Export growth 5.5 percent in January

15/03/2018 15:00
Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 5.5 percent in January relative to January 2017. Relative growth was smaller than in the two previous months. In January 2018, exports of machinery, appliances and cars increased again most notably. The volume of imports was 9.1 percent up on January 2017. Import growth was higher than in the preceding months.

The CBS Exports Radar indicates that circumstances for exports in March are less favourable than in January.

Circumstances for Dutch exports in March less favourable than in January

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 export growth.

According to the CBS Exports Radar, circumstances for Dutch exports in March are less favourable than in January. European and German producer confidence deteriorated in particular in March’s Export Radar. The development of the real effective exchange rate was also less favourable.

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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