On changes of unit value of foreign trade in the 3rd quarter of 2010

26.11.2010

Compared to the corresponding quarter of 2009, the unit value (UV) in the 3rd quarter of 2010 increased by 13.0 % for exported goods and by 12.7 % 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 2.2 %, and of imported goods - by 1.6 %.

Unit values changes compared to corresponding quarter of previous year 1

1 Import unit value indices for the 1st and 2nd quarter of 2010 have been revised.

Compared to the previous quarter, the average level of export unit value in the 3rd quarter of 2010 was mostly promoted by the UV growth of wood and articles of wood, of base metals and articles of base metal, of plastics and articles thereof, as well as of prepared foodstuffs.

Compared to the 2nd quarter, the UV increase of transport vehicles, of textiles and textile articles, as well as of mineral products had the greatest impact on the average level of import unit value in the 3rd quarter of 2010.

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

 

Unit value changes in 3rd quarter of 2010
compared to

3rd quarter of 2009

2nd quarter of 2010

exports

imports

exports

imports

Total

13.0

12.7

2.2

1.6

Prepared foodstuffs (incl. beverages and tobacco products)

1.8

0.2

2.4

1.1

Mineral products

16.4

15.8

-2.8

1.6

Products of the chemical and allied industries

42.5

5.9

-4.2

-2.6

Plastics and articles thereof

11.3

11.5

6.9

0.2

Wood and articles of wood

23.0

5.9

7.7

5.3

Textiles and textile articles

4.7

12.7

0.6

8.8

Base metals and articles of base metal

26.6

11.9

2.3

0.8

Machinery and mechanical appliances; electrical equipment

9.1

5.6

0.3

-1.1

Transport vehicles

-2.1

38.0

0.0

7.2

Miscellaneous manufactured articles

1.1

12.8

2.6

-3.6

More detailed information can be found in the CSB data base. Import unit value indices for the 1st and 2nd quarter of 2010 have been revised. Press release on changes of unit value of foreign trade in 2010 will be published on 25 February 2010.

 

Prepared by Producer Price Indices Section
Tatjana Ballode
Tel. 67366813