On changes of unit value of foreign trade in the 1st quarter of 2010

31.05.2010

Compared to the corresponding quarter of 2009, the unit value (UV) in the 1st quarter of 2010 decreased by 0.2 % for exported goods and by 2.4 % for imported goods, according to the data of the Central Statistical Bureau of Latvia. In its turn, compared to the previous quarter, unit value of exported goods increased by 2.9 %, and of imported goods - by 3.0 %.

Changes of the unit values compared to the corresponding quarter of the previous year
 

Compared to the previous quarter, the average level of export unit value in the 1st quarter of 2010 was mostly increased by the UV rise of products of the chemical and allied industries, of base metals and articles of base metals, of machinery and mechanical appliances; electrical equipment, of wood and articles of wood, as well as of mineral products.

The UV increase of machinery and mechanical appliances; electrical equipment, of miscellaneous manufactured articles, as well as of plastics and articles thereof had the greatest impact on the average level of import unit value in the 1st quarter of 2010, compared to the previous quarter.

Changes of unit values by main commodity groups, (%)

 

Unit value changes in 1st quarter of 2010
compared to

1st quarter of 2009

4th quarter of 2009

exports

imports

exports

imports

Total

-0.2

-2.4

2.9

3.0

Prepared foodstuffs (incl. alcoholic beverages and tobacco products)

-1.3

-1.3

-0.3

-2.2

Mineral products

22.0

-7.9

13.6

-4.7

Products of the chemical and allied industries

27.4

4.1

18.3

1.8

Plastics and articles thereof

2.1

4.1

11.0

8.6

Wood and wood products

-2.2

-13.0

3.4

-5.1

Textiles and textile articles

-5.1

-0.8

-1.4

3.4

Base metals and articles of base metals

-1.1

-7.6

5.8

-1.5

Machinery and mechanical appliances; electrical equipment

3.1

-0.6

5.1

8.1

Transport vehicles

-1.7

-5.3

-2.5

0.2

Miscellaneous manufactured articles

-14.0

9.5

6.5

16.2


More detailed information can be found in the CSB data base. Press release on changes of unit value of foreign trade in the 2nd quarter of 2010 will be published on 25 August 2010.

 

Prepared by Price Statistics Department
Producer Price Indices Section
Tatjana Ballode
Tel. 67366813