Terms of trade deteriorate again

Dutch terms of trade of imported and exported goods deteriorated in November 2012 compared to November 2011. Prices of exported goods were 1.4 percent higher, prices of imported goods rose by 2.4 percent. November is the tenth month in a row, in which terms of trade deteriorated relative to one year previously. The deterioration was more substantial than in October.

Higher prices for food products and petroleum derivatives contributed most to the increase in export prices. Import prices of these products and import prices of chemical products and 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

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