Faroe Islands - Export volume index

Export volume index (2000 = 100)

The latest value for Export volume index (2000 = 100) in Faroe Islands was 159.63 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 169.03 in 2019 and 100.00 in 2000.

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. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year’s trade values as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used.

Source: United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.

See also:

Year Value
2000 100.00
2001 109.31
2002 110.52
2003 120.34
2004 121.56
2005 112.18
2006 105.98
2007 116.74
2008 124.03
2009 114.32
2010 112.91
2011 127.89
2012 121.23
2013 137.18
2014 136.67
2015 132.51
2016 152.94
2017 163.85
2018 148.43
2019 169.03
2020 159.63

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes