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)
2014 August0.7
2014 September6.3
2014 October3.3
2014 November3
2014 December6
2015 January7.7
2015 February5.2
2015 March4
2015 April5.9
2015 May6.2
2015 June5.2
2015 July5.9
2015 August7.2
2015 September4
2015 October6.2
2015 November4.9
2015 December4.5
2016 January4.7
2016 February4
2016 March5.9
2016 April6
2016 May7.1
2016 June4.6
2016 July3.5
2016 August4.1
2016 September5.6
2016 October4.5
2016 November5.4
2016 December6.2
2017 January3
2017 February6.4
2017 March8.1
2017 April2.9
2017 May3.1
2017 June10.7
2017 July7.5
2017 August6.9
2017 September7.5
2017 October4.8
2017 November9.1
2017 December6.1
2018 January5.4
2018 February3
2018 March2.1
2018 April7.1
2018 May4.7
2018 June-0.6
2018 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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