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