Dutch goods exports volume down by 3.1% YoY in Jan 2024: CBS
17 Mar 24 1 min read
Insights
- The total volume of goods exported by the Netherlands (adjusted for number of working days) was down by 3.1 per cent year on year (YoY) in January.
- The volume of goods imported was down by 12 per cent YoY, primarily due to natural gas and petroleum products.
- Conditions for exports in March seem to be more unfavourable than they were in January.
Export volumes of natural gas, petroleum products, machinery, transport equipment and food, beverages and tobacco were lower, in particular.
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The volume of goods imported was down by 12 per cent YoY, primarily due to natural gas and petroleum products, a CBS release said.
The CBS Exports Radar indicates that conditions for exports in March are more unfavourable than they were in January. This is mainly due to the fact that producer confidence in Germany deteriorated and the YoY contraction of German manufacturing output was larger.
Fibre2Fashion News Desk (DS)
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