In October 2024, Dutch export volumes rose by 1.7 per cent year-on-year, driven by increased exports of food, chemicals, and machinery, according to Statistics Netherlands (CBS). Imports fell by 2.4 per cent, mainly due to lower natural gas and petroleum imports.However, the CBS Exports Radar for December highlights a more unfavourable export outlook, citing a larger contraction in German industrial production and negative sentiment among Dutch and European manufacturers about foreign orders. These conditions, while correlated with export activity, may not directly translate to reduced export growth, CBS said.
Dutch export volumes rose by 1.7 per cent year-on-year in October 2024, led by food, chemicals, and machinery, while imports fell 2.4 per cent due to lower natural gas and petroleum imports, as per CBS.
The CBS Exports Radar for December indicates worsening export conditions due to a larger contraction in German industrial production and negative sentiment among manufacturers on foreign orders.
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