Traditionally the indicators of international trade are used to assess the level of the process of globalization.
Morrison and Roth (1990), Kobrin (1991), Gersbach (2002), Juscius (2004), Pekarskiene and Susniene (2012) and
other authors used the indicators of international trade to measure the level of globalization. However, there is some
disagreement how to assess the volumes and trends of the international trade development, because the tendencies of
international trade may be treated differently depending on the choice of the indicators. Therefore, selection of the
set of international trade indicators is a very important issue, because the indicators of international trade are of big
importance for measuring economic globalization. There is a debate among scientists: whether globalization is
increasing, or decreasing? Perraton (2003) emphasizes that international trade and gross output ratio reached an
unprecedented scale. These changes led to the formation of the global markets of goods and services and led to
changes in product and labor markets. By submitting an analytical approach to globalization, author argues that there
is a clear evidence of ongoing unprecedented fundamental transformation of the world economy, and these changes
affect the development of states and their citizens' well-being. Soubbotina and Sheram (2000) present an opinion
based on empirical research that the process of globalization expands rapidly through the channel of international
trade. Bernatonyte and Normantiene (2009) assert that globalization and integration processes have had a significant
impact on the development of international trade. International trade is now a rapidly growing activity of global
economy. And it is an international trade specifically which is one of the key factors of globalization that formed the
assumptions for globalization spread.