On changes of unit value of foreign trade in the 2nd quarter of 2010

25.08.2010

Compared to the corresponding period of 2009, the unit value (UV) in the 2nd quarter of 2010 increased by 8.3 % for exported goods and by 4.2 % 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 4.2 %, and of imported goods - by 2.4 %.

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 2nd quarter of 2010 was mostly increased by the UV rise of base metals and articles of base metals, of wood and articles of wood, of products of the chemical and allied industries, of machinery and mechanical appliances, of mineral products, as well as of vegetation products.

The UV increase of machinery and mechanical appliances, of products of the chemical and allied industries, of electrical equipment, of miscellaneous manufactured articles, as well as of basic metals and articles of basic metals had the greatest impact on the average level of import unit value in the 2nd quarter of 2010, if compared to the 1st quarter.

Changes of unit value in the main commodity groups, (%)

 

Unit value changes in 2nd quarter of 2010
compared to

2nd quarter of 2009

1st quarter of 2010

export

import

export

import

Total

8.3

4.2

4.2

2.4

Prepared foodstuffs (incl. alcoholic beverages and tobacco products)

-1.9

1.4

-4.9

0.7

Mineral products

25.7

-4.0

11.5

1.5

Products of the chemical and allied industries

34.5

10.3

7.3

4.4

Plastics and articles thereof

2.5

10.2

-4.7

1.0

Wood and wood products

13.7

-8.3

5.1

5.1

Textiles and textile articles

1.2

5.7

0.5

-1.7

Base metals and articles of base metals

21.4

-1.0

13.6

3.0

Machinery and mechanical appliances; electrical equipment

6.8

5.0

3.7

5.2

Transport vehicles

-1.5

13.7

0.9

1.9

Miscellaneous manufactured articles

-11.5

5.7

-3.4

9.9

More detailed information can be found in the CSB data base. Press release on changes of unit value of foreign trade in the 3rd quarter of 2010 will be published on 26 November 2010.

 

Prepared by Producer Price Indices Section
Tatjana Ballode
Tel. 67366813