Romania - 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 Romania was 109.16 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 109.43 in 2016 and 100.00 in 2000.

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 100.38
2002 102.27
2003 103.48
2004 106.93
2005 106.73
2006 107.84
2007 107.44
2008 106.58
2009 107.48
2010 108.26
2011 109.07
2012 108.49
2013 107.76
2014 107.27
2015 109.23
2016 109.43
2017 107.03
2018 106.94
2019 107.50
2020 109.16

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes