Terms of trade in goods, index 2015=100

Terms of trade in goods, index 2015=100

Periods Index figures Terms of trade (2015=100) Index figures Import prices (2015=100) Index figures Export prices (2015=100) Year-on-year change Terms of trade (%) Year-on-year change Import prices (%) Year-on-year change Export prices (%)
2018* 100.5 101.1 101.6 -0.2 2.2 2.1
2019 September* 101.6 99.3 100.9 1.2 -3.2 -2.0
2019 3rd quarter* 101.8 99.2 101.0 1.0 -2.8 -1.8
2019 October* 101.6 98.5 100.0 1.5 -4.3 -2.9
2019 November* 101.2 98.3 99.4 1.0 -3.1 -2.2
2019 December* 100.4 99.9 100.3 0.7 -0.6 0.1
2019 4th quarter* 101.1 98.9 99.9 1.1 -2.7 -1.7
2019* 101.4 99.9 101.3 0.9 -1.1 -0.3
2020 January* 101.2 99.7 101.0 -0.4 -0.4 -0.8
2020 February* 101.3 100.2 101.6 0.2 -1.5 -1.3
2020 March* 103.2 95.8 98.8 2.4 -5.7 -3.4
2020 1st quarter* 101.9 98.5 100.4 0.7 -2.6 -1.9
2020 April* 104.2 91.8 95.7 3.9 -9.8 -6.3
2020 May* 105.7 91.3 96.5 2.9 -9.0 -6.4
2020 June* 101.5 94.9 96.3 0.3 -4.9 -4.7
2020 2nd quarter* 103.8 92.7 96.2 2.4 -7.9 -5.8
2020 July* 104.2 93.3 97.2 1.9 -6.0 -4.2
2020 August* 103.3 93.5 96.6 1.7 -5.5 -3.9
Source: CBS.
Explanation of symbols

Table description

Statistics Netherlands collects monthly data on imports and exports of goods. This table comprises index figures and changes in terms of percentage of terms of trade, import price and export price of goods. Imports and exports are defined by change in economic ownership of the goods concerned. The indices are based on 2015=100. The changes in terms of percentage are compared with the same period twelve months previously.

Data available from: 1995 January

Status of the figures:
Data from 1995 up to and including 2017 are final. Data of 2018, 2019 and 2020 are provisional.

Changes as of 12 October 2020:
Data over August 2020 have been added. Data over April until July 2020 have been adjusted.

Terms of trade figures, import prices and export prices may be adjusted once new or updated source information becomes available in the monthly international trade statistics or producer prices. In addition, monthly price changes are adjusted retrospectively to fit those of imports and exports of goods in the quarterly National Accounts and the annual National Accounts. A complete revision of the National Accounts is done once every five years.

When will new figures be published?
Six to seven weeks after the end of the month under review.

Description topics

Index figures
Index figures, base year 2015=100.

An index compares the value of a variable in a certain period with the value of the same variable in the base period. The index of this base period is 100.
Terms of trade
The terms of trade in goods reflect the ratio of export prices to import prices.

If prices of exports rise more quickly than prices of imports, the terms of trade improve. If import prices rise more quickly than export prices, the terms of trade deteriorate.
Import prices
Import price of goods.

Imports of goods:
Transactions in goods (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the imports are raw materials, semi-finished products, fuel and fixed assets. Furthermore, imports of goods may be re-exports: goods that were imported before being exported, after having received at most minor adaptations.
Export prices
Export price of goods.

Exports of goods:
Transactions in goods (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the exports of goods are re-exports: goods that were imported before being exported, after having received at most minor adaptations.
Year-on-year change
Change compared to the same period in the previous year.

Change indicates the growth rate with respect to the same period of the previous year as a percentage. Statistics Netherlands calculates this on the basis of non-rounded figures.
Terms of trade
The terms of trade in goods reflect the ratio of export prices to import prices.

If prices of exports rise more quickly than prices of imports, the terms of trade improve. If import prices rise more quickly than export prices, the terms of trade deteriorate.
Import prices
Import price of goods.

Imports of goods:
Transactions in goods (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the imports are raw materials, semi-finished products, fuel and fixed assets. Furthermore, imports of goods may be re-exports: goods that were imported before being exported, after having received at most minor adaptations.
Export prices
Export price of goods.

Exports of goods:
Transactions in goods (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the exports of goods are re-exports: goods that were imported before being exported, after having received at most minor adaptations.