Export growth almost 7 percent

14/11/2017 15:00
Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 6.9 percent in September 2017 relative to September 2016. Growth was slightly lower than in August. In September, exports of machinery, appliances and cars increased most notably. The volume of imports was 5.6 percent up on September last year.

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

Circumstances for Dutch exports in November more favourable than in September

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 November are, on balance, more favourable than in September. The opinion of manufacturers in the eurozone about their foreign orders improved most notably, and producer confidence in the eurozone and Germany 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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