Exports up by over 5 percent in September

© Hollandse Hoogte
In September 2021, the total volume of goods exports was up by 5.3 percent year-on-year, as reported by Statistics Netherlands (CBS). The increase was mainly seen in exports of chemical and metal products. Compared to September 2019, exports were 6.5 percent higher. The volume of imports in September was up by 8.1 percent year-on-year and by 9.8 percent relative to September 2019.

The CBS Exports Radar indicates that circumstances for exports are less favourable in November than they were in September.

Exports of goods (volume, adjusted for working days)
Year Month%-change (year-on-year %-change)
2017October7
2017November7.1
2017December6.2
2018January4.8
2018February4.3
2018March3.1
2018April6.2
2018May5.3
2018June0.4
2018July2.7
2018August4
2018September3
2018October3.4
2018November0.4
2018December0.6
2019January2.2
2019February-0.3
2019March1.5
2019April1.7
2019May-0.1
2019June0.7
2019July-0.1
2019August3.4
2019September1.4
2019October6.3
2019November2.3
2019December4.5
2020January3.2
2020February1
2020March-4.7
2020April-12.7
2020May-11.6
2020June-2.9
2020July0
2020August-3.4
2020September0.8
2020October2.7
2020November1.3
2020December-0.8
2021January2.2
2021February3
2021March11.2
2021April23.8
2021May20.3
2021June13.3
2021July9.9
2021August9
2021September5.3

Conditions for exports less favourable in November

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 November are less favourable than in September. This is mainly because the year-on-year growth in German manufacturing output turned into a contraction in November’s radar.

Goods exports account for approximately three-quarters of total exports. As for data on exports of services, these are not published monthly. Data on total exports are published quarterly and annually. Figures published in this news release are provisional and subject to revision.