United Arab Emirates - 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 United Arab Emirates was 153.96 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 185.33 in 2013 and 92.76 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 94.44
2002 92.76
2003 102.01
2004 114.03
2005 138.30
2006 148.92
2007 151.51
2008 175.95
2009 147.09
2010 163.15
2011 181.95
2012 183.37
2013 185.33
2014 183.28
2015 157.83
2016 151.44
2017 161.35
2018 171.96
2019 166.91
2020 153.96

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes