Besides, the size of the external sector and the large FDI positions make the Dutch economy particularly sensitive to international developments, especially from the US. This is also reflected in the stock market - our own research indicates that the Dutch stock market is traditionally highly correlated with the US stock market, in comparison to other European countries.
In terms of FDI, the US is by far the most important partner of the Netherlands. As a percentage of GDP, Dutch investments in the US are larger than those of any other European country.