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199112
Decrease in both export volume and prices
statistikk
2015-07-15T10:00:00.000Z
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
The volume and price indices for import and export of goods. The volume of Norwegian exports rose by 1.9 per cent from the second to the third quarter.

External trade in goods, indices of volume and price, Q2 2015

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Decrease in both export volume and prices

Norwegian export volume fell from the first to the second quarter of 2015, mainly due to lower export of natural gas. The import volume increased during the same period.

Indices of volume and price for external trade in goods, excl. ships and oil platforms. Change in per cent from previous quarter1Published 15 July 2015
Volume indexPrice index
ExportsImportsExportsImports
1Groups according to the Standard International Trade Classification (SITC-Rev. 4).
2nd quarter 2015 / 1st quarter 2015
Goods excl. ships and oil platforms-6.82.7-1.4-1.8
Exports excl. crude oil and natural gas-2.8.-0.6.
Food, beverages and tobacco0.65.7-4.4-2.1
Crude materials except fuels-3.35.7-4.7-2.3
Fuels-10.623.5-1.00.1
Manufactured goods except food, beverages and tobacco0.60.7-3.0-1.6

Source: Statistics Norway

A 7 per cent drop in the export volume was mainly caused by lower exports of natural gas as well as petroleum products. Exports except crude oil and natural gas fell by 2.8 per cent during the same period.

From the first to the second quarter of 2015, export prices fell by 1.4 per cent. This was the sixth consecutive quarter with lower prices. The price reduction from last quarter was mainly caused by a price reduction within the product group ‘mineral fuels, lubricants and related materials’.

Higher import volume

From the first to the second quarter of 2015, the total import volume increased by 2.7 per cent, mainly due to higher import of machinery and transport equipment.

Import prices fell by 1.8 per cent from the first to the second quarter of 2015.