Industry in Netherlands
Netherlands - Industry
Manufacturing sector shows signs of losing steam
The Netherlands one of the most important cargo gateways in Europe has benefited from increased global trade and robust growth in core Europe. However, with exports already above pre-crisis levels, the external sector is unlikely to further boost growth in quarters ahead. In April, exports grew 11.4% in nominal terms over the same month last year, which was below the 12.0% expansion tallied in March and marked the fourth consecutive month of slower growth rates. The sustained deceleration partly reflects the waning of a favourable base effect, which coupled with weaker growth prospects around the world, is likely to prevent exports from accelerating in the near term. Despite the slowdown, export growth is still strong at the current level. However, an important part of exports are the so-called re-exports, which are imports upon which little or no value is added. Therefore, strong export growth does not necessarily imply a strong recovery in domestic economic activity. In fact, recent data suggest that the manufacturing sector is losing steam. In April, industrial production contracted a working-day adjusted 0.8% in April over the same month last year, which represents the slowest pace since November 2009. Moreover, business confidence dropped for the third month in a row from 3.1 points in May to 2.0 points in June, suggesting that investment will decelerate in the months ahead.
Netherlands - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -3.4 | 1.3 | 1.4 | 0.6 | -0.9 |
Netherlands Industry Chart
Source: Statistics Netherlands and FocusEconomics calculations.
Netherlands Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.06 | 5.70 % | Jan 01 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Netherlands: Manufacturing operating conditions continue to deteriorate in July albeit at a softer pace
August 3, 2020
Operating conditions in the Dutch manufacturing sector continued deteriorating at the start of the third quarter, with the NEVI Manufacturing Purchasing Managers’ Index (PMI) coming in at 47.9 in July.
-
Netherlands: Business confidence remains in negative territory in July
July 30, 2020
Business confidence rose to minus 8.7 in July from June's minus 15.1.
-
Netherlands: Consumer confidence remains pessimistic July
July 22, 2020
Consumer confidence rose to minus 26.0 in July from June's minus 27.0.
-
Netherlands: Manufacturing operating conditions deteriorate at a softer pace in June
July 1, 2020
Operating conditions in the Dutch manufacturing sector continued to deteriorate at the end of the second quarter, with the NEVI Manufacturing Purchasing Managers’ Index (PMI) coming in at 45.2 in June.
-
Netherlands: Business confidence improves in June but remains pessimistic
June 29, 2020
Business confidence came in at minus 15.1 in June, up from May's minus 25.1.
© Copyright: 2020. | Netherlands Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
