Exports show further growth in November

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Statistics Netherlands (CBS) reports that the total volume of exported goods grew by 5.5 percent in November 2016 relative to November 2015. Growth was somewhat above the level of October. In November, exports of natural gas, petroleum derivatives and transport vehicles rose noticeably. Exports of Dutch products and re-exports were higher than one year previously. The volume of imports was 4.0 percent up in November from November last year.

The CBS Exports Radar indicates that circumstances for exports are more favourable in January than in November and December.

Circumstances for Dutch exports more favourable in January

According to the CBS Exports Radar, circumstances for Dutch exports are more favourable in January than in November. Conditions are largely determined by recent developments on the major export markets for Dutch products and by the competitive position of the Netherlands.

In January’s Exports Radar, exchange rate developments, opinions of Dutch manufacturers about their foreign orders and the growth of Germany’s manufacturing output were distinctly more favourable than in November.

Goods exports account for approximately three-quarters of total exports. CBS does not publish monthly data on exports of services. Data on total exports are published on a quarterly and annual basis. The data in this publication are provisional and can be subject to adjustments.