Aruba - 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 Aruba was 121.04 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 126.31 in 2016 and 88.17 in 2009.

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 92.86
2002 89.26
2003 95.51
2004 100.30
2005 112.27
2006 115.14
2007 114.59
2008 122.98
2009 88.17
2010 94.52
2011 103.10
2012 104.59
2013 101.89
2014 96.53
2015 111.66
2016 126.31
2017 124.38
2018 119.78
2019 121.68
2020 121.04

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes