Definition: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. … For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used.
What is export volume?
Export volume refers to the total quantity of goods being exported. Export value refers to the total price value of the total goods being exported.
What is import volume?
World export (import) volumes are constructed by aggregating measures of the volume of exports (imports) of individual countries on a constant price basis.
How are exports calculated?
Net exports are a measure of a nation's total trade. The formula for net exports is a simple one: The value of a nation's total export goods and services minus the value of all the goods and services it imports equal its net exports.
What is export value Index?
Definition: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies.
How are imports calculated?
Imports are the goods and services that are purchased from the rest of the world by a country's residents, rather than buying domestically produced items….GDP = C + I + G + X – M
- C = Consumer expenditure.
- I = Investment expenditure.
- G = Government expenditure.
- X = Total exports.
- M = Total imports.
What is difference between export and import?
Exports refers to selling goods and services produced in the home country to other markets. Imports are derived from the conceptual meaning, as to bringing in the goods and services into the port of a country. An import in the receiving country is an export to the sending country.
What is export value?
The value of goods exported to a foreign country by residents according to international trade statistics.