Eritrea - 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 Eritrea was 105.89 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 112.46 in 2018 and 91.23 in 2004.

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
1992 98.53
1993 99.05
1994 103.70
1995 101.71
1996 98.29
1997 100.91
1998 95.28
1999 96.12
2000 100.00
2001 103.67
2002 91.58
2003 92.18
2004 91.23
2005 95.92
2006 97.45
2007 100.66
2008 92.96
2009 99.56
2010 105.76
2011 107.04
2012 104.97
2013 106.51
2014 106.17
2015 101.46
2016 103.35
2017 111.28
2018 112.46
2019 109.69
2020 105.89

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes