Export and Import Price Indices - 3rd Quarter 2025
Highlights
(Base year: 2023=100)
In order to reflect the changes in the pattern of products exported and imported, a new set of weights has been worked out with year 2023 as base period, the previous one being 2018. Comparative indices from 1st Quarter 2010 to 3rd Quarter 2025 have been worked out to facilitate analysis.
The following indices have been calculated based on the new set of weights:
Export Price Index (EPI)
1. EPI rose by 1.3% from 103.8 in the second quarter of 2025 to 105.2 in the third quarter of 2025, mainly due to increases in the prices of “Food and live animals" (+1.7%) and, “Miscellaneous manufactured articles" (+1.0%).
2. Compared to the corresponding quarter of 2024, the index decreased by 0.6%, mainly due to decreases in the prices of “Food and live animals" (-1.6%) and, “Chemicals and related products, n.e.s" (-10.7%), partly mitigated by increases in the prices of “Miscellaneous manufactured articles" (+1.2%).
Import Price Index (IPI)
3. IPI increased by 1.3% from 96.4 in the second quarter of 2025 to 97.7 in the third quarter of 2025, mainly due to increases in the prices of “Mineral fuels, lubricants and related materials" (+2.4%) and, “Chemicals and related products, n.e.s" (+2.5%).
4. Compared to the corresponding quarter of 2024, the index decreased by 2.0%, mainly due to decreases in the prices of “Mineral fuels, lubricants and related materials" (-8.1%).
Terms of Trade Index
5. The terms of trade index, i.e., the ratio of EPI to IPI, remained unchanged at 107.7 in the third quarter of 2025 when compared to the second quarter of 2025. Compared to a figure of 106.1 in the corresponding quarter of 2024, the terms of trade index increased by 1.6 points (+1.5%).
23 December 2025
