On changes of unit value of foreign trade in 2010

25.02.2011

In 2010, compared to 2009, the average level of export unit value (UV) grew by 8.3% and the average level of import unit value rose by 7.3%, according to the data of the Central Statistical Bureau of Latvia.

Compared to the corresponding period of 2009, the unit value in the 4th quarter of 2010 increased by 12.7 % for exported goods and by 12.0 % for imported goods. In its turn, compared to the previous quarter, UV of exported goods and of imported goods increased by 2.7 % and by 1.5 %, respectively.

Unit values changes compared to corresponding quarter of previous year

Compared to the previous quarter, the average level of export unit value in the 4th quarter of 2010 was mostly promoted by the UV growth of base metals and articles of base metal, of textiles and textile articles, as well as of mineral products.

The UV increase of machinery and mechanical appliances; electrical equipment, of products of the chemical and allied industries, as well as of mineral products had the greatest impact on the average level of import unit value in the 4th quarter of 2010, compared to the 3rd quarter.

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

 

Unit value changes in 4th quarter of 2010
compared to

4th quarter of 2009

3rd quarter of 2010

exports

imports

exports

imports

Total

12.7

12.0

2.7

1.5

Prepared foodstuffs (incl. beverages and tobacco products)

-1.5

-0.8

1.4

1.7

Mineral products

31.3

15.5

6.6

1.5

Products of the chemical and allied industries

21.2

6.4

-0.3

2.5

Plastics and articles thereof

16.0

13.6

2.5

2.6

Wood and articles of wood

17.1

10.1

0.1

3.7

Textiles and textile articles

5.4

15.0

5.7

3.3

Base metals and articles of base metal

29.6

12.8

5.4

0.9

Machinery and mechanical appliances; electrical equipment

8.3

13.5

-1.0

2.6

Transport vehicles

-0.8

10.4

0.7

-2.1

Miscellaneous manufactured articles

12.3

20.9

6.4

-1.9

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 2011 will be published on 31 May 2011.

 

Prepared by Producer Price Indices Section
Tatjana Ballode
Tel. 67366813