Robust growth exports

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Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 6.7 percent in April 2016 compared to April 2015. The increase was significantly higher than in March. Exports of transport vehicles again rose noticeably. The total volume of imports in April was 5.2 percent up from April last year.

The CBS Exports Radar indicates that circumstances for export are more favourable in June than in April and May.

More transport vehicles exported

In April 2016, Dutch manufacturers exported more transport vehicles (like cars and trucks) and an oil rig in the North Sea. They also exported more (basic) metal products.

Exports of Dutch products and re-exports (exports of previously imported goods) were higher than twelve months ago.

Today, CBS also reports data on manufacturing output in April, showing that the production of transport vehicles was again higher than one year previously.

Circumstances for Dutch exports more favourable

According to the CBS Exports Radar, circumstances for Dutch exports are more favourable in June than in April and May. Conditions are largely determined by developments on the markets which are most important for Dutch exports and by the current competitive position of the Netherlands. June’s Export Radar shows that German producer confidence is less negative than in April and May.

Goods exports account for approximately three-quarters of total exports. CBS does not publish monthly data on exports of services. Data on total exports are published on a quarterly and annual basis. The data in this publication are provisional and can be subject to adjustments.

Sources

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