Terms of trade deteriorated

Dutch terms of trade of imported and exported goods deteriorated in July 2012 relative to July 2011. Prices of exported goods were 1.4 percent higher, prices of imported goods rose by 2.1 percent. Terms of trade had also deteriorated in the previous months.

The deterioration of terms of trade was partly caused by the price development for chemical products and food products. Import prices of these products rose more rapidly than export prices.

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.