The CBS Exports Radar indicates that in March circumstances for exports are less unfavourable than they were in January.
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Conditions for exports less unfavourable in March
Every month, CBS also publishes updates on the circumstances for exports in the Exports Radar. Conditions are largely determined by developments on the main export markets for Dutch domestic products and in 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 March are less unfavourable than in January. This is mainly due to increased producer confidence in both Germany and the eurozone. Furthermore, Dutch and European manufacturers have become less pessimistic about their foreign orders.