Transshipments are growing but add little to Dutch economy
Tuesday 27 November 2012
The onward shipment of goods imported into the Netherlands delivers relatively little added value to the economy, despite accounting for an increasingly large share of exports, according to the national statistics office CBS, quoted by website nu.nl
The transshipment of goods and services adds just eight cents per euro to gross domestic product compared with 54 cents in added value from the export of Dutch products.
In 1995, 33% of Dutch exports were due to transshipments but this had risen to almost 48% by last year.
Dutch sea ports and Amsterdam's Schiphol airport are popular locations for the onward shipment of goods to other European countries.
Economists say one of the main motors behind the Netherlands' relatively unscathed economy is exports. Exports now account for almost 21% of GDP.