Fiji - 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 Fiji was 110.38 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 162.26 in 1987 and 91.89 in 2004.

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
1980 135.16
1981 105.45
1982 102.23
1983 117.29
1984 109.69
1985 100.00
1986 145.40
1987 162.26
1988 141.59
2000 100.00
2001 101.64
2002 99.30
2003 96.37
2004 91.89
2005 92.68
2006 101.41
2007 95.28
2008 92.43
2009 107.07
2010 108.49
2011 112.95
2012 112.91
2013 108.37
2014 107.86
2015 109.18
2016 112.08
2017 110.05
2018 108.28
2019 109.54
2020 110.38

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes