Trade unit value indices, by reporting country

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Dataset information

Catalog

Eurostat

Country of origin

EU institutions

Updated

2023.03.20 00:00

Created

Available languages

English

Keywords

Datasource

Official portal for European data link

Quality scoring

185

Dataset description

Monthly raw data are processed at the most detailed level in order to calculate elementary unit-values defined by trade value/quantity. These unit-values are divided by the average unit-value of the previous year to obtain elementary unit-value indices, from which outliers are detected and removed. Elementary unit-value indices are then aggregated over countries and commodities, by using the Laspeyres, Paasche and Fisher formulae. Finally, the Fisher unit-value indices are chained back to the reference year (2015 = 100) and are used to approximate the import and export price movements.

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