The export market share is calculated by dividing the exports of the country by the total exports of the region/world (expressed as percentage in the database). The indicator measures the degree of importance of a country within the total exports of the region/world. For the calculation at current prices, the market share refers to the world trade (world export market share). Data on the values of exports of goods and services are compiled as part of the Balance of Payments of each country. The indicator is calculated as 1 years % change. A country might lose shares of export market not only if exports decline but most importantly if its exports do not grow at the same rate of world exports and its relative position at the global level deteriorates. Source of total world data used as denominator: International Monetary Fund (IMF).
The export market share is calculated by dividing the exports of the country by the total exports of the region/world (expressed as percentage in the database). The indicator measures the degree of importance of a country within the total exports of the region/world. For the calculation at current prices, the market share refers to the world trade (world export market share). Data on the values of exports of goods and services are compiled as part of the Balance of Payments of each country. The indicator is calculated as % of world total. Source of total world data used as denominator: International Monetary Fund (IMF).
The indicator is calculated by subtracting the world exports volume growth rate from the country exports volume growth rate. Eurostat's National accounts volumes for exports (as for all transactions concerning goods and services) are estimated in previous year prices to eliminate the influence of inflation. The volume growth rate is always calculated by comparing the year Y volume in previous year prices with the year Y-1 figure in current prices. The MIP indicator is expressed as percentage change comparing year Y with year Y-1. Data sources: Eurostat, online data code: nama_10_gdp (country's exports of goods and services) and IMF, World Economic Outlook (WEO) – world exports of goods and services.
The export market share is calculated by dividing the exports of the country by the total exports of the region/world. The indicator measures the degree of importance of a country within the total exports of the region/world. For the calculation at current prices, the market share refers to the world trade (world export market share). Data on the values of exports of goods and services are compiled as part of the Balance of Payments of each country. To capture the structural losses in competitiveness that can accumulate over longer time periods, the indicator is calculated as 3 years % change - comparing year Y with year Y-3. A country might lose shares of export market not only if exports decline but most importantly if its exports do not grow at the same rate of world exports and its relative position at the global level deteriorates. The MIP auxiliary indicator is the percentage change of export market shares (of goods and services) over three years. The formula is: [[(EXPc,t/EXPworld,t)-(EXPc,t-3/EXPworld,t-3)]/(EXPc,t-3/EXPworld,t-3)]*100 Source of total world data used as denominator: International Monetary Fund (IMF).
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).
A country’s terms of trade measures a country's export prices in relation to its import prices. The terms of trade are a measure of a country's trade competitiveness since they indicate how much imports an economy can get for a unit of export goods and services. They are calculated as the ratio of the price index for exports of goods and services to the price index for imports of goods and services. These are obtained by dividing current prices by chain-linked volumes using the standard reference year 2015. The indicator refers to the percentage change over 5 years, i.e. data are expressed as percentage change comparing year Y with the year Y–5.
The table shows shares of exports of high technology products as a share of total exports of the country (from 2007, SITC Rev. 4).