Netherlands export of aluminium cans during 2018-20 displays enterprising growth

The economic advisor of the Netherlands, De Nederlandsche Bank (DNB) reveals the forecast of the Dutch economy twice a year. So, according to them, 2021 will have two patterns, the economy to shrink marginally in early 2021, followed by robust growth in the summer.  However, unemployment will rise, increasing to 4.6% in 2021 and 5.3% in 2022; public finances will slump, though they will not worsen to the extent that was previously forecasted.

The North-western European nation’s aluminium cans exportation recorded to 67,144 tonnes during 2018-19 and the revenue generated from the export was $251.19 million. The import for 2020 stood at 68,414 tonnes and the earnings remained at $216.77 million. Howbeit, when the export volume and earnings of 2020 get added with the preceding two years, it resembles 135,558 tonnes and $467.96 million respectively.

In 2018, the Netherlands export of aluminium cans was documented at 43,542 tonnes and the revenue earnings accounted for $81.47 million, whereas, in 2019, the export saw a rise by 84.48%, as the export volume grew to 43,542 tonnes and the earnings jumped to $169.72 million.

The export for 2020 also notified with a further enterprising growth by 57.12%, as the export volume rose to 68,414 tonnes and the earnings grew to $216.77 million.

The major trading destinations for the Netherlands export of aluminium cans are Bosnia Herzegovina, Austria, Belgium, Canada, Czech Rep., Denmark, Finland, France, Georgia, Hungary, Luxembourg, Italy, Jamaica, Mexico, Poland, Romania, Spain, Turkey, USA, etc.