Sustained growth exports

14/07/2017 15:00
Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 3.3 percent in May 2017 relative to May 2016. Growth was above the level of April, when exports were 2.5 percent up from one year previously. The volume of imports also showed substantial growth: from 0.5 percent in April to 6 percent in May. In May 2017, exports of chemical and metal products and machinery increased significantly.

The CBS Exports Radar indicates that circumstances for exports have improved in July compared to May.

y
3,5
2,3
2,8
-0,2
-0,6
1,8
0,2
0,9
3,7
2
3,9
-0,9
4,1
3,6
0,7
6,3
3,3
3
6
7,7
5,2
4
5,9
6,2
5,2
5,9
7,2
4
6,2
4,9
4,5
4,7
4
5,9
6
7,1
4,6
3,5
4,1
5,6
4,5
5,4
6,2
2,2
5,4
7,5
2,5
3,3

Circumstances for Dutch exports more favourable in June

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

In July’s Exports Radar, manufacturing output in Germany and European manufacturers’ opinions about the foreign order they received improved significantly. Compared to May, producer confidence in Germany and Europe grew notably.

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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