''By then it was too late and we were hit by the goals either side of the half. But, we never expected a silver medal and it is a big step forwards for the team."
New Zealand had reached the final with wins in consecutive penalty shootouts over Argentina and England, but the Dutch have always proved an awkward opponent and came out hard today.
New Zealand's last win over the Netherlands was a 3-1 victory at the Champions Trophy in Germany four years ago.
Constantin Jonker scored three times, Billy Bakker twice with other goals from Bob de Voogd (crrt) and Rogier Hofman (crrt).
The Black Sticks are sure to move up at least one place in the world rankings as a result of their performance in New Delhi, which will be some small consolation.
England beat Australia 2-1 in the third-fourth playoff, Belgium beat India in the game to decide fifth and sixth, while world No 1 Germany ended a disappointment tournament with a 2-1 win over Argentina to finish seventh.