Dutch Trade Surplus Edges Down in December

In December, Netherlands’ trade surplus fell to € 3.24 billion, the lowest value in 3 months. The surplus was up by €0.1 billion as exports rose at a faster pace than imports when compared to the previous year.

The value of exports of goods amounted to €34.5 billion, 1.9 percent more than a year earlier. The value of imports increased by 1.7 percent to €31.2 billion.

The volume of sales of goods in December was 0.1 percent higher than a year earlier, down from 1.1 percent in November. The volume of purchases increased by 0.8 percent after a slight contraction in November. 

Both the input and the output value of industrial products, machinery and transport equipment rose sharply. Exports to countries outside the EU was clearly lower than a year earlier.

Import and export prices in December were at a lower level than a year earlier. Export prices fell by 0.9 percent and import prices by 1.8 percent. The terms of trade improved when compared to December 2012.

Dutch Trade Surplus Edges Down in December

CBS | Nuno Fontes | nuno@tradingeconomics.com
2/14/2014 9:18:22 AM