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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NetherlandsNetherlands Balance of Trade fell to 7.96B in April 2026
FMPMonthlyReleased June 2026
Netherlands Balance of Trade fell to 7.96B in April 2026, released June 2026, down 2.78B from March's 10.74B reading. The reading missed the 11.2B consensus by 3.24B. The print is running well below the 12-month average of 15.3B. Over the past 3 months, Balance of Trade averaged 31.17B, vs 9.48B in the prior 3-month window. Balance of Trade is now the lowest in 7 months.
Latest Release
7.96
Actual
11.2
Consensus
10.74
Previous
Median Absolute Error
±1.51 billion
across last 12 releases
Last Call
Jun 2026
Predicted: 10.8
Actual: 7.96
Error: +2.84
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.44 | COMMODITIES | Bearish XAU | → View |
| S&P 500 | ▼ Inverse | −0.32 | INDEX | Bearish S&P 500 | → View |
| BTC/USD | ▼ Inverse | −0.26 | CRYPTO | Bearish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Balance of Trade (Netherlands) was reported at 7.96 billion in June 2026. This missed the market consensus of 11.20 billion by 3.24 billion. The reading fell from the previous value of 10.74 billion. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 9.89 billion, ranging from 7.74 billion to 12.47 billion across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 8.91 billion, down from the prior three at 10.95 billion. Volatility over the past year (σ 1.57 billion) is higher than the prior year (σ 1.36 billion). In June readings over the past 3 years, Balance of Trade has averaged 10.10 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 1.51 billion.
WHAT TO WATCH NEXT
The next release is scheduled for July 14, 2026. Same-country events in the next 14 days include Unemployment Rate (Jun 18) and Consumer Confidence (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Balance of Trade - NL
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About Balance of Trade — Netherlands
DEFINITION
The Balance of Trade is a financial indicator that measures the difference between a country's exports and imports of goods and services. It is an important measure of a country's economic health and can indicate whether a country is running a trade surplus or deficit. A positive balance of trade indicates that a country is exporting more than it is importing, while a negative balance of trade suggests the opposite. This indicator is closely monitored by economists and policymakers as it can impact a country's currency value, inflation, and overall economic growth.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 7.96 B, consensus 11.2 B. Prior reading (Mar 2026): 10.74 B. Before that (Feb 2026): 72.9 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.44) — a useful reference for commodities-focused traders.