Export growth almost 7 percent in December

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Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 6.6 percent in December 2017 relative to December 2016. Relative growth was smaller than in November 2017. In December, exports of machinery, appliances and cars increased again most notably. The volume of imports was 8.3 percent up on December 2016. Import growth was higher than in the preceding month.

The CBS Exports Radar indicates circumstances for exports in February are more favourable than in December.

Circumstances for Dutch exports in February more favourable than in December

Every month, CBS also publishes updates on the circumstances for exports in the Exports Radar. Conditions are strongly affected by recent developments on the main export markets for Dutch products and by the competitive position of the Netherlands. Although the Radar indicators show a strong correlation with export activity, improved circumstances are not necessarily translated into increased export growth.

According to the CBS Exports Radar, circumstances for Dutch exports in February are more favourable than in December. The growth of German manufacturing output improved in particular, while the real effective exchange rate was less favourable.

Goods exports account for approximately three-quarters of total exports. As for data on exports of services, these are not published monthly. Data on total exports are published quarterly and annually. The figures reported in this publication are provisional and may be adjusted.

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