Unit value and volume indices of international trade in goods

Description of statistics

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Compiler: Finnish Customs

Included in Official Statistics of Finland

Description

Indices for international trade in goods describe the development of import and export prices as well as import and export volume.

Content

The content of the statistics consists of monthly data on index point figures, percentage change and 12-month moving average for export and import prices and for volume of exports and imports. The indices are published separately for total index, the EU countries and external trade.

Data collecting and sources

The indices for international trade in goods are calculated with data from international trade in goods statistics. The data on Finland’s trade with other EU countries is collected from statistical declarations submitted by companies, using the Intrastat system of internal trade. Information on the goods trade between Finland and external countries is obtained from customs declarations which must be provided for all import and export consignments. The data on both internal and external trade are combined when compiling the Finnish international trade statistics.

Applied classifications

Unit value and volume indices of international trade in goods are calculated and published using the CPA2015 classification (Classification of Products by Activity). The preliminary indices are published with the classification CPA at 1-level and the detailed indices with the classification CPA at 1-3 –levels.

Update frequency

Both preliminary and detailed indices are compiled monthly.

Completion or publication schedule

Preliminary monthly unit value and volume indices of international trade are published at the latest 38 days after the end of the statistical reference month. The detailed indices are published at the latest 60 days after the end of the statistical reference month The exact schedule of publication is defined for about a year onwards during autumn the previous year.

Time series

The unit value and volume indices of international trade are available under the current classifications from 2020. Of the previous CPA2008 and CPA2002 some headings were chained backwards up to the year 2002.

Finnish Customs has produced international trade in goods indices ever since 1919. Older international trade indices series are available as archived paper copies.