Dutch trade surplus increased in March alongside stronger growth in exports and weakening imports, data from Statistics Netherlands revealed Tuesday.
The trade surplus during March amounted to EUR 4.1 billion, which was EUR 0.6 billion higher than in March 2011.
Growth in export volume accelerated to 5.5 percent year-on-year from 3.8 percent in February. Meanwhile, import growth slowed to 4.2 percent from 6.4 percent in the preceding month.
In value terms, total exports amounted to EUR 39 billion. That is the highest export value ever recorded and nearly 6 percent higher than last year. The value of imports grew nearly 5 percent to EUR 34.9 billion, which is also the highest value on record.
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