Terms of trade deteriorated

Dutch terms of trade of imported and exported goods deteriorated in September 2009. Prices of imported and exported goods were respectively 9.5 and 11.1 percent down on one year previously.

The decline in import prices in September was partly caused by a slump in petroleum, petroleum derivatives and chemical products prices compared with one year previously. The drop in export prices was mainly the result of lower prices for petroleum derivatives, natural gas, chemical products and basic metal products.

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

Terms of trade

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