Israel - 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 Israel was 106.86 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 113.90 in 2016 and 91.43 in 2011.

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 98.79
2002 97.78
2003 96.38
2004 94.47
2005 95.11
2006 93.63
2007 91.68
2008 93.04
2009 101.73
2010 98.25
2011 91.43
2012 97.79
2013 100.63
2014 101.47
2015 111.95
2016 113.90
2017 110.51
2018 106.85
2019 109.34
2020 106.86

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes