CSA Canadian Securities Administrators : Goods imports from China worth over 39 billion euros

Over the past 30 years, goods imports from China have grown at a much faster pace than total goods imports. China's share in Dutch goods imports rose from 0.5 percentin 1988 to 8.9 percentin 2018. The share has ranged between 8 and 9 percent in recent years.

The Netherlands acting as gateway to European markets

In 2018, 26.3 billion of the 39.2 billioneuros in imports from China was destined for re-exports, while nearly 12.9 billioneuros was destined for the domestic market. Approximately two-thirds of the goods imported from China left the Netherlands in a virtually unprocessed condition.
Goods imports from China which were destined for the domestic market included 7.6 billion euros in direct imports as input for the production of goods and services by companies in the Netherlands (intermediate imports). The other 5.2 billion euros concerned imports of finished goods for end-use customers. For example, consumer goods such as toys or capital goods such as machinery.

Relatively large share of imports are high-tech goods

The 7.6 billioneuros in Chinese imports for use in production processes in the Netherlands can be broken down further by technological intensity. High-tech goods such as laptops, tablet computers and telephones account for 28 percent. This is a high share, considering the share of such intermediate goods in total imports from around the world is only 9 percent.
At 34 percent, the highest share in intermediate imports from China was held by medium high-tech goods (worldwide share: 26 percent). The most commonly imported medium high-tech products from China are LED lamps, lithium-ion-batteries (used mainly in consumer electronics and electric cars) and phone chargers.

Most imports from China for further processing destined for manufacturing

The manufacturing sector accounts for the highest share of intermediate imports from China. In 2018, industrial companies imported 4.2 billioneuros worth of intermediate goods from China, equivalent to 55 percentof the total intermediate imports from China.
In relative terms, IT and information services imported the highest share of goods from China at 36 percentof total imports in this sector. These primarily consisted of computers and computer components.
The telecommunications sector as well imported a relatively large volume of goods from China, namely 19 percentof its total imports. The main imports from China in this sector consisted of telephone devices.
Construction was the largest non-industrial user of Chinese goods. In 2018, construction companies imported over 1 billioneuros in goods from China, equivalent to 14 percentof total intermediate imports from China. These mainly included lighting equipment, transformers, computers and LED lamps.

Bulk of intermediate imports destined for re-export

45 percentof intermediate imports from China undergo processing into Dutch-manufactured products and services which are destined for domestic end-use. In other words, more than half of all intermediate imports from China are processed further into goods and services for re-exportation.
In 2018, the value of imports from China which were subsequently processed for exports amounted to 2.8 billioneuros. The bulk of these imports consisted of machinery, appliances and components. In 2018, an amount of almost 2 billioneuros in such imports was needed to service the foreign market. The second and third largest import products from China which are used in the manufacturing of export products are organic chemicals and plastics.