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(Photo: Australian News Agency)
Of the entire continent, the Netherlands appears to be the most dependent on the Chinese economy. No European country imports more goods from China. And the tremendous progress continues to grow.
This increased dependence makes sense to some extent. Finally, the Chinese economy will overtake the dominance of the US by 2050. But surprisingly, the Netherlands is one of the countries that imports the most from China, not only in Europe, but all over the world. Especially when you look at the astronomical numbers.
The Netherlands is among the countries that import the most from China
An increase of almost $40 billion compared to 2020. In 2022, the total value of all Chinese goods traded to the Netherlands is more than $100 billion, or $117,730,967,517 to be exact.
This is almost four times more than in Belgium. This means that our country is also superior to the two economic superpowers Germany and Great Britain. Of all Western countries, only America outperforms the Netherlands. The table below shows the ten countries most dependent on the Chinese economy, as well as the value of all imported goods in 2022.
| nation | Value of Chinese imports 2022 |
|---|---|
| United State | $582.76 billion |
| Japan | $172.93 billion |
| South Korea | $162.62 billion |
| Vietnam | $146.96 billion |
| India | $118.50 billion |
| Holland | $117.73 billion |
| Germany | $116.23 billion |
| Malaysia | $93.71 billion |
| Britain | $81.54 billion |
| Singapore | $81.17 billion |
After the United Kingdom, Italy is the next European country on the list; In twentieth place with Chinese imports worth $50.91 billion. More than half of the Netherlands. Moreover, Hong Kong is in second place in principle, but the non-self-governing region is now definitely part of China. Check out the full list of Chinese importing countries at Trend economy.
What goods does the Netherlands receive from China?
It is also interesting which goods are shipped the most from China to the Netherlands. The table below shows the top ten, including their total value in 2022.
| goods | Value 2022 |
|---|---|
| Electrical and electronic equipment | $42.99 billion |
| Machines, nuclear reactors and steam boilers | $23.43 billion |
| Toys, games, sports equipment | $5.91 billion |
| Organic chemicals | $3.97 billion |
| Furniture, lighting signs, prefabricated buildings | $3.33 billion |
| Various chemical products | $2.90 billion |
| Mineral fuels, oils and distillation products | $2.82 billion |
| Plastic | $2.64 billion |
| Knitted or crocheted clothes | $2.19 billion |
| Vehicles, except for trams and trains | $2.15 billion |
a look at Trading economics All Chinese goods received by the Netherlands.
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