Colombia - 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 Colombia was 116.27 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 183.74 in 2011 and 75.79 in 1992.

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 112.00
1981 98.72
1982 101.23
1983 102.63
1984 112.50
1985 103.95
1986 130.56
1987 95.00
1988 89.77
1989 88.17
1990 81.25
1991 85.71
1992 75.79
1993 78.49
1994 90.82
1995 86.79
1996 89.81
1997 89.91
1998 82.52
1999 88.89
2000 100.00
2001 96.68
2002 96.48
2003 98.90
2004 110.99
2005 125.97
2006 131.38
2007 137.90
2008 145.98
2009 137.94
2010 160.12
2011 183.74
2012 173.56
2013 161.10
2014 146.59
2015 110.37
2016 109.10
2017 127.68
2018 139.62
2019 137.67
2020 116.27

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes