Conditions for exports less unfavourable in March
Every month, CBS also publishes an update on the conditions for exports in its Exports Radar. These are largely determined by developments in key sales markets for domestic exports and by the competitive position of the Netherlands. Although the Radar indicators are closely correlated with export activity, improved conditions do not necessarily mean higher export growth.
According to the CBS Exports Radar for March, conditions for exports are less unfavourable than they were in January. This is mainly because the year-on-year change in real exchange rates was more favourable and manufacturers in Germany and the euro area were less negative.
Source: CBS
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