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Netherlands' exports increase by 4.8% YoY in November 2022: CBS

20 Jan '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Netherlands’ total volume of goods exported was up by 4.8 per cent in November 2022, compared to the corresponding period of the previous year, according to Statistics Netherlands (CBS). The increase over November was mainly seen in exports of petroleum products and transport equipment. The country’s total volume of goods imported declined by 0.9 per cent year-on-year (YoY) in November 2022.

The CBS Exports Radar indicates that circumstances for exports in January are less favourable than in November. This is mainly because the YoY growth of German manufacturing output was lower and opinions of Dutch and European manufacturers about their foreign orders deteriorated.

In October 2022, Netherlands’ total volume of goods exports was up by 8.5 per cent YoY, while the country’s volume of goods imports was up by 7.4 per cent YoY.

Fibre2Fashion News Desk (DP)

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