Import unit value index (2015 = 100)

The index of import unit values reflects a comprehensive measure of the average prices for goods entering various countries, with a baseline set to 2015. Derived from the UNCTAD trade database, this index is grounded in a meticulous aggregation of data reported by nations adhering to UNCTAD’s stringent quality standards. To enhance data integrity, UNCTAD complements reported values with estimates from the previous year's trade, applying weights aligned with the Standard International Trade Classification at a three-digit level. Furthermore, to ensure robust coverage—particularly for recent periods—UNCTAD synthesizes data from its Commodity Price Statistics, along with contributions from both international and national organizations, thus providing a nuanced view of price trends and shifts in global trade dynamics. Source: