Terms of trade in goods, 2021=100
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What does the survey comprise?
Purpose
The survey provides monthly data on terms of trade in goods.
Domain
The survey covers total imports and exports of goods.
Year survey started
The series based on 2021=100 started in January 1995 and was first published on July 15 2024. The discontinued series based on 2015=100 is to be found in the archive.
Frequency
Monthly.
Publication strategy
The figures are published 6 to 7 weeks after the end of the month under review. The figures are available in StatLine, the electronic database of Statistics Netherlands. The monthly figures are consistent with the figures published in the quarterly National Accounts. This means that the monthly figures are provisional until the quarterly National Accounts figures become definite.
How is the survey conducted?
Main sources
Calculations are based on value figures in euros as measured by Statistics Netherlands in its monthly statistics on international trade in goods. First, value changes are calculated, which are subsequently adjusted for price changes at a detailed level of the goods classification used for National Accounts purposes. This results in figures on the volume changes of imports and exports. Changes in export/import prices are calculated by dividing the total value of exports/ imports of goods by the volume of exports/imports of goods. The change in the terms of trade results from dividing prices of exports by prices of imports.
Quality of the results
Comparability
The figures are comparable over time.
Revisions
Terms of trade figures, import prices and export prices may be adjusted once new or updated source information becomes available in the monthly international trade statistics or producer prices. In addition, monthly price changes are adjusted retrospectively to fit those of imports and exports of goods in the quarterly National Accounts and the annual National Accounts. A complete revision of the National Accounts is done once every five years.