Exports Radar

The Exports Radar is an instrument developed by Statistics Netherlands to analyse developments in exports of goods and place them in some sort of context.

Source: Statistics Netherlands
Inside the dotted line: less favourable than average.

Outside the dotted line: more favourable than average.

Exports Radar: circumstances deteriorated

Circumstances for Dutch exports in September 2022 were less favourable than in the previous month. Since the publication of the previous Exports Radar, new data have become available for six indicators. All indicators deteriorated. Circumstances relevant to Dutch exports are largely determined by developments in the main market for Dutch exports - Germany and the eurozone - and developments in Dutch competitiveness. Although the Radar indicators show a strong correlation with export activity, improved circumstances are not necessarily translated into increased export growth.

German producer confidence and producer confidence in the Eurozone deteriorated. The year-on-year change of the real effective exchange rate was also less favourable and the year-on-year growth in German manufacturing turned into an decrease. Furthermore, opinions of European and Dutch manufacturers about their foreign orders deteriorated.

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