Brunei - 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 Brunei was 108.56 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 256.13 in 2008 and 88.97 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 99.95
2002 88.97
2003 101.91
2004 114.53
2005 159.99
2006 192.14
2007 190.81
2008 256.13
2009 175.78
2010 188.91
2011 223.36
2012 238.91
2013 229.74
2014 215.67
2015 152.57
2016 116.43
2017 142.69
2018 175.65
2019 143.73
2020 108.56

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes