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