PHILIPPINE ECONOMIC RELATIONS
WITH THE NETHERLANDS
In 2005, Philippine total trade with the European Union (EU) grossed $10.73 billion or 12.1% of the country's total trade. Among the EU member-countries, Netherlands was RP's top trading partner with a total trade of US$4.44 billion or 5.0% of EU's total trade. Receipts from exports to the Netherlands was worth US$4.03 billion while payment for ipmorts was $407.38 million, resulting to a trade surplus of US$3.62 billion.
In the year 2006 (January-November), The Netherlands is the largest export market of the Philippine in Europe (accounting for 10.26% of the total exports) and the third largest in the world after the U.S. (18.23%) and Japan (16.65%).
MAJOR PHILIPPINE EXPORTS TO THE NETHERLANDS 2006
(FOB in US Dollars)
January to October 2006
| TOTAL PHILIPPINE EXPORTS |
39,267,215,308 |
100.00% |
| TOTAL EXPORTS TO THE NETHERLANDS |
4,088,860,366 |
10.41% |
| Industrial Manufacturers (the bulk of which is electronic products, other exports include machineries, metal manufacturers, construction materials, chemicals and other industrial manufacturers) |
3,748,338,981 |
9.55% |
| Resource-based products (the bulk of which |
199,129,354 |
.51% |
| Consumer Manufacturers ( |
79,170,380 |
.20% |
| Special Transactions |
36,801,159 |
.09% |
| Food and Food Productions (include |
25,420,492 |
.06% |
Source: Philippine Departmetn of Trade and Industry
MAJOR IMPORTS FROM THE NETHERLANDS 2004
(FOB in US Dollars)
January to September 2006
| TOTAL PHILIPPINE IMPORTS |
38,179,811,556 |
100.00% |
| TOTAL PHILIPPINE IMOPRTS FROM THE NETHERLANDS |
314,368,621 |
.83% |
Industrial Manufacturers |
228,111,995 |
.60% |
| Food and Preparations |
37,311,059 |
.10% |
| Special Transactions |
26,181,788 |
.07% |
| Consumer Manufacturers |
16,730,245 |
.04% |
| Resource-based Products |
6,033,534 |
.02% |
Source: Department of Trade and Industry
DUTCH INVESTMENTS
The Netherlands, along with the United States, Japan, Britain
DUTCH VISITORS TO THE PHILIPPINES
There were 17,128 Dutch visitors to the Philippines in 2006 from a total of 15,367 visitors in 2005. This registers a growth increase of 11.5% of Dutch arrivals in the country.
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