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16226
Higher import volume
statistikk
2003-10-15T10:00:00.000Z
External economy;External economy
en
uhvp, External trade in goods, indices of volume and price, import, export, price trends, volume development, product groups (for example food, raw materials, fuel), areas of application (for example energy goods, building materials, consumables)Balance of payments, External trade , External economy
false

External trade in goods, indices of volume and price, Q3 2003

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Higher import volume

The import volume of traditional goods increased by 3.2 per cent in the third quarter of 2003 compared with the corresponding quarter last year. Imports of crude materials increased the most. Export prices increased for the first time since the first quarter of 2001.

Figures adjusted for seasonality show higher import volume of traditional goods as well. From the second quarter to the third quarter of 2003 the import volume increased by 1.2 per cent. Compared with the increase of 0.3 per cent in the second quarter of 2003 this is a somewhat stronger increase.

Seasonal adjusted volume indices. 2nd quarter 1997-3rd quarter 2003. 1998=100

Price indices. 2nd quarter 1997-3rd quarter 2003. 1998=100

Export prices for goods excluding ships and oil platforms increased by 2.0 per cent from the third quarter of 2002 to the third quarter of 2003. Higher prices of crude materials, 5.7 per cent, such as metalliferous ores and cork and wood, as well as higher prices of fuels, 3.7 per cent, like oil, gas and electric current, compensated for the downward trend in food products, down 9.6 per cent.

Compared with the corresponding quarter in 2002 the export volume index of goods excluding ships and oil platforms decreased by 2.9 per cent. This is mainly due to lower exports of fuels, down 4.7 per cent, like petroleum and petroleum products and electric current. From the second quarter of 2003 seasonally adjusted figures decreased as well. The export volume is still low despite the increase of 3.6 per cent in the previous quarter. The export volume decreased by 2.7 per cent in the third quarter. Exports of petroleum and petroleum products have decreased by 7.5 per cent, medical and pharmaceutical products by 15.6 per cent and non-ferous metals by 7.5 per cent.

External trade in commodities excl. ships and oil platforms. Indices of price and volume. 3rd quarter 2003
Commodity group1 Commodity SITC Volume Price
3rd quarter 2003 3rd quarter 2002 and 2003.
Change in per cent 		3rd quarter 2003 3rd quarter 2002 and 2003.
Change in per cent
Imports          
Total 0-9  207.8 3.2 94.8 2.2
Of which          
Food, beverages and tobacco 0-1  181.6 3.9  125.1 4.4
Crude materials except fuels 2  235.4 17.2 74.4 6.4
Fuels 3 96.1 2.1  192.7 10.7
Manufactured goods except food, beverages and tobacco 5-9  214.8 2.0 91.9 1.2
           
Exports          
Total 0-9  224.4 -2.9  140.0 2.0
Of which          
Food, beverages and tobacco 0-1  254.8 0.9 83.6 -9.6
Crude materials except fuels 2  113.2 -0.8  111.2 5.7
Fuels 3  252.7 -4.7  204.8 3.7
Manufactured goods except food, beverages and tobacco 5-9  211.7 -0.1 91.1 1.0
Exports excl. crude oil and natural gas    208.9 -1.5 99.2 1.3
1  Groups according to the Standard International Trade Classification (SITC-Rev. 3).

Higher import and export prices

As in the second quarter of 2003 import prices for traditional goods showed an increase in the third quarter. The increase of 2.3 per cent compared with the previous quarter is higher. Prices are up for food stuffs such as meat, up 7.9 per cent, dairy products and eggs, up 4.9 per cent as well as fish, up 7.3 per cent.

Compared with the rather strong decrease in the previous quarter of 9.4 per cent for export prices of goods excluding ships and oil platforms, this quarter export prices increased by 5.6 per cent. From the second quarter of 2003 prices were higher for dairy products and eggs, up 5.8 per cent, beverages and tobacco, up 4.7 per cent as well as petroleum and petroleum products, up 12.7 per cent.