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AL CIRCLE

The Netherlands Aluminium structures export shows strong market during 2017-20

EDITED BY : 2MINS READ

The Netherlands is the ninth largest export economy of the world, exporting $435 billion of goods each year as recorded in 2019. The country shows a positive trade balance of $42.8 billion after deducting annual imports of $393 billion.

The Netherlands has a 4.6% share of the annual $37.2 billion raw aluminium market and it is the sixth-largest exporter in the world. Germany is the largest export destination for the Netherlands' raw aluminium exports and they take 55% of the Dutch annual export total of $1.71 billion. The Netherlands is home to one of the primary aluminium smelting operations in the world, which is based in Delfzijl.

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Netherlands Auminium Structures export

The Netherlands aluminium structures export during 2017-19 stood at 121,755 tonnes and the foreign exchange earned during the same period was accounted to $793.22 million.

The projected export for 2020 is 43,778 tonnes and when added with 2017-19 export figures it stands to 165,533tonnes and the foreign earning accounts to $1.06 billion.

In 2017 the Netherlands aluminium export stood at 44,250 tonnes and the amounted reflected was $258.27 million, whereas in 2018 the export shows de-growth of 9.81%, the volume stood at 39,905 tonnes. The amount earned rose to $277.46 million due to the increase in the price.

The Aluminium structure export in 2019 again showed a dip both in earnings and volume. The volume stood at 37,600 tonnes and the earning stood 257.49 tonnes.

The projection for 2020 is showing a positive trend as the total volume could reach 43,778 tonnes, a rise of 16.43%, whereas the revenue generation rose to $267.18 million.

Global Aluminium Industry Outlook 2020

The Netherlands has been exporting aluminium structures to multiple countries like USA, UK, UAE, South Africa, India, Spain, Mexico, Malaysia, Germany, Egypt, Denmark, Australia, Canada, etc.

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EDITED BY : 2MINS READ

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