SINT MAARTEN/THE NETHERLANDS – Dutch exports to China have fallen for the first time since 2002, national statistics office CBS said on Thursday.
The drop recorded in the first eight months of the year is partly due to a falloff in China’s import of industrial waste, the CBS said.
In 2017, the Netherlands exported some €830m worth of industrial waste to China, but this year so far exports have been down 60%. Metal, plastic and paper waste accounts for some 7% of Dutch exports to China.
At the same time, the export of baby milk powder has risen 16% to almost €700m, making it the biggest export product. Specialised machinery is in second place.
The total value of Dutch exports to China was down 15% in the January to August period at €4.8bn. (DutchNews)