For the first time in several years, exports of Dutch goods to China have declined. The Central Bureau of Statistics (CBS) calculates that in the first eight months of this year, the Netherlands exported 15 percent less goods from its own factory to China than in the same period last year.
Exports to China in the first eight months of this year amounted to almost 4.8 billion euros. That's 860 million euros less than in the same period in 2017.
Part of the decline can be explained by the fact that China has introduced an import ban for various types of waste. Exports to China's industrial waste are 60 percent lower than last year.
Fewer machines to China
It is surprising that the export of special machines also dropped significantly, up to 40 percent. This is primarily a machine that can be used in the production process.
According to a spokesman for Dutch Statistics, it is too early to say that this is a trend. This could also be a temporary decline after a large number of tasks in previous years. Is the trade war between the United States and China a factor, Statistics Netherlands cannot say.
Baby milk powder
Baby powdered milk is the most important export product to China. In the first eight months, nearly 700 million euros of baby milk powder went to China, which was sixteen percent more than a year earlier.
In addition to baby powder milk, the Netherlands exports 440 million euros to other food products, including meat and dairy products.