‘The Rotterdam effect – Impact of Mainport Rotterdam on the Dutch economy’ is a study conducted by Erasmus University Rotterdam (EUR), commissioned by the Port Authority of Rotterdam which indicates that €45.6 billion or 6.2% of the added value of the Netherlands is due to the Port of Rotterdam.
The new findings imply that the Port of Rotterdam contributes twice as much to the gross domestic product than previously calculated.
Traditionally, when determining the economic significance of the port, only direct employment and added value were measured, including the so-called backwards indirect effects. These backwards effects are the added value that is a result of port companies purchasing elsewhere in the Dutch economy.
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Nevertheless, the study by the EUR also reveals the forwards indirect effects of the Port of Rotterdam. Forwards indirect effects are economic activities that are made possible in the Netherlands due to the presence of the Port of Rotterdam, such as re-export via logistics and distribution.
Furthermore, the report identifies that the future earning capacity of the port is healthy, certainly in the context of digitisation and energy transition, with strong growth possibilities for the maritime manufacturing industry and maritime business services in Rotterdam.
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.
Allard Castelein, Port of Rotterdam Authority CEO stated in the announcement of the report.
