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Exports and Imports: Netherlands

Answer

Figures published by the Office for National Statistics in the Pink Book 2011 show that UK imports from the Netherlands totalled £30,347 million in 2010, and UK exports to the Netherlands totalled £31,319 million in 2010. Figures published by the Office for National Statistics in the Business Monitor MA4—Foreign Direct Investment Involving UK Companies 2010 show that the value of FDI in the UK from the Netherlands was an estimated £114,702 million at the end of 2010, and the value of investment in the Netherlands by UK companies was an estimated £147,445 million at the end of 2010. Figures published by the Office for National Statistics in the Foreign-ownership of Businesses in the UK show that the estimated employment in the UK in March 2010 in Netherlands-owned enterprises was at least 195,000, based on the country of ultimate ownership.

UK imports from Netherlands (2010)	£30.3 billion	6% of all UK imports
UK exports to Netherlands (2010)	£31.3 billion	7% of all UK exports
UK FDI in Netherlands (end-2010)	£147.4 billion	14% of UK FDI abroad
Netherlands FDI in UK (end-2010)	£114.7 billion	16% of FDI in the UK
Employment in UK in Netherlands-owned enterprises (ultimate ownership) (March 2010)*	194,515	1% of all UK employment

"* Due to the ownership of some UK enterprises being ““unknown”” (in terms of whether UK or foreign-owned), the figure should he taken as a minimum rather than an absolute. An enterprise or group of enterprises may be owned at the enterprise or group level or by a separate holding company or legal entity. This entity may in turn be owned by a series of further companies or legal entities, the highest level of which is the ultimate owner."

Secondary information

Type

Written question

Reference

15409; 735 c124-5WA

Session

2010-12

Subjects

Exports Imports Foreign companies Staff Overseas investment Foreign investment in UK Netherlands

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk