Monthly Bulletin July 2009 - Banque de France

7.5 Trade in goods
1. Values and volumes by product group 1)
(seasonally adjusted, unless otherwise indicated)
Total (n.s.a.) Exports (f.o.b.) Imports (c.i.f.)
Total Memo: Total Memo:
Exports Imports Intermediate Capital Consumption Manufactures Intermediate Capital Consumption Manufactures Oil
1 2 3 4 5 6 7 8 9 10 11 12 13
Values (EUR billions; annual percentage changes for columns 1 and 2)
2007 11.4 8.9 1,507.4 738.9 326.3 401.3 1,282.6 1,491.3 914.0 234.4 323.2 1,021.0 227.5
2008 3.8 7.4 1,563.0 769.1 333.8 409.7 1,308.0 1,592.9 1,011.3 228.7 327.5 1,023.6 288.1
2008 Q2 8.5 11.2 398.3 197.5 84.2 104.8 331.4 405.3 258.9 56.2 82.0 257.9 75.9
Q3 5.6 12.5 399.2 198.6 84.2 102.8 331.5 411.4 269.2 58.3 82.3 260.4 85.5
Q4 -4.9 -2.4 367.1 175.9 81.0 95.2 305.6 373.6 228.9 55.9 80.5 242.1 55.2
2009 Q1 -21.2 -20.8 311.0 148.5 65.6 85.2 260.5 320.7 182.0 48.9 77.8 214.8 35.5
2008 Nov. -11.6 -5.3 119.9 57.4 25.9 31.1 99.1 124.0 75.8 19.0 26.7 80.7 17.4
Dec. -3.6 -5.8 117.6 54.9 27.0 30.6 98.4 118.0 69.7 18.2 26.4 77.7 14.6
2009 Jan. -24.8 -22.6 103.3 48.3 21.2 28.8 86.0 108.6 62.5 16.1 26.0 72.8 11.8
Feb. -23.6 -21.6 103.1 49.5 22.4 28.2 85.9 105.7 60.1 16.4 25.7 70.0 11.2
Mar. -15.4 -18.3 104.6 50.7 22.1 28.3 88.6 106.4 59.4 16.3 26.1 71.9 12.5
Apr. -26.8 -27.6 103.2 . . . 86.6 103.5 . . . 67.6 .
Volume indices (2000 = 100; annual percentage changes for columns 1 and 2)
2007 8.9 7.3 144.8 141.8 153.2 144.8 142.1 129.3 123.4 143.5 141.9 134.8 107.7
2008 1.6 -0.4 146.9 142.4 156.3 146.3 143.5 128.1 121.6 141.3 141.1 133.6 106.4
2008 Q2 7.1 2.3 150.6 147.2 159.0 150.3 147.0 130.9 123.7 141.7 144.7 137.6 102.4
Q3 2.7 1.3 148.6 144.8 157.9 146.1 145.0 127.0 121.2 146.2 141.6 135.3 106.5
Q4 -7.5 -5.6 136.9 128.9 149.5 135.9 131.8 122.1 114.7 133.8 135.0 122.6 106.6
2009 Q1 -21.3 -14.8 118.0 112.2 120.3 123.5 112.6 113.7 105.5 116.3 129.6 110.1 99.1
2008 Nov. -14.1 -8.7 134.0 125.9 143.4 133.3 128.1 120.7 113.0 136.2 133.2 121.6 101.7
Dec. -5.9 -4.7 131.7 121.5 147.7 131.1 126.5 119.5 112.0 126.9 132.1 117.0 109.7
2009 Jan. -24.8 -16.8 117.9 109.2 116.5 126.8 111.8 115.8 108.8 115.9 129.7 111.9 102.0
Feb. -23.6 -15.7 116.8 111.6 123.0 121.1 110.8 112.5 104.6 117.7 128.2 107.9 94.3
Mar. -15.4 -11.8 119.4 115.9 121.5 122.5 115.2 112.9 103.2 115.4 130.7 110.5 101.1
Apr. . . . . . . . . . . . . .
2. Prices 2)
(annual percentage changes, unless otherwise indicated)
Industrial producer export prices (f.o.b.) 3)
Industrial import prices (c.i.f.)
Total Total Memo: Total Total Memo:
(index Manufac- (index Manufac-
2005 = 100) Intermediate Capital Consumer Energy turing 2005 = 100) Intermediate Capital Consumer Energy turing
goods goods goods goods goods goods
% of total 100.0 100.0 32.2 46.3 17.7 3.8 99.4 100.0 100.0 28.4 27.9 22.1 21.6 81.1
1 2 3 4 5 6 7 8 9 10 11 12 13 14
2007 101.9 0.5 2.7 -0.5 0.9 2.6 0.5 105.9 0.1 2.3 -3.5 0.5 1.6 -0.3
2008 103.5 1.6 1.5 -0.4 2.4 25.3 1.5 112.7 6.5 0.2 -3.4 2.4 28.2 0.8
2008 Q3 105.0 2.9 2.5 -0.4 2.3 45.7 2.7 117.6 10.5 1.5 -3.5 2.3 42.8 1.9
Q4 102.7 0.8 2.6 1.3 2.8 -15.9 0.6 106.9 -1.7 0.9 -1.5 3.8 -8.5 0.1
2009 Q1 101.4 -1.1 -1.0 1.4 1.5 -31.8 -1.2 101.4 -8.5 -4.0 -0.3 2.7 -28.1 -2.4
2008 Dec. 101.0 -0.9 1.4 1.0 2.1 -34.1 -1.0 102.0 -6.6 -0.8 -1.5 3.0 -24.3 -1.6
2009 Jan. 101.5 -0.7 0.0 1.2 1.4 -29.4 -0.8 101.4 -7.8 -2.9 -1.1 2.5 -26.3 -2.1
Feb. 101.5 -1.0 -1.1 1.4 1.6 -30.9 -1.1 101.7 -8.4 -4.2 -0.1 2.8 -27.9 -2.4
Mar. 101.1 -1.6 -1.9 1.5 1.4 -34.6 -1.7 101.1 -9.2 -5.0 0.3 2.7 -30.0 -2.9
Apr. 101.0 -1.9 -2.7 1.8 1.3 -35.7 -1.9 . . . . . . .
May 102.2 -1.6 . 1.6 . . -1.5 . . . . . . .
Source: Eurostat.
1) Product groups according to the classification by Broad Economic Categories. Unlike the product groups shown in Table 2, intermediate and consumption product groups include
agricultural and energy products.
2) Product groups according to the classification of Main Industrial Groupings. Unlike the product groups shown in Table 1, intermediate and consumer goods do not include
energy products, and agricultural goods are not covered. Manufacturing has a different composition compared with the data shown in columns 7 and 12 of Table 1. Data shown
are price indices which follow the pure price change for a basket of products and are not simple ratios of the value and volume data shown in Table 1, which are affected
by changes in the composition and quality of traded goods. These indices differ from the GDP deflators for imports and exports (shown in Table 3 in Section 5.1) mainly
because the latter include all goods and services and cover cross-border trade within the euro area.
3) Industrial producer export prices refer to direct transactions between domestic producers and non-domestic customers. Contrary to the data shown for values and volumes in
Table 1, exports from wholesalers and re-exports are not covered.
S 70 ECB
Monthly Bulletin
July 2009