The volume of goods exported in November was 4.2% higher than in November 2023, according to CBS. The export of food, chemical products, and machinery saw significant increases. Meanwhile, imports grew by 1.8% in the same period, particularly in petroleum products and machinery.
In the CBS Exportradar for January, the conditions for export were less unfavorable than in November, mainly due to a smaller year-on-year decline in German industrial production and a less negative outlook from Dutch and European manufacturers regarding export orders.