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The export prices are still decreasing
statistikk
2002-07-15T10:00:00.000Z
External economy;External economy
en
uhvp, External trade in goods, indices of volume and price, import, export, price trends, volume development, product groups (for example food, raw materials, fuel), areas of application (for example energy goods, building materials, consumables)Balance of payments, External trade , External economy
false

External trade in goods, indices of volume and price, Q2 2002

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The export prices are still decreasing

The export price index of traditional goods shows that prices are still decreasing. The decrease amounts to 10 per cent compared with the corresponding quarter last year. Import prices as well are still falling.

The price level of exports of traditional goods is lower for all the main groups, in particular for food,

-10.9 per cent, and mineral fuels, crude materials and manufactured goods, -17,2 per cent. This is mainly due to lower prices of fish, -6 per cent, natural gas, -10.5 per cent and electric current, -39.8 per cent.

Lower import prices

Compared with the corresponding quarter in 2001 the price level of imports of traditional goods has decreased by 8 per cent. Both export and import prices are lower for all main groups. However, the decrease is mainly due to lower prices on crude materials, -15.5 per cent, especially paper, paperboard and articles of paper pulp as well as metalliferous ores and metal scrap. Prices of mineral oils and mineral products are also lower, -17 per cent.

External trade in commodities excl. ships and oil platforms. Indices of price and volume. 2nd quarter 2002
Commodity group1 Commodity SITC Volume Price
2nd quarter 2002 2nd quarter 2001 and 2002. Change in per cent 2nd quarter 2002 2nd quarter 2001 and 2002. Change in per cent
Imports          
Total 0-9  211.3 2.9 94.3 -8.0
Of which:          
Food. beverages and tobacco 0-1  183.1 3.3  122.4 -0.9
Crude materials except fuels 2  239.9 1.8 76.7 -15.5
Fuels 3  104.8    172.5 -20.2
Manufactured goods except food. beverages and tobacco 5-9  217.8 2.4 91.8 -9.5
           
Exports          
Total 0-9  244.6 9.3  143.2 -14.3
Of which:          
Food. beverages and tobacco 0-1  249.0 2.4 94.9 -10.9
Crude materials except fuels 2  118.9 -2.9  109.3 -8.5
Fuels 3  279.3 13.0  208.4 -17.2
Manufactured goods except food. beverages and tobacco 5-9  230.2 4.4 92.2 -9.7
Exports excl. crude oil and natural gas    222.7 4.4  100.7 -10.9
1  Groups according to the Standard International Trade Classification (SITC-Rev. 3).

The index of import price for traditional goods shows a decrease of 1.4 percent compared with the corresponding quarter of 2001. This is related to lower prices of fish, -12.9 per cent, fruit and vegetables, - 4.5 per cent as well as beverages and tobacco, - 10.1 per cent.

Lower imports and export volumes

Despite a moderate increase in the volume indices for imports of traditional goods of 4.6 per cent compared with the first quarter of 2002, the figures adjusted for seasonality show lower imports, -4.4 per cent. Lower imports of electric current, fish, office machines, telecommunications, clothes and footwear explain much of this decrease.

Compared with the first quarter in 2002 the export volume index for traditional goods has decreased by 0.3 per cent. Much of this decrease can be related to lower exports of fish as well as machines like office machines, automatic data processing machines and telecommunications.

The import volume index for traditional goods has increased by 2.8 per cent compared with the corresponding quarter of 2001. Higher imports of foods like meat, 22.3 per cent, and fish, 20.5 per cent, as well as beverages and tobacco explain much of this decrease.

Exports: Higher volumes of fuels

The level of the export volume for traditional goods shows an increase of 4.4 per cent compared with the second quarter of 2001. This increase is mainly due to higher exports of fuels, 13 per cent, especially natural gas and electric current. Seasonally adjusted figures for export volume of goods excluding ships and oil platforms show an increase of 3.2 per cent compared with the first quarter in 2002.

More information: mona.vibeke.moe@ssb.no , tel. (+47) 21 09 44 15.