Exports up slightly in June

The volume of exports of goods was up by 1.7 percent in June 2013 on June 2012. Exports growth was marginally larger than in May (1.4 percent). In April, exports were down 1.8 percent from one year previously. The volume of imports increased by 0.9 percent in June, after contracting in April and May. Volume figures are adjusted for the number of working days.

The value of exported goods totalled 35.3 billion euros, i.e. 1.0 percent down from twelve months previously. The value of imported goods decreased by 1.6 percent to 31.8 billion euros, resulting in a trade surplus of 3.5 billion euros, an increase of 0.1 billion euros compared to June 2012. The value figures are not adjusted for calendar effects. June had one working day less in 2013 than in 2012.

The value of imports and exports of machinery and transport equipment and manufactured products fell considerably compared to twelve months previously. The value of exports to non-EU countries fell substantially, whereas the value of exports to EU countries grew.

Both import and export prices were fairly stable relative to one year previously. Export prices remained unchanged, whereas import prices rose by 0.2 percent. As a result, terms of trade deteriorated somewhat compared to June 2012.

By means of six indicators, the Exports Radar shows whether circumstances for Dutch exports have improved or declined and which factors played a crucial part in these developments. In August, circumstances for Dutch exports were slightly less unfavourable than in July.

Exports of goods (volume adjusted for working days)

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

For more information on economic indicators, see the Economic Monitor.