January 21, 2023

In November 2022, the total volume of goods exports was up by 4.8 percent year on year, as reported by Statistics Netherlands (CBS). The increase over November was mainly seen in exports of petroleum products, transport equipment and machinery and appliances. The volume of goods imports was down by 0.9 percent year on year.
The CBS Exports Radar indicates that circumstances for exports in January are less favourable than in November.

Conditions for exports in January less favourable

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 less favourable than in November. This is mainly because the year-on-year growth of German manufacturing output was lower and opinions of Dutch and European manufacturers about their foreign orders deteriorated.

Source: Statistics Netherlands (CBS)
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