Terms of trade improved

Dutch terms of trade of imported and exported goods improved in December 2011 compared to December 2010. Prices of exported goods were 2.6 percent higher, prices of imported goods rose by 1.9 percent. December is the second month in a row to show improvement.

Higher prices for natural gas and petroleum derivatives contributed most to the increase in export prices. Import prices of these products and import prices for crude oil were also higher than one year previously.

Terms of trade

Terms of trade

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

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