Drop in exports slows
The decline in Dutch exports to the rest of the world appears to be slowing, the national statistics office CBS said on Friday.
In July exports were down 6% on the year-earlier period, but in June the drop was 12%, the CBS said.
Exports to the EU have been hardest hit. Exports to the rest of the world are almost back at last year’s levels, the CBS said.
The Dutch economy is heavily dependent on exports which is one reason why the Netherlands has been hard hit by the recession.
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