Russia - 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 Russia was 123.48 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 203.09 in 2012 and 93.34 in 2002.

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 96.02
2002 93.34
2003 100.84
2004 114.66
2005 138.20
2006 157.38
2007 164.60
2008 197.97
2009 131.91
2010 159.67
2011 194.50
2012 203.09
2013 189.62
2014 182.09
2015 138.50
2016 112.90
2017 127.74
2018 149.70
2019 151.41
2020 123.48

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes