Merchandise Trade Indices Latest News
Directorate General of Commercial Intelligence and Statistics revised base year of Merchandise Trade Indices to FY 2022–23 to reflect current trade structure and global patterns.
About Merchandise Trade Indices
- It is compiled and published by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Ministry of Commerce & Industry.
- Purpose: It measures changes in the unit values (prices) of India’s exports and imports over time.
- Base Year: It was revised from FY 2012–13 to FY 2022–23.
- The revised series includes
- Monthly, Quarterly and Annual Indices (Export Unit Value Index,Import Unit Value Index).
- Principal Commodity (PC) Classification wise Trade Indices (Export/Import).
- Standard International Trade Classification-wise (SITC) Trade Indices.
- Broad economic categories-wise (BEC) Trade Indices.
- Bilateral and Region-wise Trade Indices of Top 20 Export and Import partner nations of India.
- Terms of Trade (Gross terms of trade, Net terms of trade and Income terms of trade).
- Significance: These indices serve as important indicators of external sector price movements and are widely used for economic analysis, including national accounts compilation and assessment of terms of trade.
Source: PIB
Last updated on August, 2026
→ UPSC Mains 2026 will be conducted on 21st, 22nd, 23rd, 29th and 30th August 2026.
→ Check out the latest UPSC Syllabus 2026 here.
→ UPSC Mains Admit Card 2026 is now out.
→ Enroll in Vajiram & Ravi’s UPSC Mains Test Series 2027 for structured answer writing practice, expert evaluation, and exam-oriented feedback.
→ Join Vajiram & Ravi’s UPSC Mentorship Program 2027 for personalized guidance, strategy planning, and one-to-one support from experienced mentors.
→ Go through the UPSC Mains Previous Year Papers to enhance your preparation.
→ Download UPSC Mains Essay Paper 2025, UPSC Mains GS Paper-I 2025, UPSC Mains GS Paper-II 2025, UPSC Mains GS Paper-III 2025, UPSC Mains GS Paper-IV 2025, UPSC Mains English (Compulsory) Paper 2025, UPSC Mains Hindi (Qualifying) Paper 2025 here.
→ UPSC has released UPSC Toppers List 2025 with the Civil Services final result on its official website.
→ UPSC Calendar 2027 has been released.
→ Also check Best UPSC Coaching in India
Merchandise Trade Indices FAQs
Q1. What is the primary purpose of Merchandise Trade Indices?+
Q2. Which organization compiles and publishes Merchandise Trade Indices in India?+
Tags: merchandise trade indices prelims pointers upsc current affairs upsc prelims current affairs
