An estimated 925,000 American jobs were supported by American trade and investment relations with the Netherlands in 2020.
This number consists of two parts: direct jobs at Dutch enterprises active in the United States, and jobs supported by the export of goods and services to the Netherlands. The most recent data available for these number are from 2018. The US Bureau of Economic Analysis calculated that 550,000 direct jobs were the result of Dutch enterprises active in the United in 2018.
Embassy staff calculated the number of jobs supported by the export of goods and services to the Netherlands. According to the US International Trade Administration, every $1 billion of goods exported supports 4,694 jobs while every $1 billion of services exports supports 5,660 jobs.
With total goods exports of $48.56 billion and total services exports of $20.203 billion to the Netherlands in 2018, calculation yields 342,290 supported jobs due to exports to the Netherlands. Adding both numbers yields an estimated 892,290 jobs in 2018.
To gain insight into the development of the number of supported jobs up to the current year, the data is extrapolated based on its historic trend. From 2010-2018, the average growth rate of the number of supported jobs was 3.85 percent. Embassy staff projected the number to 2020 by a conservative 2 percent growth per year, roughly half of the average growth rate of the aforementioned period.