Bermuda - 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 Bermuda was 92.05 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 100.00 in 2000 and 84.96 in 2012.

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 98.71
2002 97.16
2003 89.78
2004 94.75
2005 91.30
2006 93.32
2007 92.77
2008 97.81
2009 87.66
2010 88.86
2011 85.59
2012 84.96
2013 95.63
2014 95.54
2015 94.53
2016 93.66
2017 92.31
2018 88.85
2019 88.33
2020 92.05

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes