Foreign Trade Indices, December 2019

The overall export unit value index decreased by 1.1%
 
As compared with the corresponding month of the preceding year, the overall export unit value index decreased by 1.1% in December. In the same month, compared to December 2018, while the index for food, beverages and tobacco, and fuels increased by 5.4% and 7.4%, respectively, the index for crude materials (except fuels) and manufactured goods (except food, beverages and tobacco) decreased by 2.0% and 2.1%, respectively.
 
The overall export unit value index decreased by 2.0% in Quarter IV 2019, compared to the corresponding quarter of the preceding year. As compared with the year 2018, the index decreased by 4.2% in 2019.
 
The overall export volume index increased by 7.4%
 
The overall export volume index compared to the corresponding month of the preceding year increased by 7.4% in December. Compared with December 2018, while the index for crude materials (except fuels) decreased by 1.0%, the index for food, beverages and tobacco, fuels and manufactured goods (except food, beverages and tobacco) increased by 2.0%, 40.0% and 6.3%, respectively.
 
The overall export volume index increased by 3.9% in Quarter IV 2019, compared to the corresponding quarter of the preceding year. As compared with the year 2018, the index increased by 6.8% in 2019.
 
Export unit value and volume indices, December 2019
[2010=100]


The overall import unit value index decreased by 6.2%
 
As compared with the corresponding month of the preceding year, the overall import unit value index decreased by 6.2% in December. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 6.3%, 17.4%, 6.5% and 6.1%, respectively.
 
The overall import unit value index decreased by 6.7% in Quarter IV 2019, compared to the corresponding quarter of the preceding year. As compared with the year 2018, the index decreased by 4.5% in 2019.

The overall import volume index increased by 22.5%
 
In December, the overall import volume index compared to the corresponding month of the preceding year increased by 22.5%. While the index for fuels decreased by 0.9%, the index for food, beverages and tobacco, crude materials (except fuels) and manufactured goods (except food, beverages and tobacco) increased by 50.3%, 33.1% and 21.9%, respectively.

The overall import volume index increased by 18.9% in Quarter IV 2019, compared to the corresponding quarter of the preceding year. As compared with the year 2018, the index decreased by 4.8% in 2019.
 
 
Import unit value and volume indices, December 2019
[2010=100]


Foreign trade indices, December 2019
[2010=100]


The calendar and seasonally adjusted export volume index increased by 0.6%
 
The calendar and seasonally adjusted export volume index which was 167.6 in November 2019, increased by 0.6%, to 168.6 in December 2019. The calendar adjusted export volume index which was 157.6 in December 2018, increased by 7.4%, to 169.4 in December 2019.
 
The calendar and seasonally adjusted import volume index increased by 1.0%
 
The calendar and seasonally adjusted import volume index which was 131.6 in November 2019, increased by 1.0%, to 133.0 in December 2019. The calendar adjusted import volume index which was 118.1 in December 2018, increased by 19.8%, to 141.4 in December 2019.
 
Calendar and seasonally adjusted foreign trade volume indices, December 2019
[2010=100]


Terms of trade was 105.7 in December 2019
 
Terms of trade is calculated by dividing the export unit value index by the import unit value index, then multiplying the result by 100. While terms of trade was 100.3 in December 2018, it increased by 5.4 points to 105.7 in December 2019.
 
Terms of trade increased by 5.1 points to 104.7 in Quarter IV 2019, compared to the corresponding quarter of the preceding year. Terms of trade increased by 0.3 points to 102.6 in 2019, compared to the preceding year.
 
Terms of trade, December 2019
[2010=100]