Dutch agricultural export shows the signs of coming stagnation

D

The Dutch export of agricultural goods such as flowers, plants, dairy and meat marginally increased last year. With an increase of next to statistics error of 0.2 percent, years of strong growth have come to an end. In 2017 the growth was registered at 6 percent, while in 2016 it was 4 percent. Central Bureau for Statistics (CBS) reported the data while noting that it is based on the preliminary data.

With an amount of more than 90 billion euros worth of agricultural goods that crossed the Dutch border last year, the Netherlands remains second largest exporter of agricultural products after the United States. The majority, some 72 percent of the products, was made in Netherlands. The rest came from other countries and went abroad via the country’s territory.

Products such as flower bulbs and plants, which fall under ornamental cultivation, are the largest export category and account for 10 percent of agricultural export value. Dairy products and eggs, meat, vegetables and fruit are the rest of the top five.

Products in which grain, flour and milk were processed showed the strongest growth: it was 12 percent. This was partly due to a strong increase in the demand for baby milk powder by China.

The list of the most popular export destinations remained the same as the year before. A quarter of the agricultural goods are transported to Germany. Belgium (11 percent) and the United Kingdom (10 percent) also receive relatively many products that are produced on Dutch soil.


By: Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at nicholas.dekramer@economicinform.com

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

Categories

About us

EconomicInform, EconomicInform.com is a product of EconomicInform LLC. We sincerely believe that economics is one of the most interesting and most underappreciated – in terms of getting some enjoyment out of reading the subject articles – sciences. More on that - at the link. Feel free to drop us a line.