Reflects the importance of the Intra-EU trade in the total trade (as a percentage) for the individual countries, separately for imports and exports of goods.
Development of the volume indices is presented using 2021 as reference year. Volume indices are adjusted for working days and seasonal variations.
Development of the unit value indices is presented using 2021 as reference year. Unit-values are basically the ratios between the trade value of the goods and the related goods quantity. These unit-values are divided by the average unit-value of the previous year to obtain elementary unit-value indices. The unit-value indices are chained back to the reference year (2015 = 100). The terms of trade are defined as the ratio between the index of export prices and the index of import prices.
Total trade of the individual EU countries. Imports are expressed in terms of value and measured as cif (cost, insurance, freight). Exports are expressed in terms of value and measured as fob (free on board). Trade balance = exports - imports
The trade balance is calculated as the difference between exports and imports of goods classified under SITC section 3, “Mineral fuels, lubricants and related materials”, with respect to its corresponding “rest of the world”:
The indicator is expressed as percentage of GDP (according to ESA 2010 transmission programme).