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16170
Lower import prices
statistikk
2010-10-15T10:00:00.000Z
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 2010

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Lower import prices

Prices of imported goods fell by 1.1 per cent from the second to the third quarter this year. The imported volume also fell in the same period.

Price indices. 3rd quarter 2007-3rd quarter 2010. 2000=100

Volume indices adjusted for seasonality 3rd quarter 2007-3rd quarter 2010. 2000=100

Ships and oil platforms are excluded in all figures for exports and imports of goods.

The reduced prices of imported goods were mainly caused by lower prices on crude materials, including metalliferous ores and metal scrap. Prices of mineral fuels, lubricants and related materials also declined from the second to the third quarter. Compared to the third quarter 2009 the prices of imported goods fell 0.7 per cent. In this period, prices of chemicals and related products, machinery and transport equipment together with miscellaneous manufactured articles mainly caused the overall decline in import prices.

The volume of imports fell 2.2 per cent from the second to the third quarter. Reduced volume of crude materials together with mineral fuels, lubricants and related materials made up the most important contribution to this decrease.

Higher export prices, lower volume

Prices of Norwegian exports rose by 1.3 per cent from the second to the third quarter. The increase was mainly caused by higher prices of natural gas, chemicals and manufactured goods. Compared to the third quarter of 2009 prices were 9.2 per cent higher in the third quarter this year. During this period there has been an increase in almost all product groups, except for chemicals and related materials together with machinery and transport equipments.

The volume of exports fell 6.3 per cent from the second to the third quarter this year. The volume of exports, excluding oil and natural gas, were 1.5 per cent higher, mainly due to higher exports of food products.

External trade in goods, excl. ships and oil platforms. Indices of price and volume. 3rd quarter 2010
Commodity group1 Commodity SITC Volume Price
3rd quarter 2010 3rd quarter 2009-
3rd quarter 2010.
Change in per cent 		3rd quarter 2010 3rd quarter 2009-
3rd quarter 2010.
Change in per cent
Imports          
Total 0-9  147.1 6.5  106.3 -0.7
Of which          
Food, beverages and tobacco 0-1  142.2 -2.6  125.9 0.5
Crude materials except fuels 2, 4  121.0 -5.2  116.2 13.9
Fuels 3  147.2 18.6  182.5 11.1
Manufactured goods except food, beverages and tobacco 5-9  148.7 8.0  101.3 -3.2
           
Exports          
Total 0-9 92.3 -6.5  151.3 9.2
Of which          
Food, beverages and tobacco 0-1  139.5 16.6  118.8 9.3
Crude materials except fuels 2, 4  118.7 10.0  121.0 15.2
Fuels 3 74.7 -12.8  180.5 12.5
Manufactured goods except food, beverages and tobacco 5-9  135.2 2.6  107.1 2.1
Exports excl. crude oil and natural gas    129.9 1.1  118.4 6.5
1  Groups according to the Standard International Trade Classification (SITC-Rev. 4).