Moderate growth exports

31/08/2011 09:30

The volume of exports of goods increased by nearly 5 percent in June from twelve months previously.  The growth of the volume of exports has remained fairly stable over the past months. The volume of imports was more than 4 percent higher in June. Volume figures have been adjusted for the number of working days.

According to August’s Exports Radar, circumstances for Dutch exports have worsened for the third consecutive month. 

The value of exported goods totalled 33.1 billion euro, i.e. nearly 3 percent up on one year previously. The value of imports grew by nearly 2 percent to 30.2 billion euro, resulting in a 2.9 billion euro trade surplus, which is 0.4 billion euro above the June 2010 level. Value figures have not been adjusted for the number of working days. June 2011 had two working days less than June 2010.

The value of imports and exports of raw materials and mineral fuels grew substantially. Higher oil prices played an important part in this respect. The value of imports and exports of chemical products and imports of machinery and transport equipment was down on June 2010.

Exports to EU countries increased while exports to non-EU countries decreased. Imports from EU countries increased marginally whereas imports from non-EU countries grew more substantially.

Export and import prices were respectively 3.1 and 2.2 percent up on twelve months previously. As a result, terms of trade improved compared to June 2010.

The figures published in this update have been adjusted relative to those published on 12 August 2011. The revision is based on more recent and detailed information.

Exports of goods (volume adjusted for working days)

Exports of goods (volume adjusted for working days)

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