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Netherlands' total volume of goods exports up 5.8% in Feb 2023: CBS

14 Apr '23
1 min read
Pic: Make more Aerials / Shutterstock.com
Pic: Make more Aerials / Shutterstock.com

Insights

  • Netherlands experienced a 5.8 per cent YoY rise in the volume of goods exports in February 2023, according to Statistics Netherlands.
  • The CBS Exports Radar indicates that circumstances for exports in April are more favourable than in February due to the growth in German manufacturing output and the more favourable real effective exchange rate.
Netherlands’ total volume of goods exports in February 2023 increased by 5.8 per cent year-on-year (YoY), according to Statistics Netherlands (CBS). In comparison to February 2022, the volume of goods imports increased by 3.7 per cent in February 2023.

The circumstances for exports in April are more favourable than in February, as per the CBS Exports Radar.

Circumstances for exports in April are more favourable than in February. This is mainly because the year-on-year contraction in German manufacturing output turned into growth. In addition, the development of the real effective exchange rate was more favourable.

ALCHEMPro News Desk (DP)
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