Netherlands benefits from globalization

14 Feb 2011

Countries like Brazil, India, China and Russia have become increasingly important for the prosperity of the Netherlands. According to a recent report, the Internationalization Monitor 2010, from the Dutch Central Bureau of Statistics (CBS).

The ups and downs of the Netherlands is highly dependent on exports and hence the so-called emerging economies. In 1996, the EU still accounts for 79 percent of our exports.

 

In 2009 this had fallen to 75 percent. Exports to countries outside the European Union thus increased to 25 percent. The share of European countries in the fourteen years that imports fell from 64 to 55 percent.

 

Read the entire article on the Dutch Daily News website