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Netherlands economy improving: more opportunities to trade?
There could be more opportunities to trade with the Netherlands, with the news that the economy there could be emerging from recession.
The Dutch economy has been in recession since early 2012, when the economy actually contracted by almost 1%. However, speaking at a recent conference in Amsterdam, the DNB Dutch central bank president, Klaas Knot, said he believed that the economy should grow slightly by the end of this year. He said: “Despite the fact that I don’t have the figures, I have the feeling that we are out of the recession. The world economy is recovering and that has always been an important indication for economic growth in the Netherlands.”
Despite its relatively small size and population, the Netherlands is a substantial trading nation both within the EU and worldwide, being the fifth-largest exporter in the world overall. The port of Rotterdam is one of the world’s largest ports and a major import/export and re-export hub, handling around 32,000 ships every year.