Terms of trade in goods, index 2021=100
| Periods | Index figures Terms of trade (2021=100) | Index figures Import prices (2021=100) | Index figures Export prices (2021=100) | Year-on-year change Terms of trade (%) | Year-on-year change Import prices (%) | Year-on-year change Export prices (%) |
|---|---|---|---|---|---|---|
| 2021 | 100.0 | 100.0 | 100.0 | -1.2 | 12.8 | 11.4 |
| 2022* | 95.9 | 129.1 | 123.9 | -4.1 | 29.1 | 23.9 |
| 2023 September* | 95.8 | 124.7 | 119.5 | 3.0 | -8.2 | -5.4 |
| 2023 3d quarter* | 99.7 | 119.0 | 118.7 | 5.4 | -11.1 | -6.2 |
| 2023 October* | 101.8 | 119.7 | 121.8 | 5.0 | -13.0 | -8.6 |
| 2023 November* | 100.1 | 119.5 | 119.6 | 3.2 | -10.2 | -7.4 |
| 2023 December* | 100.7 | 118.2 | 119.0 | 5.0 | -9.1 | -4.6 |
| 2023 4th quarter* | 100.9 | 119.2 | 120.2 | 4.4 | -10.8 | -6.9 |
| 2023* | 99.3 | 120.8 | 120.0 | 3.5 | -6.4 | -3.1 |
| 2024 January* | 104.3 | 112.2 | 117.0 | 4.8 | -9.4 | -5.1 |
| 2024 February* | 102.3 | 115.5 | 118.1 | 5.1 | -7.1 | -2.4 |
| 2024 March* | 104.1 | 113.7 | 118.3 | 4.5 | -6.1 | -1.9 |
| 2024 1st quarter* | 103.5 | 113.8 | 117.8 | 4.8 | -7.5 | -3.1 |
| 2024 April* | 102.6 | 116.6 | 119.7 | 2.2 | -3.1 | -1.0 |
| 2024 May* | 102.5 | 118.1 | 121.0 | 3.3 | -3.2 | 0.0 |
| 2024 June* | 95.3 | 122.6 | 116.9 | 0.8 | -1.0 | -0.2 |
| 2024 2nd quarter* | 100.1 | 119.1 | 119.2 | 2.1 | -2.5 | -0.4 |
| 2024 July* | 103.6 | 116.2 | 120.4 | 0.7 | 1.2 | 1.9 |
| 2024 August* | 102.7 | 115.7 | 118.7 | 2.1 | -1.7 | 0.4 |
| 2024 September* | 96.8 | 121.1 | 117.3 | 1.1 | -2.9 | -1.8 |
| 2024 3d quarter* | 101.0 | 117.7 | 118.8 | 1.3 | -1.1 | 0.1 |
| Source: CBS. | ||||||
Table explanation
Statistics Netherlands collects monthly data on imports and exports of goods. This table comprises index figures and changes in terms of percentage of terms of trade, import price and export price of goods. Imports and exports are defined by change in economic ownership of the goods concerned. The indices are based on 2021=100. The changes in terms of percentage are compared with the same period twelve months previously.
Data available from: 1995 January
Status of the figures:
Data from 1995 up to and including 2021 are final. Data of 2022, 2023 and 2024 are provisional.
Changes as of November 14th 2024:
Data of September and the third quarter of 2024 have been added. Data from July and August 2024 have been adjusted.
Statistics Netherlands has carried out a revision of the national accounts. The Dutch national accounts are recently revised. New statistical sources, methods and concepts are implemented in the national accounts, in order to align the picture of the Dutch economy with all underlying source data and international guidelines for the compilation of the national accounts. This table contains revised data. For further information see section 3.
Terms of trade figures, import prices and export prices may be adjusted once new or updated source information becomes available in the monthly international trade statistics or producer prices. In addition, monthly price changes are adjusted retrospectively to fit those of imports and exports of goods in the quarterly National Accounts and the annual National Accounts. A complete revision of the National Accounts is done once every five years.
When will new figures be published?
Six to seven weeks after the end of the month under review.
Data available from: 1995 January
Status of the figures:
Data from 1995 up to and including 2021 are final. Data of 2022, 2023 and 2024 are provisional.
Changes as of November 14th 2024:
Data of September and the third quarter of 2024 have been added. Data from July and August 2024 have been adjusted.
Statistics Netherlands has carried out a revision of the national accounts. The Dutch national accounts are recently revised. New statistical sources, methods and concepts are implemented in the national accounts, in order to align the picture of the Dutch economy with all underlying source data and international guidelines for the compilation of the national accounts. This table contains revised data. For further information see section 3.
Terms of trade figures, import prices and export prices may be adjusted once new or updated source information becomes available in the monthly international trade statistics or producer prices. In addition, monthly price changes are adjusted retrospectively to fit those of imports and exports of goods in the quarterly National Accounts and the annual National Accounts. A complete revision of the National Accounts is done once every five years.
When will new figures be published?
Six to seven weeks after the end of the month under review.
Description topics
- Index figures
- Index figures, base year 2021=100.
An index compares the value of a variable in a certain period with the value of the same variable in the base period. The index of this base period is 100.- Terms of trade
- The terms of trade in goods reflect the ratio of export prices to import prices.
If prices of exports rise more quickly than prices of imports, the terms of trade improve. If import prices rise more quickly than export prices, the terms of trade deteriorate.
- Import prices
- Import price of goods.
Imports of goods:
Transactions in goods (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the imports are raw materials, semi-finished products, fuel and fixed assets. Furthermore, imports of goods may be re-exports: goods that were imported before being exported, after having received at most minor adaptations.
- Export prices
- Export price of goods.
Exports of goods:
Transactions in goods (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the exports of goods are re-exports: goods that were imported before being exported, after having received at most minor adaptations.
- Year-on-year change
- Change compared to the same period in the previous year.
Change indicates the growth rate with respect to the same period of the previous year as a percentage. Statistics Netherlands calculates this on the basis of non-rounded figures.- Terms of trade
- The terms of trade in goods reflect the ratio of export prices to import prices.
If prices of exports rise more quickly than prices of imports, the terms of trade improve. If import prices rise more quickly than export prices, the terms of trade deteriorate.
- Import prices
- Import price of goods.
Imports of goods:
Transactions in goods (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the imports are raw materials, semi-finished products, fuel and fixed assets. Furthermore, imports of goods may be re-exports: goods that were imported before being exported, after having received at most minor adaptations.
- Export prices
- Export price of goods.
Exports of goods:
Transactions in goods (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the exports of goods are re-exports: goods that were imported before being exported, after having received at most minor adaptations.