China - 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 China was 91.62 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 120.24 in 1981 and 79.05 in 2011.

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 117.44
1981 120.24
1982 117.28
1983 100.00
1984 96.59
1985 92.55
1986 85.11
1987 94.51
1988 90.72
1989 102.17
1990 102.11
1991 101.03
1992 103.09
1993 101.04
1994 102.04
1995 101.94
1996 105.94
1997 110.20
1998 110.64
1999 104.12
2000 100.00
2001 97.44
2002 92.11
2003 92.93
2004 90.77
2005 88.44
2006 89.47
2007 88.55
2008 83.81
2009 91.10
2010 82.05
2011 79.05
2012 79.76
2013 80.65
2014 82.95
2015 92.53
2016 92.33
2017 87.29
2018 84.62
2019 85.75
2020 91.62

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes