World Trade Volume Index
Monthly index of global merchandise trade flows compiled by CPB Netherlands, covering import and export volumes for 97 countries. A key coincident indicator of global economic activity.
Data
| Month | Global Volume Index | MoM Change (%) | YoY Change (%) |
|---|---|---|---|
| Dec 2025 | 111.7 | +0.4% | +4.9% |
| Nov 2025 | 111.3 | +1.8% | +4.8% |
| Oct 2025 | 109.3 | -1.4% | +3.1% |
| Sep 2025 | 110.8 | +1.2% | +4.9% |
| Aug 2025 | 109.5 | -0.4% | +3.0% |
| Jul 2025 | 110.0 | +1.6% | +5.1% |
| Jun 2025 | 108.3 | -0.5% | +3.2% |
| May 2025 | 108.8 | -0.4% | +4.5% |
| Apr 2025 | 109.2 | -0.9% | +4.6% |
| Mar 2025 | 110.2 | +2.7% | +7.0% |
| Feb 2025 | 107.3 | +0.3% | +3.1% |
| Jan 2025 | 106.9 | +0.4% | +4.3% |
| Dec 2024 | 106.5 | +0.3% | +3.3% |
About this Dataset
The CPB World Trade Monitor is the most comprehensive monthly dataset of global merchandise trade volumes, produced by CPB Netherlands Bureau for Economic Policy Analysis. It aggregates import and export volume data from 97 countries — covering approximately 97% of world trade — into a single harmonised index.
- Coverage: 97 countries across 9 regions; Advanced Economies and Emerging Economies sub-indices
- Frequency: Monthly, released with approximately 6-week lag
- Base year: 2021 = 100
- Methodology: Volume data derived from national trade statistics; price deflators applied to remove goods price effects; seasonal adjustment applied
The monitor is widely used by international organisations (IMF, World Bank, WTO), central banks, and global macro investors as a timely indicator of world economic momentum. Sharp declines in trade volume have historically preceded or accompanied global recessions (2008–09, 2015–16, 2020).