On changes of foreign trade unit value in 2011
In 2011, compared to 2010, the average level of export unit value (UV) grew by 12.2% and the average level of import unit value rose by 6.0%, according to the data of the Central Statistical Bureau of Latvia.
Compared to the 4th quarter of 2010, the unit value in the 4th quarter of 2011 increased by 7.7% for exported goods and by 4.0% for imported goods. In its turn, compared to the previous quarter, UV of exported goods reduced by 0.6%, whereas the UV of imported goods increased by 0.6%.
|Changes of unit values,|
compared to corresponding quarter of previous year
Compared to the previous quarter, the average level of export unit value in the 4th quarter of 2011 was mostly lowered by the decrease in the UV of base metals and articles of base metal, as well as of wood and articles of wood.
The increase in the UV of prepared foodstuffs, of transport vehicles and parts thereof, as well as of textiles and textile articles had the greatest impact on the average level of import unit value in the 4th quarter of 2011, compared to the 3rd quarter.
Changes of unit values by main commodity groups, (%)
Unit value changes in 4th quarter of 2011
4th quarter of 2010
3rd quarter of 2011
Prepared foodstuffs (incl. beverages and tobacco products)
Products of the chemical and allied industries
Plastics and articles thereof
Wood and articles of wood
Textiles and textile articles
Base metals and articles of base metal
Machinery and mechanical appliances; electrical equipment
Miscellaneous manufactured articles
More detailed information can be found in the CSB data base. Press release on changes of unit values of foreign trade in the 1st quarter of 2012 will be published on 25 May 2012.
Prepared by Producer Price Indices Section
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