FX.co ★ Dutch Trade Surplus Narrows in February

The Netherlands experienced a reduction in its trade surplus, dropping to EUR 10.92 billion in February 2025 from EUR 11.78 billion the previous year. Import values increased by 3.3% year-over-year, reaching EUR 56.24 billion, with both EU and non-EU countries contributing to this rise, showing increases of 2.6% and 3.9% respectively. Significant increases were observed in the importation of food and live animals, which surged by 14.8%, raw materials at 12.5%, and miscellaneous manufactured goods at 6.4%. On the other hand, exports grew more modestly by 2.9%, totaling EUR 67.16 billion, with exports to EU countries rising by 2.7% and those to non-EU countries by 3.1%. Chemical products saw a particularly robust export increase of 10.2%, alongside food and live animals at 9.3%, and beverages and tobacco at 7.6%. During the first two months of the year, the trade surplus declined to EUR 22.31 billion, down from EUR 25.04 billion during the same period last year.