On 1 September 2023 additional export control measures will enter into force for advanced semiconductor manufacturing equipment. From that point on, the export of certain advanced semiconductor manufacturing equipment will be subject to a national authorisation requirement. The ministerial order in question, which was announced on 8 March in a letter to the House of … Read more
Yard utilisation levels are below 60% at some container terminals in Northern Europe – just when they should be brimming with peak season imports. A year ago, it was rare to see a ship-to-shore crane not boomed down at container hubs in the Le Havre – Hamburg range, with several ships anchored outside awaiting a … Read more
INSIGHTS Dutch goods exports rose 0.8 per cent YoY in May 2023, while imports fell by 3 per cent, as per CBS. However, the CBS Exports Radar predicts less favourable export conditions in July due to an unfavourable real effective exchange rate, lower producer confidence in the euro area and Germany, and deteriorating foreign order … Read more
In May, the total volume of goods exports was up by 0.8 percent year on year, as reported by Statistics Netherlands (CBS). The increase was mainly seen in exports of transport equipment, machinery and appliances. Exports of chemical and metal products were lower. The volume of goods imports was down by 3.0 percent relative to … Read more
According to the second estimate conducted by Statistics Netherlands (CBS), gross domestic product (GDP) decreased by 0.3 percent in Q1 2023 relative to Q4 2022. The contraction in the first quarter of 2023 is mainly due to increased withdrawals from gas storage facilities. The second GDP estimate is published 85 days after the end of … Read more
Netherlands will soon join the United States and Japan in rolling out new semiconductor export control measures aimed at keeping sensitive technology away from China due to concern for potential misuse, the country’s economic affairs minister told reporters on a visit to Washington, Voice of America (VOA) reported. As per VOA, the measures are likely … Read more
INSIGHTS Dutch exports reached a record €170.4 billion in 2022, up 30 per cent from 2021, while imports jumped 37 per cent to €182.2 billion, according to Statistics Netherlands (CBS). Trade value increased due to higher prices, though the Dutch economy’s openness remained steady. The country’s re-exports accounted for 57 per cent of export growth. … Read more
This photo taken on May 24, 2023 shows the site of the Promotion Event of 6th China International Import Expo (The Netherlands) held in Amsterdam, the Netherlands. Dutch and Chinese business representatives signed a memorandum of cooperation on matters related to the China International Import Expo (CIIE) here on Wednesday.(Xinhua/Wang Xiangjiang) AMSTERDAM, May 25 (Xinhua) … Read more
Chinese Vice President Han Zheng (right) meets with Dutch Deputy Prime Minister and Foreign Minister Wopke Hoekstra on Wednesday in Beijing. Photo: Xinhua The economies of China and the Netherlands are highly complementary, with huge potential for cooperation and sound growth momentum in bilateral trade, said Chinese Vice President Han Zheng during a meeting with … Read more
INSIGHTS In 2022, the Netherlands was the 6th largest market for India’s apparel exports, holding 4.02 per cent share of India’s total exports of $16.238 billion. During fiscal 2023, Netherlands emerged as India’s 3rd largest export destination. India’s apparel exports to Netherlands rose by 32.56 per cent to $652.169 million in 2022 from $491.987 million … Read more