Exports show further growth

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Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 5.2 percent in October 2016 relative to October 2015. Growth was above the level of September. In October, exports of passenger cars, natural gas, chemical products and electrical equipment rose noticeably. Re-exports of products rose stronger than the exports of Dutch products. The volume of imports in October was 4.5 percent up from October last year.

The CBS Exports Radar indicates that circumstances for exports are less favourable in December than in October and November.

Circumstances for Dutch exports less favourable in December

According to the CBS Exports Radar, circumstances for Dutch exports are less favourable in December than in October. Conditions are largely determined by recent developments on the major export markets for Dutch products and by the competitive position of the Netherlands.

In the Exports Radar of December, the development of the exchange rates and Germany’s manufacturing output were less favourable than in October. On the other hand, producers in the euro area were less pessimistic about their foreign order books.

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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