Most substantial growth exports in 6 years

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© Hollandse Hoogte / Ries van Wendel de Joode
Statistics Netherlands (CBS) reports that the volume of goods exported in February 2017 was almost 8 percent up from February 2016, the largest increase since March 2011. In February 2017, exports of machinery and appliances, chemical products and transport equipment in particular showed significant growth. Exports of Dutch products and re-exports were higher than one year previously. The volume of imports was 4 percent up from February last year.

The CBS Exports Radar indicates that circumstances for exports are just as favourable as in March, but have improved considerably relative to February.

Circumstances for Dutch exports much more favourable in April

According to the CBS Exports Radar, circumstances for Dutch exports are much more favourable in April than in February. These circumstances are strongly affected by recent developments on the major export markets for Dutch products and by the competitive position of the Netherlands.

In April’s Exports Radar, exchange rate developments and Germany’s manufacturing output are more favourable than in February. Compared to February, Dutch manufacturers are more positive about the amount of foreign orders they received and German producer confidence has also improved according to April’s Radar.

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.

Sources

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