Pic: Adobe Stock However, while exports rose, imports experienced a slight decline, with a 0.7 per cent drop in the volume of goods imported compared to July 2023.
Looking ahead, the CBS Exports Radar for September points to a more challenging outlook for exports. Conditions have worsened since July, primarily due to declining optimism among European manufacturers about foreign orders. In particular, confidence among German manufacturers has taken a downturn, contributing to the increasingly negative export environment, as per the CBS.
In July 2024, Netherlands' exports increased 2.2 per cent year-on-year, while imports fell 0.7 per cent, according to CBS. However, the CBS Exports Radar for September shows a worsening outlook due to declining optimism among European manufacturers and decreased confidence from German manufacturers, leading to more unfavourable export conditions.SBS Zipper News Desk (DP)
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