Bhutan - 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 Bhutan was 127.79 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 142.63 in 2008 and 100.00 in 2000.

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 108.48
2002 106.67
2003 107.83
2004 126.56
2005 136.95
2006 139.90
2007 125.82
2008 142.63
2009 129.41
2010 138.80
2011 141.73
2012 128.14
2013 123.33
2014 122.64
2015 120.56
2016 119.44
2017 127.71
2018 137.89
2019 133.65
2020 127.79

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes