B) and Italy ($26B). The largest exports of the Netherlands are refined petroleum (at around $76B), petroleum gas ($25B), crude petroleum ($26B), computers ($16B) and packaged medicaments ($12B).

Chart Showing GDP Growth Compared to rest of world

Trade finance is a revolving facility which lenders offer – it enables firms to buy stock and can help ease the pressure from cash flow problems.

Typically, an alternative financier will fund most of the cost of the receivables, including charges (e.g. taxes).

Trade finance offers added advantages over more traditional bank funding such as asset finance or loans. Trade finance provides up front funding without affecting existing relationships with banks.

How does it work?
If you’re a business importing or exporting products around the world, then a trade finance facility would help you to fund this through offering a letter of credit or some form of cash advance.

I’m looking to import from Netherlands, how can Trade Finance Global help, and how does it work?
If you are looking to import inventory from other countries, you may require import finance, which is an agreement between yourself (the importer) and the foreign exporter. A non-bank lender will act as the intermediary, paying the foreign exporter on your behalf until you receive the products and have then sold them to your customer. Repaying the funder then occurs over an agreed period.