Dutch Trade Surplus Smallest in 8 Months

The Netherlands’ trade surplus narrowed to almost EUR 8.0 billion in April 2026 from EUR 8.6 billion in the same month a year earlier. This marks the smallest trade surplus since August last year, as imports rose faster than exports. Imports advanced 7.6% year-on-year to EUR 59.8 billion, reflecting higher purchases from both EU (5.7% vs 5.6% in March) and non-EU (9.3% vs 4.4%) countries. Among commodities, inbound shipments rose the most for mineral fuels and lubricants (+40.3%), chemical products (+7.9%), and beverages and tobacco (+4.4%). Meanwhile, exports rose 5.6% to EUR 67.7 billion, as sales grew from both EU (7.0% vs 7.9%) and non-EU (3.3% vs -6.5%) markets. Exports increased primarily for mineral fuels and lubricants (+31.5%), animal and vegetable oils (+16%), and beverages and tobacco (+4.7%). In the first three months of the year, the Dutch trade surplus stood at EUR 37.7 million, as exports fell 0.6% while imports rose 0.3%.

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