All posts for International Merchandise Trade Index

INTERNATIONAL MERCHANDISE TRADE INDEXES [PRICES] – Annual 2023

INTERNATIONAL MERCHANDISE TRADE INDEXES [PRICES] – Annual 2023

The Terms of Trade [TOT] is a ratio of two price indexes: one for exports and the other for imports. A rise in the index means that Fiji can buy more imports from the same amount of exports. The Terms of Trade [TOT] for the June Quarter 2023 stood at 110.8. Compared...