Growth rate exports remains high

12/10/2010 15:00

In August 2010, the volume of goods exports was nearly 15 percent up on twelve months previously, as against more than 12  percent in July compared to July 2009. Just as in July, the volume of exported goods in August was considerably above the level of 2008.

The volume of goods imports grew by nearly 14 percent in August. Unlike in the preceding four months, imports rose less rapidly than exports. In August, the volume of imports was almost equal to the level of 2008. Volume figures have been corrected for the number of working days.

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

The value of exported goods totalled 29.7 billion euro, more than 26 percent up on one year previously. The value of imports grew by nearly 25 percent to 26.7 billion euro. The trade surplus amounted 3.0 billion euro, an increase by 0.9 billion euro relative to August 2009.

The value of imports and exports of raw materials, mineral fuels, machinery and transport equipment was distinctly higher than one year previously.

Imports from non-EU countries grew faster than imports from EU countries. The same pattern emerges for exports.

Export prices were 7.2 percent higher than twelve months previously. Import prices were 6.8 percent higher. As a result, terms of trade were slightly up on August 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.