8
Asia and stronger biodiesel demand in Europe and Asia. Similarly, when compared to the same quarter in 2024, the index increased by 2.8 percent.
Chapter 17: Sugars and sugar confectionery This chapter contributes 1.6 percent of the total weight of the imported commodities. During the third quarter of 2025, the price index decreased by 3.2 percent to 111.6 from 115.3 recorded in the second quarter of 2025. The performance was largely attributed to the decrease in prices of sugar in the world market, associated with ample supplies from key producers, such as Brazil and India. Likewise, when compared to the corresponding quarter of 2024, the index decreased by 8.1 percent.
Chapter 27: Mineral fuels, oils and product of their distillation
During the third quarter of 2025, the import price index for “Mineral fuels, oils, and product of
their distillation ,” which contributes 23.8 percent to the total weight of the imported
commodities, increased by 1.1 percent to 70.4 from 69.7 recorded in the previous quarter.
Price gains were driven by geopolitical tensions in the Middle East and modest demand
recovery from emerging markets, offsetting earlier surpluses. Similarly, when compared to the
same quarter last year, the index decreased by 12.1 percent.
Chapter 30: Pharmaceutical products The index for "Pharmaceutical products ," which carries a weight of 5.3 percent, decreased slightly by 0.5 percent in the third quarter of 2025, falling from 113.3 in the previous quarter to 112.8. Compared with the corresponding quarter of 2024, the index also registered a modest decline of 1.1 percent.
Chapter 31: Fertilisers The "Fertilisers" index, accounting for 2.4 percent of the total weight, increased by 2.3 percent in the third quarter of 2025, reaching 96.4 from 94.3 recorded in the previous quarter. The increase reflects seasonal agricultural demand ahead of the planti ng period, inventory restocking, and expected higher global fertiliser prices that prompted earlier bulk purchases. On a year‑to‑year basis, the index registered a notable increase of 12.1 percent compared with the corresponding quarter of 2024.
9
Chapter 38: Miscellaneous chemical products The index for “Miscellaneous chemical products ,” which accounts for 3.3 percent of the total weight, declined by 1.2 percent in the third quarter of 2025, falling to 84.4 from 85.4 in the previous quarter. This movement reflects weakened demand from key manufacturing sectors following higher importation at the beginning of the year. When compared to the corresponding quarter last year, the index registered a decrease of 5.0 percent.
Chapter 39: Plastics and articles thereof
The index for “Plastic and articles thereof ,” which contributes 7.1 percent to the total weight
of imported commodities, declined slightly by 0.5 percent in the third quarter to 85.6 from 86.1
recorded in the previous quarter. In comparison with the same quarter in 2024, the index
decreased by 2.6 percent.
Chapter 40: Rubber and articles thereof This chapter contributes 2.5 percent to the total weight of imported commodities. During the third quarter of 2025, the index increased marginally by 0.9 percent to 109.3 from 108.3 recorded in the second quarter of 2025. However, when compared to the same quarter in the preceding year, the index increased by 2.2 percent.
Chapter 63: Other made-up Textile Articles; Sets; worn Clothing etc In the third quarter of 2025, the index for “Other made-up Textile Articles; set, worn clothing etc.,” which contributes 1.9 percent to the total weight of imported commodities, decreased by 1.5 percent to 112.4 from 114.1 recorded in the preceding quarter. The performance was associated with weak global demand and consumer spending on apparel. Likewise, when compared to the same quarter of 2024, the index decreased by 1.2 percent. Chapter 72: Iron and steel During the third quarter of 2025, the index for “Iron and steel,” which accounts for 7.0 percent of the total weight, decreased by 1.1 percent to 110.2 from 115.5 recorded in the second quarter of 2025. The performance was driven by the decrease in prices of steel due to weak demand from major importers, especially China. Similarly, when compared to the same quarter last year, the index decreased slightly by 0.2 percent.
10
Chapter 73: Articles of iron and steel This chapter contributes 4.4 percent of the total weight. In the third quarter of 2025, the index for “Articles of iron and steel” slightly decreased by 0.4 percent to 109.8 from 110.2 recorded in the preceding quarter. However, when compared to the corresponding quarter of 2024, the index increased by 0.6 percent.
Chapter 84: Nuclear reactors, boilers, machinery and mechanical appliance and parts This chapter accounts for 13.6 percent of the total weight of imported commodities. During the third quarter of 2025, the index increased marginally by 0.6 percent to 120.4 from 119.7 recorded in the previous quarter. Similarly, when compared to the corres ponding quarter in 2024, the index increased by 1.3 percent.
Chapter 85: Electrical machinery equipment and parts thereof
The index for “Electrical machinery equipment and parts thereof ,” accounting for 8.3 percent
of the total weight, decreased by 1.6 percent to 105.6 during the third quarter, compared to
the 107.2 recorded in the second quarter of 2025. The decline was mainly due to moderating
global prices or softer demand in certain sub -segments of electrical equipment during mid -
2025. However, when compared to the corresponding quarter of 2024, the index registered
an increase of 2.1 percent.
Chapter 87: Vehicles other than railway/transport ways roll-stock
The index for “Vehicles other than railway/transport ways roll-stock,” which accounts for 10.8
percent of total weight , increased by 1.0 percent to 120.2 in the third quarter of 2025 from
119.0 recorded in the previous quarter. The increase was due to a shift in import composition
toward higher-value vehicles (e.g., larger -engine SUVs, trucks ) combined with rising global
freight and logistics costs that pushed up CIF values. Likewise, when compared to the same
quarter in the previous year, the index increased by 4.4 percent.
Chapter 90: Optical, photographic, cinematographic, measuring, checking, precision, etc. This chapter accounts for 2.1 percent of the total weight. In the third quarter of 2025, the index slightly increased by 1.4 percent , reaching 109.5 compared to 108.0 recorded in the previous quarter. The performance was mainly associated with the strong global demand in precision optical and measuring equipment. Additionally, when compared to the corresponding quarter in 2024, the index recorded an increase of 1.7 percent.
11
Terms of Trade
The Terms of Trade Index is the ratio of the Export Price Index to the Import Price Index. The
Export Price Index was mainly influenced by the prices of gold and cotton, while the Import
Price Index was driven by the prices of cereals and sugar confectionery. Overall, in the third
quarter of 2025, the Terms of Trade remained favorable, increasing by 0.7 percentage points
to 114.7 from 114.0 recorded in the second quarter of 2025 ( Table 3). This implies that for
every unit of goods exported, the country can obtain more units of imports.
Table 3: Quarterly Terms of Trade (Q1 2023 = 100)
Q1=January-March, Q2=April-June, Q3=July-September, Q4=October-December XPI = Export Price Index MPI = Import Price Index ToT = Terms of Trade
Contact person: Statistician General National Bureau of Statistics