Overall growth in both imports and exports is affected negatively by a large company which relocated part of its business activities to another country as of October 2018.
The CBS Exports Radar indicates that circumstances for exports in November are less favourable than in September.
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Conditions for exports in November less favourable than in September
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 exports in November are less favourable than in September. Producer confidence in the eurozone and Germany was more negative. In addition, opinions of manufacturers in the Netherlands and the eurozone about their foreign orders were more negative.