FX.co ★ Dutch Trade Surplus Narrows in December

The Netherlands’ trade surplus edged down to EUR 9.72 billion in December 2025 from EUR 9.70 billion in the same month a year earlier. Imports rose 4.1% year-on-year to EUR 56.5 billion, supported by higher inflows from both EU countries (up 2.7%) and non-EU partners (up 5.4%). By category, imports increased for food and live animals (6.2%), animal and vegetable oils (35%), machinery and transport equipment (11.3%), and miscellaneous manufactured goods (6.5%).

Exports grew 3.5% to EUR 66.2 billion, largely driven by stronger sales to EU markets (up 5.2%) and, to a lesser extent, to non-EU countries (up 1.2%). Export growth was particularly notable for beverages and tobacco (8.7%), raw materials (10.1%), and goods not elsewhere classified (59.3%).

For the full year, the Netherlands’ trade surplus narrowed to EUR 117.5 billion, down from EUR 124.6 billion in the previous year.