Lithuania - 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 Lithuania was 100.66 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 104.21 in 2004 and 93.71 in 2012.

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 98.74
2002 99.08
2003 103.16
2004 104.21
2005 100.55
2006 97.63
2007 98.81
2008 95.59
2009 96.66
2010 94.55
2011 93.89
2012 93.71
2013 94.37
2014 96.40
2015 98.50
2016 99.30
2017 98.65
2018 98.11
2019 98.76
2020 100.66

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes