Dutch exports greatly increased

11/08/2010 15:00

In June, the volume of goods exports was up by 14 percent on twelve months previously. This compares with the rise of more than 16 percent in May. However, in the first six months of 2009 the volume of exports was down 11 to 16 percent on 2008. So in June 2010 the export volume was slightly higher than the export level two years ago. The same was true in May.

The volume of goods imports grew by 20 percent in June. The growth of the volume of imports was much more substantial than in the preceding months. The same was true in May. The volume of imports was also slightly above the level of 2008. Imports have been growing faster than exports in the last three months. The volume figures have been corrected for the number of working days.

According to the Exports Radar for August 2010, circumstances for Dutch exports are just about as favourable in August as they were in July. In the preceding months, circumstances have improved continually.

The value of exported goods totalled 32.3 billion euro, i.e. up by more than a quarter on one year previously. The value of imports grew by 32 percent to 29.6 billion euro. The trade surplus amounted 2.7 billion euro, a decrease by 0.5 billion euro relative to June 2009.

In all categories of goods, the value of imports and exports was distinctly up on one year previously.  Imports from non-EU countries grew faster than imports from EU countries.

Export prices were 8.1 percent higher than twelve months previously. Import prices were 7.6 percent higher. As a result, terms of trade were slightly up on June 2009.

Goods exports (volume)

Goods exports (volume)

More figures can be found on the theme page International trade.