Trade increasingly important to Holland

Trade with the rest of the world is increasingly important for the Dutch economy and now accounts for 70% of gross domestic product, the national statistics office CBS said on Monday.

The German economy, for example, is dependent on trade for 43% of GDP, and the British and French economies 28%.
The reduction in world trade is the main reason why the Dutch economy has been hit by the recession.
Only Malaysia, Belgium, Vietnam, Hungary and the Czech Republic are more dependent on trade, the CBS said.

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