The CBS Exports Radar indicates that circumstances for exports are more favourable in June than they were in April.
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Conditions for exports more favourable in June
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 June are more favourable than in April. This is mainly because the year-on-year decline in German manufacturing output changed into substantial growth. The confidence indicators improved as well.