Terms of trade deteriorated

Dutch terms of trade of imported and exported goods deteriorated in August compared to August 2010. Prices of exported goods were 4.2 percent higher, prices of imported goods rose by 5.2 percent. August is the second month in a row, in which terms of trade deteriorated compared to one year previously.

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

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.