Azerbaijan - 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 Azerbaijan was 92.90 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 198.27 in 2012 and 87.06 in 2001.

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 87.06
2002 90.08
2003 95.97
2004 111.75
2005 136.99
2006 150.80
2007 153.62
2008 190.61
2009 127.26
2010 155.74
2011 191.59
2012 198.27
2013 198.00
2014 185.18
2015 116.77
2016 100.13
2017 120.67
2018 146.90
2019 131.22
2020 92.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes