Unit-values are 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 formulae. Finally, the unit-value indices are chained back to the reference year (2015 = 100) and used to approximate the import and export price movements.
Unit-values are 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 formulae. Finally, the unit-value indices are chained back to the reference year (2015 = 100) and used to approximate the import and export price movements.
The International trade balance indicator is the difference between exports and imports of goods. Exports of goods record flows from an EA/EU Member State to a non-EA/EU country while imports record inwards flows. Exports are expressed in value terms and measured free on board (FOB), while imports are expressed in value terms and measured "cost, insurance, freight" (CIF ). "Goods" means all movable property including electric current. Data are expressed in million euros. Data are presented in the calendar and seasonally adjusted form.
The International trade balance indicator is the difference between exports and imports of goods. Exports of goods record flows from an EA/EU Member State to a non-EA/EU country while imports record inwards flows. Exports are expressed in value terms and measured free on board (FOB), while imports are expressed in value terms and measured "cost, insurance, freight" (CIF ). "Goods" means all movable property including electric current. Data are expressed in million euros. Data are presented in the calendar and seasonally adjusted form.