CH. 8.1

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• Studiejaar 2

CH. 8.1

What do we know about Dutch Exports? 

What is the most exported 'Dutch' product?

Computers

Photo Lab Equipment

Refined Petroleum

Broadcasting Equipment

Packaged Medicaments

What is the most exported 'Dutch' product in 2021? 

The top exports of Netherlands are:

1. Refined Petroleum ($45B),
   
2.  Broadcasting Equipment ($19B),
   
3. Packaged Medicaments ($18.4B),
   
4. Photo Lab Equipment ($16.5B), and
   
5. Computers ($15.9B)

To which country do the Dutch export the most?

To which country to we export the most? 

1.  Germany ($129B), 
2. Belgium ($80.2B), 
3. France ($57.1B), 
4. United Kingdom ($43.1B), and 
5. Italy ($31.2B).

In 2021, Netherlands was the world's biggest exporter of?

1. Cut flowers
2. Malt extract
3. Other live plants , cuttings and slips; mushroom spawn .
4. Recreational Boats

In 2021, Netherlands was the world's biggest exporter of?  

1. Other live plants, cuttings and slips; mushroom spawn ($5.58B), 
2. Cut Flowers ($5.17B), 
3. Recreational Boats ($4.38B), 
4. Coal Tar Oil ($3.52B), and 
5. Malt Extract ($3.02B)
   

What should an intial research include when looking at a foreign market

Initial research of the foreign market. Main concerns are:

• Background information (economic, political and currency risk).
  
• Market size and likely product demand.
  
• Competitor’s products on the market?
  
• Tariffs or import restrictions (duties, quotas, taxes).
  
• Distribution channels and methods (agents, distributors, wholesalers, retailers).
  
• Technical Safety, environment and other standards required by law)
  
• Packing and packaging issues ( climate and time in transit, handling methods, need for packaging to suit local markets).
  
• Sales literature and support material (translations needed?).
  
• Servicing arrangements (if needed).
  
• Customer satisfaction policy ( money back/ replacement schemes)