Leeds STV
Image default

UK export to the Netherlands is 14 percent higher despite all the worries

In the first half of this year, the Netherlands imported more than EUR 11 billion of goods from the United Kingdom. That is 14 percent more than a year earlier.

One of the reasons for the increase is that oil and gas have become more expensive. The changed trade relationship between the British and the European Union may also play a role, according to CBS. But what exactly the impact of the Brexit agreement, which entered into force on 1 January this year, is, according to the CBS Institute, difficult to say.

Since the beginning of this year, many items such as computers and clothing, which are often produced in Asia, have been shipped directly to the United Kingdom, whereas previously they were often shipped via the Netherlands. Some of these products are now imported from the United Kingdom. As a result, for example, imports of plastics and (medical) instruments and appliances have increased considerably, amounting to around EUR 200 million.

Not all goods have increased their import value. For example, in the first half of 2021, the Netherlands obtained fewer medicines, computer chips, fruit and vegetables from the United Kingdom.

The value of imports from the country is not yet at the level of 2019, despite the increase compared to a year ago. The CBS mentions, among other things, the influence of corona and fluctuating oil prices. In 2019, a barrel of crude oil cost more than in 2020.

Related posts

A man from Leeds flying to a bachelor party in Ibiza with 15 friends says: “Life must go on”

Paolo Sorbello

The lowest number of COVID-19 victims since October 5 reported

Mary Johnson

Leeds couple’s social distanced wedding in pictures as guests attend romantic ceremony

Brian O'Neil

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This site uses Akismet to reduce spam. Learn how your comment data is processed.