Exports growth more substantial

29/06/2012 09:30

The volume of exports of goods increased by 6 percent in April relative to twelve months previously. The growth rates of Dutch exports in February and March were 2 and more than 3 percent respectively. The volume of imports grew by nearly 7 percent in April, which is also higher than in the preceding months. The more substantial growth of imports and exports was mainly due to an increased trade in mineral fuels. Volume figures have been adjusted for the number of working days.

June’s Exports Radar mainly shows downturns. Over the past three months, circumstances for Dutch exports deteriorated.

The value of exported goods totalled 34.8 billion euro, i.e. more than 5 percent up from one year previously. The value of imports grew by 7 percent to 30.9 billion euro, resulting in a trade surplus of 3.9 billion euro, which is 0.3 billion euro below the April 2011 level. The figures have not been adjusted for the effects of the number of working days. April 2012 had one working day less than April 2011.

The value of imports and exports of raw materials and mineral fuels grew substantially in April compared to twelve months previously. Mineral fuel prices were higher and the trade in mineral fuels was more dynamic.

Just as in the preceding months, exports to non-EU countries grew much faster than exports to EU countries.

Export and import prices were 2.2 and 2.1 percent higher respectively than in April 2011. As a result, terms of trade improved slightly relative to April 2011.

The figures published in this update have been adjusted from those published on 14 June 2012. 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.