Most substantial export growth in 6.5 years

16/08/2017 15:00
Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 11 percent in June 2017 relative to June 2016, the largest increase since January 2011. In June, exports of (electrotechnical) machinery, appliances and chemical products increased significantly. Exports of Dutch products and re-exports were higher than one year previously. The volume of imports was 6.3 percent up from June last year.

The CBS Exports Radar indicates that, on balance, circumstances for exports in August are just as favourable as in June, but have deteriorated compared to July.

Export of goods (volume, adjusted for working days)

Circumstances for Dutch exports in August just as favourable as in June

According to the CBS Exports Radar, circumstances for Dutch exports in August are, on balance, just as favourable as in June. Conditions are strongly affected by recent developments on the major export markets for Dutch products and by the competitive position of the Netherlands.

In August’s Exports Radar, the confidence indicators have improved compared to June. The development of the year-on-year real effective exchange rates, on the other hand, was considerably less favourable in August compared to June’s Exports 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.

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