Exports down by over 1 percent in December
Erratum:
On 20 February, this news release was revised on the following points.‘The year-on-year change in exports was 0.0 percent.’ However, this should be -1.1 percent.
The title has been changed from ‘Exports at the same level in December’ to ‘Exports down by over 1 percent in December’.
The first three lines of the first paragraph have been changed as follows:
Old text: In December 2024, the total volume of goods exported (adjusted for the number of working days) was at the same level as in December 2023, as reported by Statistics Netherlands (CBS). Export volumes were higher for food, beverages and tobacco, chemical products and machinery, in particular, but exports of petroleum products, crude oil and natural gas were lower.
New text: In December 2024, the total volume of goods exported (adjusted for the number of working days) was down by 1.1 percent year on year, as reported by Statistics Netherlands (CBS). Export volumes were lower for petroleum products, crude oil and natural gas, but exports of food, beverages and tobacco, chemical products and machinery were higher.
Furthermore, the figure for December 2024 in the graph has been adjusted from 0.0 to -1.1 percent.
The corresponding StatLine table will be updated on 20 February at midnight.
The CBS Exports Radar for February indicates that conditions for exports have become less unfavourable than they were in December’s radar.
| Year | Month | %-change (year-on-year %-change) |
|---|---|---|
| 2021 | January | 2.6 |
| 2021 | February | 2.5 |
| 2021 | March | 11 |
| 2021 | April | 23.8 |
| 2021 | May | 20.5 |
| 2021 | June | 12.9 |
| 2021 | July | 9.2 |
| 2021 | August | 8.2 |
| 2021 | September | 5.2 |
| 2021 | October | 0 |
| 2021 | November | 7.1 |
| 2021 | December | 6.9 |
| 2022 | January | -0.5 |
| 2022 | February | -0.7 |
| 2022 | March | -1.9 |
| 2022 | April | -0.7 |
| 2022 | May | 1.7 |
| 2022 | June | 4.7 |
| 2022 | July | 0 |
| 2022 | August | -1 |
| 2022 | September | 2.7 |
| 2022 | October | 8.6 |
| 2022 | November | 4.6 |
| 2022 | December | 4.5 |
| 2023 | January | 4.7 |
| 2023 | February | 4.5 |
| 2023 | March | 4.6 |
| 2023 | April | 0.9 |
| 2023 | May | 0.3 |
| 2023 | June | -0.5 |
| 2023 | July | -3.2 |
| 2023 | August | -1 |
| 2023 | September | -3.9 |
| 2023 | October | -6.4 |
| 2023 | November | -5.7 |
| 2023 | December | -1.6 |
| 2024 | January | -5.9 |
| 2024 | February | -6.2 |
| 2024 | March | -5 |
| 2024 | April | -0.1 |
| 2024 | May | -3.7 |
| 2024 | June | -0.4 |
| 2024 | July | 2.5 |
| 2024 | August | -0.2 |
| 2024 | September | 3 |
| 2024 | October | 2.5 |
| 2024 | November | 4.2 |
| 2024 | December | -1.1 |
Conditions for exports less unfavourable in February
Every month, CBS also publishes an update on the conditions for exports in its Exports Radar. These are largely determined by developments in key sales markets for domestic exports and by the competitive position of the Netherlands. Although the Radar indicators are closely correlated with export activity, improved conditions do not necessarily mean higher export growth.
According to the CBS Exports Radar for February, conditions for exports are less unfavourable than they were in December. This is mainly due to the fact that opinions among Dutch manufacturers regarding foreign orders became less negative and the year-on-year change in real exchange rates was less unfavourable.
Sources
Related items
- Visualisation - Exports radar
- Dossier - Business cycle