Slight deterioration terms of trade

In July 2009, Dutch terms of trade of imported and exported goods deteriorated marginally relative to July 2008. Prices of imported and exported goods were 11.5 and 11.9 percent down respectively on one year previously. In June, terms of trade improved somewhat.

The decrease in import prices in July was partly caused by a slump in prices of petroleum and petroleum derivatives compared with one year previously. The drop in export prices was mainly the result of lower prices for petroleum derivatives and natural gas.

More information on terms of trade can be found in the article Changes in the terms of trade in goods.

The figures published in this update have been adjusted from those published on 11 September 2009. The revision is based on new and more detailed information.

Changes in terms of trade

Changes in terms of trade

More figures can be found on the theme page International trade.