Modest growth exports

In November 2013, the volume of exports of goods was 2.4 percent up from twelve months previously, whereas the volume had decreased somewhat in September and October. The volume of imports grew by 0.8 percent, after a marginal decline in October. Volume figures have been adjusted for the number of working days.

The value of exported goods totalled 36.8 billion euros, i.e. 2.7 percent down from one year previously. The value of imported goods fell by 4.0 percent to 32.6 billion euros, resulting in a trade surplus of 4.2 billion euros, 0.3 billion euros more than in November 2012. Value figures have not been adjusted for calendar effects. November 2013 had one working day less than November 2012.

Import and export prices in November were below the level of one year previously. Export prices fell by 2.4 and import prices by 2.1 percent. As a result, terms of trade deteriorated slightly compared to November 2012.

According to January’s Exports Radar, circumstances for Dutch exports were more favourable than in the preceding month.

Exports of goods (volume adjusted for working days)