Australia - 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 Australia was 194.44 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 200.29 in 2011 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 103.99
2002 105.87
2003 105.80
2004 116.05
2005 130.97
2006 145.36
2007 152.36
2008 174.46
2009 162.90
2010 178.73
2011 200.29
2012 181.81
2013 176.81
2014 164.99
2015 148.20
2016 148.00
2017 172.49
2018 175.72
2019 192.99
2020 194.44

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes