Export volume index (2015 = 100)

This indicator represents a comprehensive measure of export volume dynamics, calculated by analyzing the relationship between export value indexes and corresponding unit value indexes. By leveraging a robust dataset drawn from countries that meet stringent UNCTAD quality standards, along with supplementary estimates that use prior year trade values, it ensures accuracy and consistency. To enhance data completeness, especially in more recent periods, UNCTAD constructs average price indexes based on three-digit product classifications from various reputable sources, including international commodity statistics. For economies lacking direct data, it intelligently incorporates export volume figures from the IMF's International Financial Statistics, creating a holistic insight into global trade patterns and allowing for nuanced analysis of economic performance across different nations and sectors. Source: