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Compiling and Using Export and Import Price Indices

Author

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  • Mr. Kimberly D. Zieschang
  • Mr. Jemma Dridi

Abstract

Export and import price indices are essential for assessing the impact of international trade on the domestic economy. Among their most important uses are analyzing developments in the trade balance, measuring foreign prices' contribution to domestic inflation, and deflating nominal values of exports and imports for estimating the volume of gross domestic product. This paper discusses the main uses of trade indices and the data sources used to compile them. It also presents various approaches used to compile foreign trade price indices, addresses various problems encountered in developing these indices, and provides some recommendations on how to address them.

Suggested Citation

  • Mr. Kimberly D. Zieschang & Mr. Jemma Dridi, 2002. "Compiling and Using Export and Import Price Indices," IMF Working Papers 2002/230, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2002/230
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    Cited by:

    1. Loening, Josef L. & Durevall, Dick & Ayalew Birru, Yohannes, 2009. "Inflation Dynamics and Food Prices in an Agricultural Economy: The Case of Ethiopia," Working Papers in Economics 347, University of Gothenburg, Department of Economics.
    2. Durevall, Dick & Loening, Josef L. & Ayalew Birru, Yohannes, 2013. "Inflation dynamics and food prices in Ethiopia," Journal of Development Economics, Elsevier, vol. 104(C), pages 89-106.

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