The CBS Exports Radar indicates that circumstances for exports January are about as favourable as they were in November.
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Conditions for exports in January about the same as 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 January are about as favourable as they were in November. The year-on-year contraction in German manufacturing output was larger and the development of the real effective exchange rate was less favourable. On the other hand, producer confidence in both Germany and the euro area was more positive in January’s radar, and Dutch manufacturers were more positive about their foreign orders.