The CBS Exports Radar indicates that circumstances for exports are less favourable in August than they were in June.
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Conditions for exports less favourable in August
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 August are less favourable than in June. This is mainly because the year-on-year growth in German manufacturing output was considerably lower in August’s radar. The other indicators did improve.