According to the last report of the INDEC of Argentine Commercial Exchange, the exports The Netherlands represents a sum of 2,921 million dollars in 10 months of 2022. Thus, the Netherlands represents 3.9% of total exports, slightly below India.
On the other hand, the imports they were for 779 million, which resulted in a surplus trade balance for Argentina of 2,142 million dollars.
Only in octoberthe exports to that destination were for 340 million dollars, and the imports for 139 million, which resulted in a surplus of 201 million dollars. Both in the accumulated and the monthly variation, the trade balance with the Netherlands is in second place among the countries with which Argentina does not have a trade deficit.
The Netherlands is one of the largest food exporters, mainly to Europe, despite having a rather marginal primary production. This responds to its specialization in the processing of nuts.
According to official data from the Ministry of Foreign Affairs, between 2012 and 2020, the Netherlands was the main exporter of edible nuts and dried fruits, with a participation within the European Union of 25% out of a total of 6.793 million euros.
Furthermore, this country is the main importer of soybeans in Europe, intended mainly for fattening animals for human consumption, and the second largest importer in the world. It is also the first Argentinian peanut importer of the European Union, with more than 95% of the total imported, which is equivalent to 47% of the total Dutch market.
Argentina ranks fifth among wine suppliers to the Netherlands, outside the European Union: in 2020, Argentine exports were approximately 31.9 million euros.
Products that are exported to the Netherlands
- Biodiesel and its mixtures, without petroleum or bituminous mineral oils (there was a drop of 24.3% compared to 2021).
- Peanuts not roasted or otherwise cooked, excluded for planting, shelled, even broken (23.3% growth compared to 2021).
- Non-sparkling wines, grape must, in which fermentation has been prevented or stopped by adding alcohol (4.7% drop compared to 2021).
- Bovine meat, fresh or refrigerated, boneless (decrease of 13.2%-2021).
Products that are imported from the Netherlands
- Gasoil
- Gasoline, excluding aviation
Notable companies in the Netherlands are: COFCO International Netherlands BV, Cefetra BV, Catz International BV, Nutland BV, AMS Sourcing BV and CIV Superunie BA The Netherlands is the main entry point for fresh fruits in Europe.
Trade with the European Union had a surplus of 231 million dollars. Exports totaled 1,165 million dollars, with a year-on-year increase of 25.0% (233 million dollars), mainly due to higher sales of MOA. Of a total of twenty-seven countries, the ten that registered the highest exports concentrated 94.8% of sales to the bloc: the Netherlands (includes the port of Rotterdam, transit to other countries), Italy, Spain, Poland, Germany, France, Ireland, Belgium, Portugal and Latvia, in that order. 33% of total exports to the European Union consisted of sales of flour and pellets from the extraction of soybean oil.
Energy
The former ambassador of the Netherlands in Argentina, Roel Nieuwenkamp, visited the province of Neuquén and the Vaca Muerta deposit in May of this year. There, he expressed interest in increasing the investment of companies from his country in the local hydrocarbons industry: “We are looking for new attractions for the short and long term. Neuquén has gas, which is a transition energy and there is also the possibility of investment in wind energy projects and solar parks, there are a lot of opportunities in Argentina and in Neuquén, interesting for Europe”
Source: Ambito
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