Dutch Trade Surplus Rises in November

In November of 2013, Netherlands’ trade surplus rose for the third straight month to € 4.22 billion, the highest value since May, as imports value shrank 4 percent over a year earlier.

In November of 2013, the volume of exports of goods was 2.4 percent higher than a year earlier, whereas the volume had decreased somewhat in September and October. The volume of imports grew by 0.8 percent, after a marginal decline in October. 

The value of exported goods totaled 36.8 billion euros, i.e. 2.7 percent down over a year earlier. The value of imported goods fell by 4.0 percent to 32.6 billion euros, resulting in a trade surplus of 4.2 billion euros, 0.3 billion euros more than in November 2012. 

Import and export prices in November were below last year’s level. Export prices fell by 2.4 and import prices by 2.1 percent. As a result, terms of trade deteriorated slightly compared to November of 2012.

According to January’s Exports Radar, circumstances for Dutch exports were more favorable than in the preceding month.

Dutch Trade Surplus Rises in November

CBS | Joana Taborda | joana.taborda@tradingeconomics.com
1/15/2014 12:32:18 PM