Export growth 3 percent in July

Statistics Netherlands (CBS) reports that the total volume of goods exports grew by 3.0 percent percent in July relative to July 2017. In June, exports fell slightly for the first time in over four years. In July 2018, exports of transport equipment increased most notably. Dutch companies also exported more machinery and appliances. The volume of imports was 1.9 percent up on July 2017.

The CBS Exports Radar indicates that circumstances for exports in September are less favourable than in July.

Exports of goods (volume, adjusted for working days) (year-on-year % change)
Year MonthMutation
2014August0.7
September6.3
October3.3
November3
December6
2015January7.7
February5.2
March4
April5.9
May6.2
June5.2
July5.9
August7.2
September4
October6.2
November4.9
December4.5
2016January4.7
February4
March5.9
April6
May7.1
June4.6
July3.5
August4.1
September5.6
October4.5
November5.4
December6.2
2017January3
February6.4
March8.1
April2.9
May3.1
June10.7
July7.5
August6.9
September7.5
October4.8
November9.1
December6.1
2018January5.4
February3
March2.1
April7.1
May4.7
June-0.6
July3

Circumstances for Dutch exports in September less favourable than in July

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 September are less favourable than in July. This is mainly due to the smaller year-on-year growth of German manufacturing output.

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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