Press Release 27/09/2019

FOREIGN TRADE UNIT VALUE INDICES - IVU. II/2019

Share facebook Share twitter Share email pdf Product list

Export prices decreased by 0.5% in the second quarter of 2019 compared with the previous quarter

Prices of imports were up by 2.2%

During the second quarter of 2019 the prices of exports posted a decrease of 0.5% compared to the first quarter of 2019, according to Eustat data. In comparison with the same quarter of the previous year, the increase is 2.1%.

Import prices rose by 2.2% compared with the previous quarter, and by 4.0% compared with the second quarter of 2018.

Within exports, it was the prices of energy products that increased the most, both in relation to the previous quarter and in year-on-year terms. Energy export prices rose by 3.8% compared with the first quarter of 2019, whilst non-energy export prices were down by 0.9%. Compared with the same quarter of the previous year, prices for energy exports rose by 6.4% and non-energy exports by 1.7%.

The price index for imports of energy products grew by 11.2% in its year-on-year rate, and that of non-energy products fell by 0.7%. In year-on-year terms, energy products saw price rises of 10.9%, and non-energy products saw prices increase by 1.7%.

graf0016775_01_i.png

Following the classification of exports by economic destination and compared to the previous quarter, we see that the prices of all goods types experienced a moderate decrease, especially those of Consumer Goods (-0.9%). In year-on-year terms, in contrast, the opposite situation occurred, prices of all goods types increased, and Intermediate Goods saw the sharpest rise (2.4%).

Analysing imports, it can be observed that the prices of Consumer Goods fell in both quarter-on-quarter (-2.5%) and year-on-year (-3.1%) terms. However, the opposite occurred in the case of Intermediate Goods, with price rises of 2.8% and 4.4%, respectively. The prices of Capital Goods saw positive and negative variations, negative in the quarter-on-quarter comparison (-0.5%), but positive with respect to the previous year (6.8%).

If the geographic areas to which exports are sent are taken into account, it can be seen that prices in relation to the first quarter of 2019 fell in all areas: Euro Zone (-0.7%), EU-28 (-0.6%), OECD (-0.4%) and the Rest of the World (-1.3%). Compared to the same quarter of the previous year, there were increases in prices for almost all the economic areas, above all the Rest of the World (6.2%). In the Eurozone, however, there was a drop of 0.2%.

For imports, there were year-on-year increases in all areas, in particular the Rest of the World (4.9%) and the quarter-on-quarter comparison showed diverse performance, with once again a clear increase for the Rest of the World (5.2%).

graf0016775_02_i.png

For further information:

Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.es Tel: 945 01 75 62

Inglés
Product data
Product data

Export prices decreased by 0.5% in the second quarter of 2019 compared with the previous quarter

Operation : 
Foreign trade unit value indices-IVU
Código operación : 
182532
Frequency : 
Trimestral
Timeframe : 
II/2019
Last updated : 
09/27/2019
Next update : 
12/30/2019
Type of operation : 
Otras
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0016775_i.html
Body responsible : 

Other statistical products

Your feedback.  Help us to make our web better

How would you rate the information on the site?
Very useful
Useful
Barely useful
Not useful at all
Would you like to make a suggestion?
Yes, I would
Send