Overall growth in both imports and exports is affected negatively by a large company relocating part of its business activities to another country.
The CBS Exports Radar indicates that circumstances for exports in January are less favourable than in November.
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Circumstances for Dutch exports in January less favourable than in November
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 January are less favourable than in November. This is mainly due to a deterioration in the opinions of manufacturers around the eurozone about their foreign orders and in the year-on-year development of manufacturing output in Germany.