Netherlands: What is the secret of Dutch trade?
Rising protectionism in China and the United States, Brexit, contracting world trade... despite all the clouds on the horizon, the Dutch economy remains surprisingly bright.
A dominant global maritime and economic power in the 17th century, the Netherlands has remained a major player in world trade. In 2018, the Netherlands was the sixth-largest merchandise exporter in the world and, in terms of GDP, ranked third in 2015 (just behind Ireland and Switzerland).
However, times have changed: the global economic environment is less favourable and world trade has lost momentum. Coface expects world trade to decline by 0.8% in volume over the full year 2019.