Export growth 4.2 percent in February

Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 4.2 percent in February relative to February 2017. Relative growth was slightly higher than in the preceding month. In February 2018, exports of machinery, appliances and cars increased again most notably. The volume of imports was 6.2 percent up on February 2017. Import growth was slightly smaller than in the preceding month.

The CBS Exports Radar indicates that circumstances for exports in April are less favourable than in February.

Exports of goods (volume, adjusted for working days) (year-on-year % change)
 % changeColumn1Column2
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 J3
2017 F6.4
2017 M8.1
2017 A2.9
2017 M3.1
2017 J10.7
2017 J7.5
2017 A6.9
2017 S7.5
2017 O4.8
2017 N9.1
2017 D6.1
2018 J3.7
2018 F4.2

Circumstances for Dutch exports in April less favourable than in February

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 April are less favourable than in February. The year-on-year growth of German manufacturing output was smaller in particular. In addition, German and European producer confidence deteriorated as well as the mood among Dutch and European manufacturers about foreign orders.

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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