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Netherlands' exports grow by 8.5% in October 2022: CBS

15 Dec '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

In October 2022, Netherlands’ total volume of goods exports was up by 8.5 per cent year on year (YoY), according to a report by Statistics Netherlands (CBS). The country’s volume of goods imports was up by 7.4 per cent year on year in October.

CBS also indicated that circumstances for Netherlands’ exports in December are less favourable than in October. This is mainly because the YoY change of the real effective exchange rate was more unfavourable.

In addition, the year-on-year growth of German manufacturing output was lower and opinions of Dutch and European manufacturers about their foreign orders deteriorated, according to the CBS Exports Radar.

Fibre2Fashion News Desk (DP)

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