Import volume index (2015 = 100)

The estimation of import volumes, adjusted to a baseline year of 2015, is derived from a meticulous process that combines various data sources to reflect the dynamics of international trade. Utilizing a robust framework established by UNCTAD, these volume indexes provide a comparative measure by linking the import value indexes to unit value indexes, which themselves hinge on reliable and consistent data reported by international markets. To enhance the accuracy and breadth of data, UNCTAD employs a three-dimensional approach: it incorporates current year's trade values, implements quality controls, and utilizes estimations from previous trade data as weights. Additionally, for countries lacking comprehensive data, the IMF's statistics serve as a supplementary source, ensuring that even in the most challenging contexts, a coherent picture of import trends is maintained for economic analysis and policymaking. Source: