Benin - 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 Benin was 121.61 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 135.54 in 2011 and 73.85 in 1981.

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 86.36
1981 73.85
1982 93.42
1983 94.29
1984 98.48
1985 93.94
1986 82.56
1987 78.85
1988 86.24
1989 82.18
1990 107.00
1991 94.23
1992 85.19
1993 82.35
1994 80.53
1995 106.61
1996 94.17
1997 99.10
1998 99.13
1999 100.00
2000 100.00
2001 90.06
2002 89.57
2003 101.50
2004 102.60
2005 106.06
2006 112.73
2007 114.20
2008 118.18
2009 116.85
2010 127.37
2011 135.54
2012 127.06
2013 123.42
2014 123.46
2015 120.54
2016 125.74
2017 130.72
2018 130.87
2019 126.40
2020 121.61

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes