Exports rise 6% in October

Dutch export growth reached 6% in October, the highest level in the last five months, the national statistics office CBS said on Wednesday.

Imports were also up 6%, again the highest figure since June.
The rise takes the trade surplus to €36bn, up €200m on October 2011.
‘It is a surprise but it is too early to say if this can drag the economy out of the crisis,’ CBS statistician Peter Hein van Mulligen told the NRC, pointing to the deterioration in the German economy.
The increase in exports was driven by raw materials and fossil fuels as well as the import of chemicals, the CBS said.
Exports outside the EU, to the US, Russia and China in particular, grew more strongly than exports to European countries.

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