Table 075 : Merchandise Trade Index Numbers - Terms of Trade (Year 2016 = 100) | Census and Statistics Department

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Year	Month	Index	Year-on-year % change
2015		100.0	+0.5
2016		100.0	0.0
2017		99.9	-0.1
2016	Dec	100.0	-0.4
2017	Jan	101.1	+0.4
	Feb	100.0	0.0
	Mar	99.7	-0.1
	Apr	100.2	0.0
	May	99.9	-0.4
	Jun	100.4	-0.3
	Jul	99.2	+0.2
	Aug	99.2	-0.3
	Sep	99.6	-0.1
	Oct	99.9	0.0
	Nov	100.2	-0.1
	Dec	100.0	0.0
2018	Jan	100.8	-0.3
2018	Feb	100.2	+0.2

Notes :	'0.0'	denotes increase or decrease of less than 0.05%.
	Hong Kong's external merchandise trade statistics are compiled based on information contained in import/export declarations. The Hong Kong Special Administrative Region is a separate customs territory, as stated in "The Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China". Import/export declaration is also required of Hong Kong's merchandise trade with the mainland of China, and statistics relating to this are included in Hong Kong's external merchandise trade statistics.
	The terms of trade index is derived from the ratio of the unit value index for total exports (i.e. domestic exports and re-exports) to that of imports.
	The reference year for the trade indices has been revised from 2015 to 2016.
Source :	Trade Analysis Section (1), Census and Statistics Department (Enquiry telephone no. : 2582 4005 Enquiry e-mail : trade@censtatd.gov.hk)

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