Overview
- The Commerce Ministry and DGCI&S replaced the 2012–13 base with 2022–23 to reflect shifts in trade structure, with the indices used by MOSPI for GDP deflation and by the RBI for external‑sector assessment.
- Commodity baskets and weights have been recalibrated using FY23 trade values, with refined selection of a common commodity basket and clearer treatment of missing unit values.
- The revised series will publish monthly, quarterly and annual export and import unit value indices, alongside principal‑commodity, SITC and broad economic category breakdowns.
- New outputs include bilateral and region‑wise indices for the top 20 trading partners plus gross, net and income terms‑of‑trade measures.
- Provisional FY2025–26 readings for April–November show export unit values at 100.33 in Q1 and 101.23 in Q2, import unit values at 94.08 and 101.93, and quantity indices at 101.91 and 105.57 for exports and 125.17 and 124.32 for imports.