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 more unfavourable

Circumstances for Dutch exports in July 2024 were more unfavourable than in the previous month. Since the publication of the previous Exports Radar, new data have become available for all indicators. Four indicators improved, two 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.

The year-on-year contraction of German manufacturing output was larger. Producer confidence in the Euro area deteriorated. However, the development of the real effective exchange rate was less unfavourable. Producer confidence in Germany improved and opinions of Dutch and European manufacturers about their foreign orders also improved.

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