Market Brief on Netherlands

January 2018

Location Facts and Figures

Netherlands is in Western Europe with three island territories in the Caribbean. The European part of the Netherlands borders Germany to the east, Belgium to the south, and the North Sea to the northwest, sharing maritime borders with Belgium, the United Kingdom and Germany.

Total Population 17 million

Area 30,528 sq. km

Time Zone UTC +01:00

Capital City Amsterdam

International Telephone Code

+31

Currency Euro

Exchange Rate (01/02/2018)

1 USD = 0.803858 EUR

GDP (2017 est.)

US$799.8 billion

GDP per capita (2017 est.)

US$46,828.8

GDP Growth Rate 1.6%

Ease of Doing Business (World Bank 2017)

28 /190

Inflation Rate (2017 est.)

0.9%

Official Language(s)

Dutch

Other Languages

Frisian, Papiamento

Business Hours 0800 hrs-1700 hrs Lunch 1300-1400 hrs

Banking Hours 0900-1530 hrs (weekdays) 0830-1200 (Sat)

Literacy Rate 99%

Measures Metric System

Important International Participation

AfDB, Schengen

Convention, UN, WTO

City POPULATION

Amsterdam 741,636

Rotterdam 598,199

The Hague 474,292

Utrecht 290,529

Eindhoven 209,620

Tilburg 199,613

Groningen 181,194

Almere Stad 176,432

Breda 167,673

Nijmegen 158,732

Cities and Population

Netherlands Trade with the World

Major import sources of Netherlands (2016) Major export destinations of Netherlands (2016)

Na

2012 2013 2014 2015 2016

Exports (US$'000) 655,783,118 671,574,098 672,844,926 569,790,889 569,383,956

Imports (US$'000) 587,293,416 589,694,410 589,592,496 513,257,626 504,185,169

0

100,000,000

200,000,000

300,000,000

400,000,000

500,000,000

600,000,000

700,000,000

800,000,000

US

$'0

00

15%

14%

8%

8%

5%4%3%

2%2%

2%

37%

Germany China Belgium USA

UK Russia France Japan

Italy Poland Other

22%

10%

9%

9%4%

4%3%

2%2%

2%

33%

Germany Belgium UK France

Italy USA Spain Poland

Sweden China Other

Source: Trademap Source: Trademap

Source: Trademap

Major import products of Netherlands (2016) Major export products of Netherlands (2016)

Zimbabwe-Netherlands Trade

13%

12%

12%

5%

4%4%3%2%2%

1%

42%

Electrical machinery (Telephone sets, Electronic integrated circuits)

Mineral fuels (Petroleum oils & gas)

Machinery (Automatic data-processing, printing machinery)

Vehicles

Pharmaceutical products

Medical or surgical equipment

Organic chemicals (Heterocyclic compounds, cyclic hydrocarbons)

Plastics and articles thereof

Iron and steel

Articles of apparel and clothing accessories

Other

13%

12%

9%

5%

4%

4%4%3%2%

2%1%

41%

Machinery (Printing machinery, automatic data-processing)

Electrical machinery (Telephone sets, electronic integrated circuits)

Mineral fuels (Petroleum oil, coal, electricity)

Pharmaceutical products

Medical or surgical equipment

Vehicles

Polyacetals & polymers of ethylene

Organic chemicals (Cyclic & acyclic hydrocarbons)

Iron and steel

Meat and edible meat

Miscellaneous chemical products

Other

2012 2013 2014 2015 2016

Exports (US$'000) 81,659 94,455 94,571 76,211 60,425

Imports (US$'000) 29,424 33,466 23,529 15,722 15,231

Trade Bal (US$'000) 52,235 60,989 71,042 60,489 45,194

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

US

$'0

00

Source: Trademap Source: Trademap

Source: Trademap

Zimbabwe’s major exports to Netherlands (2016)

Zimbabwe Exports to

Netherlands in 2016 US$’000

Annual growth in value between

2012-2016, %, p.a.

Netherlands Imports from the World in 2016,

US$’000

Fresh or dried oranges & grapefruit 18,402 5 1,129,565

Tobacco and unmanufactured 15,977 -12 460,009

Peas 9,937 11 158,067

Cut flowers 5,351 -15 1,023,133

Ferro chromium 4,621 -32 1,692,183

Fresh or dried avocados 2,918 32 624,781

Fresh passion fruit 1,135 98 194,631

Fresh crocodile meat 913 3 1,213

Fresh or chilled pepper 196 -4 154,510 Source: Trademap

Zimbabwe products with export potential to Netherlands Zimbabwe's imports from Netherlands (2016)

• Fresh cut roses

• Fresh vegetables – peas, beans

• Edible fruit, citrus fruits, melons, avocadoes pineapples, mangoes, avocadoes, guavas, peaches

• Cane sugar

• Tobacco, unmanufactured

• Tea

• Coffee

• Iron and steel articles

• Granite (trimmed/polished)

• Art and crafts – stone carvings, basketry

24%

24%21%

4%

4%

2%

2%

2%

2%

2%

13%

Pharmaceutical products

Chemical products

Machinery (Printing machinery and parts)

Medical or surgical equipments & parts

Electrical machinery (Telephone sets, storage devices)

Cutlery of base metal

Mineral fuels (Petroleum oils & peat)

Aluminium and articles thereof

Malt extract

Miscellaneous edible preparations

Other

Source: Trademap

Useful Addresses Preferential Trade Arrangements

NETHERLANDS Embassy of the Kingdom of The Netherlands 2 Arden Road P. O. Box HG601 Highlands Harare Tel: +263 4 776701-6 Fax: +263 4 776700

E-mail: har@minbuza.nl Website: www.zimbabwe.nlembassy.org International Chamber of Commerce Bezuidenhoutseweg 12 2594 AV THE HAGUE Netherlands Tel: +31 70 3836646

Email: info@icc.nl Website: www.icc.nl

For more information, please contact us

www.tradezimbabwe.com info@zimtrade.co.zw +263-4-369330-41

Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to www.tradezimbabwe.com

Interim Economic Partnership Agreement (iEPA)

Zimbabwe signed the iEPA under the Eastern and Southern African Bloc with the European Commission (EC) on 29 August 2009 together with three other countries (Madagascar, Seychelles and Mauritius).

The interim EPA consolidates the duty free, quota-free market access which the EU28 offers to all exports from the four Eastern and Southern African States (ESA). The ESA countries involved will gradually open their markets to EU exports over 15 years, with some exceptions for products that ESA countries consider sensitive.

Travelling to Netherlands

• Zimbabwe nationals must apply for a visa in person at the Netherlands Embassy.

• A valid passport (at least 6 months) is required.

• Options to travel to Netherlands by air include: ✓ Harare-Johannesburg- Amsterdam ✓ Harare-Lusaka-Dubai- Amsterdam ✓ Harare-Addis Ababa- Amsterdam