A new study, conducted by Erasmus University Rotterdam (EUR), has revealed that 6.2% of the Netherlands’ added value is because of the Port of Rotterdam.
According to ‘The Rotterdam effect – Impact of Mainport Rotterdam on the Dutch economy’, the economic significance of the port is twice as high as previously calculated.
Only direct employment and added value were measured when determining the economic significance of the port, as well backwards indirect effects.
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Backwards effects are the added value created when port companies purchase elsewhere in the Dutch economy.
In addition to this, the EUR study also analyzed the forwards indirect effects of the Port of Rotterdam, economic activities that are made possible in the Netherlands due to the presence of the Port of Rotterdam.
The report also found that the future earning capacity of the port is healthy, with strong growth possibilities for the maritime manufacturing industry and maritime business services in Rotterdam.
Credit: Port of Rotterdam
Allard Castelein, Port of Rotterdam Authority CEO, commented on the study: “This scientific research is evidence of the tremendous significance of the Port of Rotterdam for the growth of the Dutch economy.
“The report also demonstrates the robust growth opportunities of the port’s future earning capacity. Both of these core research findings underline the relevance of Mainport Rotterdam.
“This relevance is set to increase further once the Port of Rotterdam is also capable of contributing to current societal challenges: the further sustainability and digitisation of the Dutch economy.”