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Unit value Indices of external trade (Unit value indices and physical volume indices for exported and imported goods)

Unit value Indices of external trade characterize the changes in value of exports and imports based on the changes of prices, while the volumes are the same. The calculation of unit value indices is based on the data obtained from custom declarations for total exports and imports, and separately for every good, group of goods. The goods selected for the calculations (representative goods) include all homogenous commodities codified according to the Nomenclature of goods, at the 9 digit level, with the information available on quantity and cost, for the reporting and for the base period. The base period for the calculation of unit value indices is considered the previous year.