Export growth over 7 percent in August

© Hollandse Hoogte
Statistics Netherlands (CBS) reports that the total volume of goods exports grew by over 7 percent in August 2017 relative to August 2016. Growth was slightly higher than in July. In August, the export of cars, machinery, appliances and chemical products increased most notably. Both exports of goods produced in the Netherlands and re-exports were higher in volume than one year previously. The volume of imports was up by nearly 8 percent year-on-year.

The CBS Exports Radar indicates that circumstances for exports in October are more favourable than in August.

Export of goods (volume, adjusted for working days)
 % change
2013 S-0.2
2013 O-0.6
2013 N1.8
2013 D0.2
2014 J0.9
2014 F3.7
2014 M2
2014 A3.9
2014 M-0.9
2014 J4.1
2014 J3.6
2014 A0.7
2014 S6.3
2014 O3.3
2014 N3
2014 D6
2015 J7.7
2015 F5.2
2015 M4
2015 A5.9
2015 M6.2
2015 J5.2
2015 J5.9
2015 A7.2
2015 S4
2015 O6.2
2015 N4.9
2015 D4.5
2016 J4.7
2016 F4
2016 M5.9
2016 A6
2016 M7.1
2016 J4.6
2016 J3.5
2016 A4.1
2016 S5.6
2016 O4.5
2016 N5.4
2016 D6.2
2017 J2.2
2017 F5.4
2017 M7.5
2017 A2.6
2017 M3.1
2017 J10.7
2017 J7
2017 A7.3

Circumstances for Dutch exports in October more favourable than in August

Every month, CBS also publishes updates on the circumstances for exports in the Exports Radar. Conditions are strongly affected by recent developments on the main export markets for Dutch products and by the competitive position of the Netherlands. Although the Radar indicators show a strong correlation with export activity, improved circumstances are not necessarily translated into increased exports growth.

According to the CBS Exports Radar, circumstances for Dutch exports in October are, on balance, more favourable than in August. The development of the German manufacturing output improved considerably. The opinion of manufacturers in the eurozone about their foreign orders improved and producer confidence in the eurozone also rose.

Goods exports account for approximately three-quarters of total exports. As for data on exports of services, these are not published monthly. Data on total exports are published quarterly and annually. The figures reported in this publication are provisional and may be adjusted.

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