Cyprus - 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 Cyprus was 82.10 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 106.10 in 2008 and 82.10 in 2020.

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 101.46
2002 102.44
2003 102.50
2004 103.40
2005 101.50
2006 102.70
2007 101.38
2008 106.10
2009 96.91
2010 98.07
2011 96.56
2012 93.73
2013 92.24
2014 92.37
2015 92.46
2016 90.41
2017 90.54
2018 93.23
2019 90.72
2020 82.10

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes