Growth exports slows down

Statistics Netherlands reports that the total volume of goods exports grew by 3.0 percent in February 2016 compared to February 2015. Growth was less substantial than in January. The total volume of imports was 5.9 percent up in February from one year previously.

The CBS Exports Radar indicates that circumstances for export are less favourable in April than February.

Export of goods (volume, adjusted for working days)
Export of goods (volume, adjusted for working days)
 % change
2012 M2.4
2012 A3.4
2012 M6.4
2012 J3.8
2012 J2.4
2012 A3.2
2012 S3.8
2012 O7.5
2012 N5.4
2012 D3.1
2013 J4.4
2013 F2.7
2013 M3.3
2013 A0.2
2013 M3
2013 J3.5
2013 J2.3
2013 A2.8
2013 S-0.2
2013 O-0.6
2013 N1.8
2013 D0.2
2014 J0.8
2014 F3.5
2014 M1.8
2014 A3.8
2014 M-1
2014 J4.1
2014 J3.6
2014 A0.8
2014 S6.3
2014 O3.3
2014 N3
2014 D5.8
2015 J6.8
2015 F4.3
2015 M3.1
2015 A4
2015 M4.4
2015 J3.1
2015 J2.7
2015 A4
2015 S0.8
2015 O3.5
2015 N2.1
2015 D1.6
16 J5
16 F3

More petroleum derivatives, metal products and transport vehicles exported

In February 2016, Dutch manufacturers exported more petroleum derivatives and (basic) metal products. They also exported more transport vehicles (like cars and lorries), but the volume of natural gas exports declined.

Last week, CBS reported data on manufacturing output in February, showing that the production of transport vehicles was also higher than one year previously.

Circumstances for Dutch exports less favourable

The CBS Exports Radar shows that, on balance, circumstances for Dutch exports are slightly less favourable in April than in March and February. Conditions are largely determined by developments on the markets most important for Dutch exports and by the current competitive position of the Netherlands. April’s Export Radar shows that the year-on-year development of Germany’s manufacturing output is more favourable than in February. On the other hand, year-on-year exchange rate developments and the various confidence indicators provide a less favourable picture.

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