The index of unit values for imports fell by 1.6% and that for exports increased by 0.5% in the 3rd quarter of 2024, according to the High Commission for Planning (HCP).
The drop in import prices mainly results from the decrease in unit values of energy and lubricants by 13.1%, finished industrial equipment products by 4%, food, beverages and tobacco by 4. 5% and raw products of animal and plant origin 7.3%.
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In an information note relating to foreign trade indices (ICE), the HCP specifies that this drop is attenuated by the increase in semi-finished products (+7.4%), finished consumer products (+3.3% ), raw products of mineral origin (+0.8%) and finished agricultural equipment products (2.3%).
Concerning the increase in the export unit value index, it is mainly explained by the increase in semi-finished products of 7.2% and energy and lubricants of 3.3%.
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On the other hand, this index fell in food, drinks and tobacco (-4.8%), raw products of mineral origin (-12.5%), finished industrial equipment products (-2.2 %), finished consumer products (-0.5%), raw products of animal and plant origin (-11.2%) and finished agricultural equipment products (-11%).