Real Exports and Real Imports: Methodology and Tips for Analysis

Toshihide Yorozu, Ayana Shibasaki, Mitsuhiro Osada and Masato Higashi
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Toshihide Yorozu: Bank of Japan
Ayana Shibasaki: Bank of Japan
Mitsuhiro Osada: Bank of Japan
Masato Higashi: Bank of Japan

No 17-04-20, Bank of Japan Research Papers from Bank of Japan

Abstract: Real exports and imports compiled and released by the Research and Statistics Department of the Bank of Japan, based on concepts consistent with exports and imports in real GDP, serve as an indicator for measuring the real value of export/import goods, that is adjusted for the effects of price changes. In this latest release, we have made revisions including changes to goods and region classifications so as to reflect structural changes in exports among other factors. We also include an update of the base year of the deflators used for calculating real exports and imports in line with the base year revision of the Corporate Goods Price Index. This paper explains these revisions together with the methodologies used to compile the real export/import data. It also provides some useful tips when using the real export/import data in practice.

Keywords: real exports: real imports; goods trade; GDP (search for similar items in EconPapers)
JEL-codes: F10 F14 O11 (search for similar items in EconPapers)
Date: 2017-04-20
New Economics Papers: this item is included in nep-int
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