Terms of trade deteriorated again

12/12/2012 09:30

Dutch terms of trade of imported and exported goods deteriorated in October 2012 compared to October 2011. Prices of exported goods were 2.2 percent higher, prices of imported goods rose by 2.9 percent. October is the ninth month in a row, in which terms of trade deteriorated relative to one year previously. The deterioration was more substantial than in September.

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

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

For more information on economic indicators, see the Economic Monitor.