Exports marginally up in June

The volume of exports of goods was 0.9 percent up in June 2013 from June 2012. Exports growth was marginally smaller than in May (1.1 percent). In April, exports were still 2.0 percent down from one year previously. The volume of imports increased by 1.2 percent in June, after contracting in the preceding three months. Volume figures are adjusted for the number of working days.

The value of exported goods totalled 35.0 billion euros, i.e. 2.0 percent down from twelve months previously. The value of imported goods decreased by 1.5 percent to 31.9 billion euros, resulting in a trade surplus of 3.1 billion euros, a decrease of 0.2 billion euros compared to June 2012. The value figures have not been adjusted for calendar effects. June 2013 had one working day less than June 2012.

The value of imports and exports of manufactured products, machinery and transport equipment was considerably below the level of twelve months previously. The value of exports to non-EU countries dropped dramatically, whereas the value of exports to EU countries grew.

Import and export prices were marginally down  from one year previously in June. Import and export prices were respectively 0.1 and 0.2 percent down. As a result, terms of trade deteriorated somewhat compared to June 2012.

By means of six indicators, the Exports Radar shows whether circumstances for Dutch exports have improved or declined and which factors played a crucial part in these developments. In August 2013, circumstances for Dutch exports were a bit less unfavourable than in July.

Exports of goods (volume adjusted for working days)