Export and Import Price Indices - 2^nd Quarter 2025

Highlights

Export Price Index (EPI)

1.      EPI rose by 1.5% from 164.5 in the first quarter of 2025 to 166.9 in the second quarter of 2025, mainly due to increases in the prices of “Food and live animals" (+2.3%) and, “Miscellaneous manufactured articles" (+0.9%). 

2.      Compared to price levels in the corresponding quarter of 2024, the index increased by 1.6%, mainly due to increases in the prices of “Miscellaneous manufactured articles" (+2.9%) and, “Food and live animals" (+0.5%).
 

Import Price Index (IPI)

3.      IPI decreased by 2.8% from 160.5 in the first quarter of 2025 to 156.0 in the second quarter of 2025, mainly due to decreases in the prices of “Mineral fuels, lubricants and related materials" (-6.9%), partly mitigated by increases in the prices of “Chemicals and related products, n.e.s" (+3.3%). 

4.      Compared to the corresponding quarter of 2024, the index decreased by 6.3%, mainly due to decreases in the prices of “Mineral fuels, lubricants and related materials" (-14.5%).

Terms of Trade Index

5.      The terms of trade index, i.e., the ratio of EPI to IPI, increased by 4.5 points (+4.4%) from 102.5 in the first quarter of 2025 to 107.0 in the second quarter of 2025. Compared to 98.7 in the corresponding quarter of 2024, the terms of trade index increased by 8.3 points (+8.4%).

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