Press Release 27/06/2025
FOREIGN TRADE UNIT VALUE INDEX - IVU. I/2025
In the first quarter of 2025, prices of exports rose by 0.5% in the Basque Country compared to the previous quarter
Prices of imports were up 0.7%
During the first quarter of 2025 the prices of exports posted 0.5% growth compared with the previous quarter, according to Eustat data. In comparison with the same quarter of 2024, there was an increase in prices of 1.3%.
Imports maintain a growth pattern, with prices rising by 0.7% compared to the third quarter of 2024 and 0.5% in year-on-year terms.
Prices for "energy" exports fell by 2.3% in relation to the previous quarter, and prices for "non-energy" exports were up 0.6%. Compared to the same quarter of the previous year, prices of "energy" products fell by 4.4% and those of "non-energy" products rose by 1.5%.
In the case of imports, the price index for "energy" products fell in year-on-year terms (4.4%) and but was up on the previous quarter (4.5%). "Non-energy" products, however, registered a rise of 2.5% in year-on-year terms and fell 1.2% in the quarter-on-quarter comparison.
Unit value index of Foreing Trade for the Basque Country by economic destination (%). 2025/I
| |
EXPORTS |
IMPORTS |
| |
t/t-1 |
t/t-4 |
t/t-1 |
t/t-4 |
| General index |
0.5 |
1.3 |
0.7 |
0.5 |
| |
| Energetic products |
-2.3 |
-4.4 |
4.5 |
-4.4 |
| Non energetic products |
0.6 |
1.5 |
-1.2 |
2.5 |
| Consumer goods |
3.6 |
3.8 |
-2.7 |
0.9 |
| Capital goods |
-2.5 |
0.3 |
-5.2 |
-0.9 |
| Intermediate goods |
0.5 |
0.7 |
1.7 |
0.6 |
(t / t-1) Variation rate of the last quarter observed with regards to the immediately preceding quarter
(t / t-4) Year-on-year variation rate of the last quarter observed with regards to the same quarter of the previous year
Date March 27, 2025
Source: Eustat. Foreign trade unit value indices
As regards the classification of goods by economic destination, compared to the fourth quarter of 2024, prices of exports posted a drop for Capital Goods (-2.5%) and an increase for Consumer Goods (3.6%) and Intermediate Goods (0.5%). The trend was positive compared to the previous year for Capital Goods (0,3%), Intermediate Goods (0.7%) and Consumer Goods (3.8%).
Focusing on imports, there was a drop on the previous quarter for Consumer Goods (-2.7%) and for Capital Goods (-5.2%), while Intermediate Goods rose by 1.7%. In the year-on-year comparison, prices rose for Consumer Goods (0.9%) and Intermediate Goods (0.6%), but fell for Capital Goods (-0.9%).
Taking into account the economic areas where exports were sent, compared to the fourth quarter of 2024, there was an upward trend in prices for the OCDE (0.5%) and the Rest of the World (0.4%), while the opposite was the case for the EU (-0.1%) and the Euro Zone (-0.7%).
There was a widespread growth in prices in relation to the same quarter of the previous year, most notably in the EU (2.1%) and the Euro Zone (1.8%).
Unit value index of Foreing Trade for the Basque Country by economical area (%). 2025/I
| |
EXPORTS |
IMPORTS |
| |
t/t-1 |
t/t-4 |
t/t-1 |
t/t-4 |
| General index |
0.5 |
1.3 |
0.7 |
0.5 |
| |
| Euro zone |
-0.7 |
1.8 |
0.9 |
1.6 |
| EU-28 |
-0.1 |
2.1 |
1.5 |
3.2 |
| OECD |
0.5 |
1.5 |
0.6 |
2.2 |
| Rest of the world |
0.4 |
0.3 |
1.3 |
-3.1 |
(t / t-1) Variation rate of the last quarter observed with regards to the immediately preceding quarter
(t / t-4) Year-on-year variation rate of the last quarter observed with regards to the same quarter of the previous year
Date March 27, 2025
Source: Eustat. Foreign trade unit value indices
For imports, prices rose in all the economic areas and comparative time frames, except in the Rest of the World, which posted a drop of 3.1% compared to the same quarter of the previous year.
For further information:
Eustat - Euskal Estatistika Erakundea/Basque Statistics Institute
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: servicioprensa@eustat.eus Tel.: 945 01 75 62