Bahrain - 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 Bahrain was 127.31 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 160.83 in 2008 and 93.12 in 2002.

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 96.06
2002 93.12
2003 96.98
2004 106.50
2005 125.80
2006 145.87
2007 144.62
2008 160.83
2009 127.09
2010 142.15
2011 143.59
2012 139.54
2013 139.17
2014 139.51
2015 129.45
2016 125.96
2017 135.11
2018 138.63
2019 134.53
2020 127.31

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes