Netherlands' Trade Surplus Narrows 10% YoY in April


The Dutch trade surplus narrowed to a provisional €3.5 billion in April from a revised €5.0 billion in March as exports edged down to €34.6 billion from €37.5 in March and €35.2 billion in April of 2012.

The volume of sales of goods was 2.7 percent lower in April than twelve months previously. Exports decreased for the first time since October 2011. The volume of imports decreased by 0.2 percent in April; this is in the same order of magnitude as in March. Volume figures are adjusted for the number of working days.

The value of imports and exports of raw materials and mineral fuels and of machinery and transport equipment was lower than twelve months previously. The value of  imports and exports of food and drinks, on the other hand, grew substantially. The value of shipments to non-EU countries fell substantially, whereas the value of exports to EU virtually equalled last year’s level.

For the second consecutive month, import and export prices were down from one year previously. Export prices were 1.9 percent down, import prices fell by 3.2 percent. As a result, terms of trade improved compared to April 2012.

Netherlands


CBS | Nuno Fontes | nuno@tradingeconomics.com
6/14/2013 5:51:08 PM