Exports up 7 percent

31/03/2011 09:30

The volume of exports of goods was more than 7 percent higher in January 2011 than twelve months previously. The volume of goods imports was 7 percent higher. Although the increase in international trade is smaller than in previous months, the months with which it is now being compared showed higher volumes of imports and exports: in January 2010, trade started to pick up again substantially for the first time since the financial crisis. Volume figures have been adjusted for the number of working days.

According to March’s Exports Radar, Dutch exports conditions hardly changed compared with one month previously.

The value of exported goods totalled 32.4 billion euro, above 20 percent more than one year previously. The value of imports grew by 20 percent to 29.6 billion euro. The trade surplus amounted 2.8 billion euro, an increase of 0.6 billion euro compared with January 2010.

Exports to non-EU countries grew faster than exports to EU countries. Imports show a similar pattern.

Export prices were 9.6 percent higher than twelve months previously, import prices were 9.5 percent higher. As a result, the t erms of trade hardly changed compared with January 2010.

The figures published in this update have been adjusted from those published on 14 March 2011. The revision is based on new and more detailed information.

Goods exports (volume adjusted for working days)

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