India - 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 India was 105.10 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 118.75 in 1994 and 65.47 in 1981.

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 71.64
1981 65.47
1982 72.31
1983 75.81
1984 94.12
1985 80.99
1986 83.76
1987 100.00
1988 97.56
1989 94.62
1990 85.82
1991 93.60
1992 98.32
1993 113.13
1994 118.75
1995 108.00
1996 99.04
1997 113.59
1998 117.58
1999 105.21
2000 100.00
2001 97.82
2002 88.63
2003 96.20
2004 91.68
2005 87.82
2006 85.70
2007 81.61
2008 81.61
2009 95.01
2010 93.47
2011 89.99
2012 90.08
2013 92.45
2014 93.82
2015 104.23
2016 107.01
2017 102.47
2018 96.32
2019 98.02
2020 105.10

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes