Export Conditions
Exports conditions: less unfavourable
The climate for Dutch exports was less unfavourable in July 2026 than it had been the previous month. Since the previous month, new data have become available for all indicators. Four indicators improved, one deteriorated and one remained the same. The climate for Dutch exports is largely determined by developments in the main market for Dutch exports - Germany and the eurozone - and changes in Dutch competitiveness. Although the indicators are strongly correlated with export activity, improved circumstances do not necessarily lead directly to export growth.
The real effective exchange rate became more favourable. The contraction year on year of German manufacturing output was smaller. German producer confidence and producer confidence in the euro area were less negative. However, European manufacturers became more negative about their foreign orders. Dutch manufacturers were equally negative about their foreign orders.
Related items
- PDF Explanatory notes: Exports indicator - PDF