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/en/utenriksokonomi/statistikker/uhvp/arkiv
16186
Export volume down
statistikk
2008-10-15T10:00:00.000Z
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, Q3 2008

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Export volume down

Norwegian merchandise exports fell by 7.8 per cent from the second to the third quarter. Particularly lower exports of oil, natural gas, fish and chemical products contributed to the reduction.

Ships and oil platforms are excluded in all figures for exports and imports of goods.

The export value of natural gas has been revised upwards for the first two quarters of the year, due to price adjustments. For further details, see release of statistics for external trade in goods .

Price indices. 3rd quarter 2005-3rd quarter 2008. 2000=100

Volume indices adjusted for seasonality 3rd quarter 2005-3rd quarter 2008. 2000=100

The fall in export volume from the second to the third quarter was mainly caused by lower exports of crude oil, natural gas, fish and chemical products. Compared with the third quarter of 2007, export volume decreased with a 2.4 per cent fall.

The import volume was reduced by 4.6 per cent from the second to the third quarter, while it was 6.9 per cent higher in the third quarter this year when compared to the third quarter of 2007.

Higher export prices, despite halt in oil prices

Export prices of merchandise, except ships and oil platforms increased by 1.9 per cent from the second to the third quarter this year.

Following a long period of rising prices, the increase in oil prices was only 0.2 per cent between these quarters. Also the increase in the price of natural gas was modest, with 0.1 per cent.

Compared with the third quarter of 2007, the over all merchandise export prices were 27.9 per cent higher in the third quarter this year, mostly due to the increase in oil and gas prices. Also chemical products contributed to raise export prices, with a price growth of 19.1 per cent from the third quarter of last year.

Import prices increased by 2.2 per cent from the previous quarter. Among the most important import goods with higher prices were metals and manufactures of metals. Import prices of machinery and transportation equipment did not change from the second to the third quarter. From the third quarter of 2007 to the third quarter this year, import prices over all increased by 4.9 per cent.

External trade in commodities excl. ships and oil platforms. Indices of price and volume.
3rd quarter 2008
Commodity group1 Commodity SITC Volume Price
3rd quarter 2008 3rd quarter
2007 and 2008.
Change in per cent 		3rd quarter 2008 3rd quarter
2007 and 2008.
Change in per cent
Imports          
Total 0-9  158.8 6.9  108.6 4.9
Of which          
Food, beverages and tobacco 0-1  142.1 4.6  117.5 5.5
Crude materials except fuels 2  142.0 10.8  132.0 -4.1
Fuels 3  100.0 7.8  243.1 45.4
Manufactured goods except food, beverages and tobacco 5-9  165.5 6.7  101.4 3.9
           
Exports          
Total 0-9 98.1 -2.4  179.8 27.9
Of which          
Food, beverages and tobacco 0-1  105.4 5.1  102.5 3.5
Crude materials except fuels 2  108.6 2.5  117.3 8.0
Fuels 3 82.8 -7.7  230.0 42.6
Manufactured goods except food, beverages and tobacco 5-9  143.2 8.4  113.1 3.1
Exports excl. crude oil and natural gas    134.3 5.6  127.0 12.3
1  Groups according to the Standard International Trade Classification (SITC-Rev. 4).