Netherlands Industry Sectors, Netherlands Industries

By: EconomyWatch Content   Date: 29 March 2010

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 The Netherlands industry sector is dominated by the transportation and agro-industries. Post World War II, the metallurgy industry has also picked up in the nation. Philips Electrical Company has become one of the biggest electronic companies in Europe. Unilever, another example, employs among the largest number of employees the world over. Shell, along with Royal Dutch, operates one of the largest oil refineries. The only industry to have taken a beating is the textile industry, which has been outsmarted by foreign competition and lack of modern management.

The various industries that operate in the Netherlands are:

 

  • Agro-industries

  • Metal and engineering products

  • Electrical machinery and equipment

  • Chemicals

  • Petroleum

  • Construction

  • Microelectronics

  • Fishing

  •  

Netherlands Industry Sectors: An Insight To The Performance

This is how the various industries performed in the Netherlands:

 

  • Marine Industry: The Netherlands industry sector received a contribution of $6.3 billions in 2009 and registered a growth rate of 2.9% from 2005 to 2009.

  • Netherlands Rail Industries: The Dutch rail sector generated revenues of $171 million in 2008 and saw a growth rate of 3.3% during 2004-2008.

  • Netherlands Road Industries: In 2008, Holland’s road freight sector generated total revenues of $33.1 billion and reported a growth rate of 1.5% during 2004-2008.

  • Netherlands Air Industries:  The freight sector added total revenues of $2.7 billion in 2008, with a growth rate of 2.1% from 2004 to 2008.

     

The Netherlands industry sector, as a unit, experienced a growth rate of -2% due to the recession. Lesser credit and demand meant low exports and, thus, productivity decreased as well. This led to a slight increase in the unemployment rate as well. The rate increased from 4% to 5% in 2009.

In terms of contribution to the country’s economy, the Netherlands industry sector contributed around 24.4% to the GDP and employed 18% of the 8.33 billion strong workforce. To gather the same growth rate that the industry sector enjoyed for long, the state is looking at more privatization and FDI. In 2009, the total FDI amounted to $661 billions, up from $644.6 billion of 2008.

 


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