Appendix A COUNTRY DATA THE NETHERLANDS 1. Profile A. Population: 15.2 million B. Religions: Roman Catholic and Protestant C. Government: Constitutional Monarchy with Parliament Head of State: Queen Beatrix Head of Government: Prime Minister Wim Kok D. Language: Dutch; English frequently used with business E. Last election: May 1994 2. Domestic Economy 1992 1993 1994 A. GDP (current $b) 302.8 308.5 318.7 B. Real GDP Growth Rate (%) +1.4 +0.3 +1.5 C. GDP Per Capita ($) 20,053.0 20,229.0 20,831.0 D. Govt. Spending (% of GDP) 58.2 58.6 58.1 E. Inflation (% change in CPI) 3.2 2.6 2.8 F. Unemployment (%) 6.7 8.3 9.0 G. Foreign Exch. Reserves ($b) 35.1 40.2 41.0 (including gold) H. H. Av. Ann. Exch. Rate 1.76 1.86 1.95 ($1 = Guilder) I. Mfg. Hourly Wage Rate 4.2 3.3 1.7 (% change) J. Ind. Production (% change) 1.4 0.1 1.8 3. Trade A. Total Exports (f.o.b./$b) 128.0 125.1 131.3 B. Total Imports (c.i.f./$b) 121.6 116.9 122.3 C. U.S. Exports (f.a.s./$b) 13.7 12.8 14.0 D. U.S. Imports (customs/$b) 5.3 5.5 6.0 E. Main U.S. exports to Netherlands: Machinery and transport equipment; agricultural goods; chemicals; computers; electronic equipment. F. Main U.S. imports from Netherlands: Food and live animals; beer; chemicals; office machines; petroleum products. G. Foreign supplier share of Dutch imports (percent) 1992 1993 1994 1. Germany 25.2 23.5 25.0 2. Belgium/Luxembourg 14.2 11.7 12.0 3. United Kingdom 8.6 9.6 10.0 4. United States 7.8 8.0 10.0 5. France 7.9 7.5 8.0 6. Japan 3.6 3.8 4.0 H. Balance of Payments ($b) +7.0 +9.4 +9.9 I. Trade balances with leading trading partners ($m) 1. Germany +6,034 +10,745 N/A 2. Belgium/Luxembourg +829 2,828 N/A 3. United States -4,483 -4,585 N/A 4. United Kingdom +1,180 +978 N/A 5. France +3,922 +5,303 N/A 6. Japan -3,411 -3,531 N/A J. Import Policy: 1. Tariffs and Taxes: Most tariffs on products from the U.S. are in the 5 to 8 percent range. Industrial products from the European Union (EU) and the European Free Trade Association (EFTA) countries enter the Netherlands duty-free. A 17.5 percent value added tax (VAT) is applied to most imported and domestic goods. 2. Licensing: Except for agricultural products and minerals, few items are subject to import licensing. K. Best U.S. Export Prospects: data processing and other business equipment, telecommunications, medical and scientific instrumentation, pollution control equipment. 4. Foreign Direct Investment A. Foreign Ownership Restrictions: None. U.S. investments welcome. B. U.S. Direct Investment in the Netherlands: (end-1992) $19 billion C. U.S. Share of Foreign Investment: 37% D. Principal Foreign Investors: United States, Germany, the United Kingdom E. Dutch Direct Investment in the United States: (end-1992) $61 billion F. Major U.S. Investors in the Netherlands: Dow Chemical; Du Pont de Nemours; Eastman Chemicals; General Electric Plastics; Cargil; Philip Morris; Packard Bell; Mobil Chemical Company. 5. Commercial Information A. Senior Commercial Officer: Rafael Fermoselle SCO's Previous Post: Bueno Aires, Mexico, Dominican Republic Sources: a. Central Planning Bureau (CPU) b. 1994 Budget Memorandum c. U.S. Embassy, The Hague d. USDOC Statistics