Turkey - 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 Turkey was 97.33 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 120.41 in 1993 and 88.90 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
1980 109.09
1981 103.25
1982 95.96
1983 95.32
1984 107.18
1985 95.71
1986 110.17
1987 117.46
1988 114.40
1989 105.77
1990 109.09
1991 111.22
1992 115.38
1993 120.41
1994 109.62
1995 105.74
1996 106.96
1997 111.43
1998 110.89
1999 109.38
2000 100.00
2001 97.71
2002 97.14
2003 98.28
2004 98.84
2005 97.94
2006 93.30
2007 95.90
2008 92.28
2009 96.18
2010 91.77
2011 89.02
2012 88.90
2013 90.43
2014 91.76
2015 97.71
2016 101.67
2017 96.35
2018 92.80
2019 92.56
2020 97.33

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes