Terms of trade deteriorated considerably

Dutch terms of trade of imported and exported goods deteriorated considerably in September compared to September 2010. Prices of exported goods were 5.3 percent higher, prices of imported goods rose by 7.3 percent. September is the third month in a row to show a deterioration in terms of trade relative to one year previously.

Higher prices for natural gas and petroleum derivatives 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