Dutch Trade Surplus Narrows in April

Netherlands’ trade surplus narrowed to €4.5 billion in April of 2014 according to preliminary estimates, down from a revised €4.8 billion in previous month as exports fell more than imports. Compared with a year earlier, the trade deficit widened 11.5 percent.

On a monthly basis, non-seasonally adjusted exports fell 2.9 percent to € 36.14 billion in April and imports shrank 2.2 percent to € 31.6 billion.

Year-on-year, sales rose 2.55 percent. In volume terms, exports increased 2.0 percent. The growth was slightly more substantial than in the preceding months, when the relatively mild weather conditions slowed down exports growth. In April, the negative effect of the weather conditions was more modest.

Imports were 1.3 percent higher than in April of 2013. In volume, purchases were 1.2 percent higher in April 2014 from April 2013.

The trade value of imports and exports of mineral fuels dropped significantly relative to twelve months previously, but the trade value of manufactured products, machinery and transport equipment was substantially higher.

The value of trade with EU-countries improved relative to April 2013, whereas the value of trade with non-EU countries remained fairly stable.

Dutch Trade Surplus Narrows in April

CBS | Isabel Felino | isabel.felino@tradingeconomics.com
6/12/2014 4:18:54 PM