Netherlands’ business conditions are amongst the most enviable in the European Union. Stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a transportation hub are all reasons why the Netherlands continues to be one of the leading European nations to attract foreign direct investment. Shipping, trade, financial services, manufacturing, fishing and tourism are all important sectors of the Dutch economy. Ranking as one of the Europe’s leading exporters, foodstuffs form the largest industrial sector. Other important industries include petroleum refining, chemicals, electrical goods, metallurgy and machinery. A highly mechanized agricultural sector employs only 2% of the labour force but provides a large surplus for the food processing industry and for exports.