Overview In July 2022, United States exported $6.14B and imported $2.51B from Netherlands, resulting in a positive trade balance of $3.63B. Between July 2021 and July 2022 the exports of United States have increased by $1.72B (39%) from $4.42B to $6.14B, while imports decreased by $-869M (-25.7%) from $3.38B to $2.51B.
Trade In July 2022, the top exports of United States to Netherlands were Crude Petroleum ($1.3B), Petroleum Gas ($479M), Medical Instruments ($465M), Vaccines, blood, antisera, toxins and cultures ($385M), and Packaged Medicaments ($282M). In July 2022 the top imports of United States from Netherlands were Refined Petroleum ($466M), Commodities not elsewhere specified ($342M), Vaccines, blood, antisera, toxins and cultures ($128M), Paintings ($82.6M), and Radioactive Chemicals ($76.9M).
Origins In July 2022 the exports of United States were mainly from Texas ($1.92B), Louisiana ($538M), California ($433M), Puerto Rico ($345M), and Pennsylvania ($296M), while imports destinations were mainly Illinois ($274M), New Jersey ($186M), North Carolina ($177M), Texas ($160M), and New York ($152M).
Growth In July 2022, the increase in United States's year-by-year exports to Netherlands was explained primarily by an increase in product exports in Vaccines, blood, antisera, toxins and cultures ($103M or 43.8%), Laboratory Reagents ($47M or 108%), and Soybeans ($27.6M or 16.2%). In July 2022, the decrease in United States's year-by-year imports from Netherlands was explained primarily by an decrease in product imports in Commodities not elsewhere specified ($-256M or -36.1%), Vaccines, blood, antisera, toxins and cultures ($-134M or -60.3%), and Special Pharmaceuticals ($-117M or -99.1%).