Statistics Netherlands announced today that the volume of exports of goods was 10.2 percent up in January 2015 from January 2014. This was the highest growth since 2011. Exports of oil products, machinery and equipment grew by most in January. Both exports of Dutch products and re-exports were higher than one year previously. The volume of imports was 4.2 percent up in January from twelve months previously. In December, imports rose by 2.9 percent.
More oil products, machinery and equipment exported
Exports of oil products, machinery and equipment grew considerably in January 2015. Exports of food, drinks and tobacco, transport equipment and chemical products also increased slightly.
Circumstances for Dutch exports improved in March 2015
According to Statistics Netherlands’ Exports Radar, circumstances for Dutch exports improved in March 2015 from February. The real effective exchange rates on an annual basis were far more favourable than in the previous month. Dutch manufacturers were slightly less negative about their foreign orders. In addition, German manufacturers generated more output than in the preceding month. By means of six indicators, the Exports Radar shows whether circumstances for Dutch exports have become more or less favourable.
For more information on economic indicators, see the Economic Monitor.