Oman - 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 Oman was 104.66 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 254.02 in 2008 and 86.27 in 2001.

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 86.27
2002 97.34
2003 117.36
2004 112.07
2005 155.59
2006 179.59
2007 176.39
2008 254.02
2009 148.64
2010 192.70
2011 232.12
2012 250.83
2013 244.77
2014 244.37
2015 149.25
2016 106.05
2017 119.81
2018 136.49
2019 127.48
2020 104.66

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes