Vanuatu - 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 Vanuatu was 103.97 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 107.46 in 2016 and 80.07 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
2000 100.00
2001 90.72
2002 101.84
2003 99.92
2004 97.03
2005 89.02
2006 89.86
2007 87.44
2008 83.73
2009 83.47
2010 84.31
2011 82.52
2012 80.07
2013 85.91
2014 91.47
2015 97.31
2016 107.46
2017 107.29
2018 103.06
2019 104.81
2020 103.97

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes