The High Commission for Planning (HCP), indicated that during the past year, the foreign trade indices (ICE) have been on the rise compared to 2020.
In a note relating to the foreign trade indices in Q4-2021, the HCP specifies that “the foreign trade unit value indices will have recorded, in 2021 compared to 2020, an increase of 11.5% for imports and 12. 8% for exports”.
In the 4th quarter of 2021, the import unit value index increased by 22.2% compared to the same period a year earlier following the increase in unit values of “energy and lubricants” by 80 .4%, “semi-finished products” by 18.0%, “food, beverages and tobacco” by 30.1%, “finished consumer products” by 10.5%, “raw ‘mineral origin’ by 45.4% and ‘raw products of animal and vegetable origin’ by 30.2%.
With regard to the export unit value index, it recorded an increase of 23.7% during the fourth quarter of 2021 compared to the corresponding quarter of the previous year, notes the HCP attributing this increase, mainly , the rise in the unit values of “semi-finished products” by 81.7%, “finished consumer products” by 12.3%, “raw products of mineral origin” by 39.8%, raw materials of animal and plant origin” by 16.7% and “energy and lubricants” by 49.9%.
The indices of the average values of “finished products of industrial equipment” and “finished products of agricultural equipment” fell by 2.5% and 6.5% respectively, thus mitigating the rise in the index. overall export unit values.