Volume of goods exports 4 percent higher in January

28/03/2006 12:16

In January the export volume of goods, adjusted for working day effects, was 4 percent higher than in January 2005. Export volume in January 2006 grew at a rate below the average over 2005. With 9 percent, export volume growth in December, on the other hand, was above average. The month-on-month growth rate of exports may vary to some extent.

The volume of imports of goods was 8 percent higher than twelve months previously. The growth rate of import volume, adjusted for working day patterns, was 2 percent higher than the average growth in 2005.

Exports of goods, in terms of values and adjusted for working day effects, was 11 percent up in January. The value of imports of goods was 16 percent higher than twelve months previously. Import and export prices were 7 percent higher than in the same period a year before.

The distinct rise in import and export value of goods was mainly caused by trade in mineral fuels and computers. The mounting oil price is the main reason for the higher import and export value of mineral fuels. The oil price was over 50 percent higher than in January 2005. As the gas price is linked to the oil price, the value of gas exports also increased considerably. Re-export plays a key role in computer trade.

Export of goods (volume)

Export of goods (volume)