Export growth almost 7 percent in April

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Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 6.6 percent in April relative to April 2017. Relative growth was higher than in the preceding months. In April 2018, exports of transport equipment, machinery and appliances increased most notably. The volume of imports was 5.7 percent up on April 2017.

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

Circumstances for Dutch exports in June more favourable than in April

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 June are more favourable than in April. The development of the real effective exchange rate was more favourable than in April’s radar.

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.

Sources

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