Sustained exports growth

13/09/2010 15:00

In July, the volume of goods exports was up by nearly 13 percent on twelve months previously. This is the same increase as in June. For the first time the volume of exported goods was considerably above the level of 2008.

The volume of goods imports grew by nearly 15 percent in July. Just as in the preceding three months, imports rose by more than exports. The volume of imports was also considerably above the level of 2008. The volume figures have been corrected for the number of working days.

According to the Exports Radar for September 2010, circumstances for Dutch exports are more favourable than one month previously.

The value of exported goods totalled 30.6 billion euro, nearly 18 percent up on one year previously. The value of imports grew by more than 20 percent, to 27.5 billion euro. The trade surplus amounted 3.1 billion euro, the same amount as in July 2009.

The value of imports and exports was higher than one year previously for all categories of goods, but especially for raw materials and mineral fuels.

Imports from non-EU countries grew much faster than imports from EU countries. Exports to EU and non-EU countries grew at about the same rate.

Export prices were 7.3 percent higher than twelve months previously. Import prices were 7.7 percent higher. As a result, the terms of trade were slightly down on July 2009.

Goods exports (volume adjusted for working days)

Goods exports (volume adjusted for working days)

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