The Dutch economy has experienced robust growth following the COVID-19 pandemic, outperforming other eurozone economies. This success can be attributed to the country’s resilience during the crisis and its strong recovery driven by export growth in 2021 and 2022, according to the Central Planning Bureau (CPB). Furthermore, the Netherlands is gradually reducing its dependence on … Read more
The Dutch economy has entered a recession, with daily growth of 0.3% in the second quarter. The first estimate was published by Statistics Netherlands on Wednesday. The fifth-largest economy in the eurozone shrank for the second consecutive quarter after it had a diminution of 0.4% in the initial three months of the year. Economic growth … Read more
In June, the total volume of goods exports (adjusted for number of working days) fell by 1.5 percent year on year, as reported by Statistics Netherlands (CBS). The decrease was mainly seen in exports of chemical, metal and food products. Exports of transport equipment, machinery and appliances were higher. The volume of goods imports was … Read more
Deputy Minister of Foreign Affairs of Turkmenistan Vepa Hajiyev met with Ambassador of the Netherlands Andre Carstens, who is completing his mission in Turkmenistan, on August 8. The Turkmen side expressed gratitude to the diplomat for his personal contribution to the development of Turkmen-Dutch relations, the Foreign Ministry reported. The sides discussed the current agenda … Read more
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