Belarus - Net barter terms of trade index

Net barter terms of trade index (2000 = 100)

The latest value for Net barter terms of trade index (2000 = 100) in Belarus was 96.91 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 119.38 in 2012 and 93.00 in 2016.

Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.

Source: United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.

See also:

Year Value
2000 100.00
2001 99.83
2002 99.93
2003 98.48
2004 98.43
2005 99.37
2006 103.17
2007 100.58
2008 111.64
2009 99.26
2010 101.28
2011 110.23
2012 119.38
2013 116.99
2014 115.51
2015 98.81
2016 93.00
2017 97.76
2018 100.69
2019 99.97
2020 96.91

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes