Studia i Prace WNEiZ US

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Studia i Prace WNEiZ

ISSN: 2450-7733     eISSN: 2300-4096    OAI    DOI: 10.18276/sip.2017.49/2-02
CC BY-SA   Open Access 

Issue archive / nr 49/2 2017
Wpływ cen eksportowych na wartość i dynamikę handlu międzynarodowego w latach 2008–2015
(Impact Of Export Prices On Value And Dynamics Of International Trade in 2008–2015)

Authors: Tomasz Białowąs
Uniwersytet Marii Curie-Skłodowskiej w Lublinie
Keywords: international trade economic crisis export prices
Data publikacji całości:2017
Page range:12 (23-34)
Klasyfikacja JEL: F40 F62 G01
Cited-by (Crossref) ?:


The aim of the paper is to evaluate how export prices’ fluctuations affected value and dynamics of international trade flows in 2008–2015. The author points to the main factors of trade breakdown in 2009 and slowdown in 2012–2015. The analysis reveals a significant impact of a decrease in export prices on trade value, as in volume terms it has been growing at a similar rate as world GDP, whereas in value terms the growth rate was much lower. The factor of the greatest impact was deflation of energy resource prices, but the declining prices on industrial goods also played a significant role.
Download file

Article file


1.AIECE (2015). World Trade and Commodity Prices in 2015–2016.
2.Bems, R., Johnson, R.C., Yi, K-M. (2011). Vertical Linkages and the Collapse of Global Trade. American Economic Review: Papers & Proceedings, 101 (3), 308–312.
3.Constantinescu, C., Matto, A., Ruta, M. (2015). The Global Trade Slowdown: Cyclical or Structural? IMF Working Paper, No. 15/06, 1–43.
4.Freund, C. (2016). The Global Trade Slowdown and Secular Stagnation. Pobrano z:
5.IMF (2016a). World Economic Outlook Database. Pobrano z:
6.IMF (2016b). World Economic Outlook: Subdued Demand – Symptoms and Remedies.
7.Summers, L. (2016). The Age of Secular Stagnation. What It Is and What to Do About It. Foreign Affairs. Pobrano z:
8.UNCTAD (2015). Key Statistics and Trends in International Trade 2015. The Trade Slowdown.
9.UNCTAD (2017). UNCTADStat. Pobrano z:
10.WTO (2008). World Trade Report 2008.
11.WTO (2009). World Trade Report 2009.
12.WTO (2016). World Trade Statistical Review 2016.
13.WTO (2017a). Latest Quarterly Trade Trends. Pobrano z:
14.WTO (2017b). Quarterly World Merchandise Export Developments since 2005. Pobrano z:
15.WTO (2017c). Short-term Merchandise Trade Statistics. Pobrano z:
16.WTO (2017d). Statistics Database. Pobrano z: