Macao SAR, 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 Macao SAR, China was 84.47 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 102.37 in 2002 and 82.99 in 2008.

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 101.17
2002 102.37
2003 98.00
2004 94.86
2005 91.49
2006 89.96
2007 87.18
2008 82.99
2009 85.71
2010 86.92
2011 86.44
2012 86.10
2013 85.56
2014 85.62
2015 87.44
2016 87.58
2017 87.46
2018 85.84
2019 85.29
2020 84.47

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes