Chip-Tool Tracker: where the Netherlands ships chipmaking machines

The Netherlands is home to ASML, the only company on Earth that makes EUV lithography machines. Official trade data shows where its chipmaking equipment goes, every month — for free. We have found no free, public, running monthly series of this measure: SemiAnalysis’s paid ChipBook publishes monthly equipment trade by geography and may hold something equivalent behind its paywall, and tradedashboard.eu lets registered users build it from the same Eurostat data. So we publish it, with every limit of the data written down.

The last twelve months, by destination

Shares are of Eurostat’s own non-EU total, not of the destinations we chose to list, so they cannot be moved by our choice of rows.

Does this actually track ASML?

A proxy is only worth publishing if it matches something we can check. ASML publishes its regional split two ways, and they disagree: net system sales by ship-to location in its investor presentations, and total net sales — which include servicing machines already installed — in its annual report. This series counts shipments of new equipment, so the system-sales series is the fair comparison; we show both, because the difference between them is informative. Two further reasons a gap is expected: ASML recognises revenue on a different timetable from customs, and this series is a share of the Netherlands’ exports outside the EU, while ASML’s split covers its customers worldwide, including in Europe.

Against ASML’s system sales the largest gap is 1.8 points in 2025, and 4.6 points in 2024; against total sales it is 5.7 points in 2025, and 9.5 points in 2024. Close enough to use as an early read on what ASML will later report — the series arrives with about a two-month lag, ASML’s regional split once a year.

What this data cannot tell you

• It does not separate EUV from DUV. The customs code covers all machines for making semiconductors. Any statement about EUV specifically would be inference, and we will not print one as if it were measured.
• It is not ASML alone. ASML dominates Dutch exports of this code, but other Dutch makers ship under it too — notably ASM International, whose deposition tools fall in the same heading. A move in China’s share can be ASM rather than ASML. And customs records the exporting country, not the factory: re-exports through Dutch ports count as Dutch.
• There is no count of machines. Eurostat records value and weight for this code, not units. We do not publish a “price per tool.”
• Single months are lumpy. One machine can be worth hundreds of millions of euros; shipments to the US moved from €4m to €400m between October and December 2025. That is why the chart uses three-month sums.
• It is not comparable to ASML’s 2026 China guidance. ASML expects China to be about 20% of its total 2026 sales, which includes servicing machines already installed in China. This series counts only new equipment shipped. Setting one against the other would compare two different things — the exact kind of error we have corrected on this site before — so we do not.
• It is not a test of export controls, or an early read on ASML’s earnings. EUV shipments to China were already stopped before this series’ recent months. A falling China share can come from pricier EUV machines going to Taiwan and Korea, which swell the denominator, rather than from fewer tools reaching China — so a falling line is not evidence that controls are working. And ASML’s China revenue includes servicing its installed base, which this series cannot see.

Source: Eurostat, Comext dataset DS-045409, product CN 8486 20 00 (“machines and apparatus for the manufacture of semiconductor devices or of electronic integrated circuits”), reporter Netherlands, flow export, values in euros. Eurostat data last updated 15/09/26 11:00:00. Modified: aggregated into three- and twelve-month sums and expressed as shares by Dragonfly Lens. Eurostat bears no responsibility for this analysis. Reused under Eurostat’s reuse policy, which authorises commercial and non-commercial reuse with acknowledgement. ASML system sales by ship-to region: Q4 FY2024 investor presentation, 29 January 2025, page 11 and Q4 2025 investor presentation, 28 January 2026. ASML total net sales by region: 2025 annual report, Form 20-F. Correction, 21 September 2026: this page first labelled the system-sales figures as coming from the annual report, which reports the different, total-sales series; found by outside review. To reproduce: product code 84862000, partner EXT_EU27_2020 for the non-EU total. Page regenerated 2026-09-21.