Of the economies in the World Bank's latest release, Saudi Arabia has the highest net barter terms of trade index (2015 = 100) (168.9 in 2024) and St. Vincent and the Grenadines the lowest (52.9 in 2024). The world figure is 100.2 (2024).
What this measures
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 2015.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Saudi Arabia | 168.9 | 2024 |
| 2 | American Samoa | 167.2 | 2024 |
| 3 | Australia | 160.5 | 2024 |
| 4 | Pakistan | 155.7 | 2024 |
| 5 | Lao PDR | 155 | 2024 |
| 6 | Chad | 150.6 | 2024 |
| 7 | Ghana | 148.8 | 2024 |
| 8 | Mali | 145 | 2024 |
| 9 | Peru | 145 | 2024 |
| 10 | Congo, Dem. Rep. | 142.4 | 2024 |
| 11 | Colombia | 140.1 | 2024 |
| 12 | Guyana | 139.5 | 2024 |
| 13 | Algeria | 138.2 | 2024 |
| 14 | Suriname | 137.9 | 2024 |
| 15 | Côte d'Ivoire | 136.2 | 2024 |
| 16 | Uzbekistan | 135.1 | 2024 |
| 17 | Chile | 134.9 | 2024 |
| 18 | Curaçao | 134.6 | 2024 |
| 19 | Liberia | 134.3 | 2024 |
| 20 | Guinea | 132 | 2024 |
| 21 | Burkina Faso | 131.6 | 2024 |
| 22 | Belarus | 131.4 | 2024 |
| 23 | Papua New Guinea | 131.2 | 2024 |
| 24 | Guinea-Bissau | 130.5 | 2024 |
| 25 | São Tomé and Principe | 130.3 | 2024 |
| 26 | Rwanda | 129.9 | 2024 |
| 27 | Angola | 128.3 | 2024 |
| 28 | Turkmenistan | 127.5 | 2024 |
| 29 | Nigeria | 127.1 | 2024 |
| 30 | Zambia | 126.4 | 2024 |
| 31 | Bhutan | 126.1 | 2024 |
| 32 | Burundi | 125.4 | 2024 |
| 33 | Cameroon | 123.7 | 2024 |
| 34 | Bahrain | 123.4 | 2024 |
| 35 | Kuwait | 123.3 | 2024 |
| 36 | Uganda | 123.2 | 2024 |
| 37 | Mauritania | 123 | 2024 |
| 38 | Iraq | 122.9 | 2024 |
| 39 | Nicaragua | 122.8 | 2024 |
| 40 | Trinidad and Tobago | 122.8 | 2024 |
| 41 | Qatar | 121.6 | 2024 |
| 42 | Myanmar | 121.3 | 2024 |
| 43 | Bermuda | 120.9 | 2024 |
| 44 | Brazil | 120.8 | 2024 |
| 45 | Timor-Leste | 120.2 | 2024 |
| 46 | Tanzania | 120.1 | 2024 |
| 47 | Iran, Islamic Rep. | 119.8 | 2024 |
| 48 | Kazakhstan | 119.4 | 2024 |
| 49 | Libya | 119.3 | 2024 |
| 50 | Venezuela, RB | 119.2 | 2018 |
| 51 | Kyrgyz Republic | 118.6 | 2024 |
| 52 | Ethiopia | 118.5 | 2024 |
| 53 | Mozambique | 117.5 | 2024 |
| 54 | South Africa | 117.1 | 2024 |
| 55 | Paraguay | 116.2 | 2024 |
| 56 | Malaysia | 116.1 | 2024 |
| 57 | Russian Federation | 116.1 | 2024 |
| 58 | Togo | 115.6 | 2024 |
| 59 | Norway | 115.5 | 2024 |
| 60 | Northern Mariana Islands | 114.6 | 2024 |
| 61 | Equatorial Guinea | 114.1 | 2024 |
| 62 | Senegal | 112.4 | 2024 |
| 63 | Egypt, Arab Rep. | 112.2 | 2024 |
| 64 | Ecuador | 112 | 2024 |
| 65 | Gabon | 111.7 | 2024 |
| 66 | Mongolia | 111.3 | 2024 |
| 67 | Indonesia | 110.2 | 2024 |
| 68 | Canada | 109.9 | 2024 |
| 69 | St. Martin (French part) | 109.35 | 2021 |
| 70 | Niger | 109.2 | 2024 |
| 71 | Guam | 109 | 2024 |
| 72 | Zimbabwe | 108.9 | 2024 |
| 73 | Azerbaijan | 108.4 | 2024 |
| 74 | Armenia | 108.3 | 2024 |
| 75 | Slovenia | 108.3 | 2024 |
| 76 | Congo, Rep. | 108.2 | 2024 |
| 77 | United Arab Emirates | 107.8 | 2024 |
| 78 | Vanuatu | 107.7 | 2024 |
| 79 | New Zealand | 107.6 | 2024 |
| 80 | Namibia | 107.4 | 2024 |
| 81 | Yemen, Rep. | 107.4 | 2024 |
| 82 | Afghanistan | 107.3 | 2024 |
| 83 | Syrian Arab Republic | 107.3 | 2024 |
| 84 | Tajikistan | 107.2 | 2024 |
| 85 | Argentina | 107 | 2024 |
| 86 | Dominican Republic | 107 | 2024 |
| 87 | Central African Republic | 106.9 | 2024 |
| 88 | Viet Nam | 106.5 | 2024 |
| 89 | Bosnia and Herzegovina | 106 | 2024 |
| 90 | United States | 105.4 | 2024 |
| 91 | New Caledonia | 105.1 | 2024 |
| 92 | Mexico | 104.4 | 2024 |
| 93 | Latvia | 103.7 | 2024 |
| 94 | Italy | 103.6 | 2024 |
| 95 | Korea, Dem. People's Rep. | 103.6 | 2024 |
| 96 | Brunei Darussalam | 103.2 | 2024 |
| 97 | Benin | 103 | 2024 |
| 98 | Sierra Leone | 103 | 2024 |
| 99 | St. Kitts and Nevis | 102.6 | 2024 |
| 100 | Serbia | 102.5 | 2024 |
| 101 | Germany | 102.1 | 2024 |
| 102 | Kiribati | 101.7 | 2024 |
| 103 | Malta | 101.2 | 2024 |
| 104 | Lithuania | 101.1 | 2024 |
| 105 | Turks and Caicos Islands | 101.1 | 2024 |
| 106 | Faroe Islands | 101 | 2024 |
| 107 | Czechia | 100.6 | 2024 |
| 108 | Hong Kong SAR, China | 100.5 | 2024 |
| 109 | Nepal | 100.5 | 2024 |
| 110 | Jamaica | 100.3 | 2024 |
| 111 | Netherlands | 100.3 | 2024 |
| 112 | Micronesia, Fed. Sts. | 100.1 | 2024 |
| 113 | Costa Rica | 99.9 | 2024 |
| 114 | Poland | 99.8 | 2024 |
| 115 | Sudan | 99.4 | 2024 |
| 116 | Estonia | 99.3 | 2024 |
| 117 | Hungary | 99.3 | 2024 |
| 118 | United Kingdom | 99.2 | 2024 |
| 119 | Eritrea | 99 | 2024 |
| 120 | Georgia | 99 | 2024 |
| 121 | Belgium | 98.7 | 2024 |
| 122 | Marshall Islands | 98.5 | 2024 |
| 123 | Fiji | 98.3 | 2024 |
| 124 | Philippines | 98.2 | 2024 |
| 125 | Switzerland | 97.9 | 2024 |
| 126 | Kenya | 97.8 | 2024 |
| 127 | North Macedonia | 97.2 | 2024 |
| 128 | Honduras | 97 | 2024 |
| 129 | Portugal | 97 | 2024 |
| 130 | Lebanon | 96.9 | 2024 |
| 131 | Bahamas, The | 96.5 | 2024 |
| 132 | Macao SAR, China | 96.5 | 2024 |
| 133 | Palau | 96.5 | 2024 |
| 134 | Malawi | 96.3 | 2024 |
| 135 | Andorra | 96.2 | 2024 |
| 136 | St. Lucia | 96 | 2024 |
| 137 | Uruguay | 96 | 2024 |
| 138 | Barbados | 95.7 | 2024 |
| 139 | France | 95.6 | 2024 |
| 140 | Sweden | 95.5 | 2024 |
| 141 | Belize | 95.4 | 2024 |
| 142 | Gambia, The | 95.3 | 2024 |
| 143 | Austria | 95.2 | 2024 |
| 144 | Samoa | 95.2 | 2024 |
| 145 | Aruba | 95.1 | 2024 |
| 146 | Moldova | 95.1 | 2024 |
| 147 | El Salvador | 94.8 | 2024 |
| 148 | Finland | 94.5 | 2024 |
| 149 | Mauritius | 94.4 | 2024 |
| 150 | Slovak Republic | 94 | 2024 |
| 151 | Greece | 93.9 | 2024 |
| 152 | Djibouti | 93.8 | 2024 |
| 153 | Spain | 93.6 | 2024 |
| 154 | Oman | 93.5 | 2024 |
| 155 | Israel | 93.3 | 2024 |
| 156 | Jordan | 93.3 | 2024 |
| 157 | Romania | 93.1 | 2024 |
| 158 | Singapore | 92.9 | 2024 |
| 159 | Bulgaria | 92.7 | 2024 |
| 160 | Cuba | 92.6 | 2024 |
| 161 | Cabo Verde | 92.1 | 2024 |
| 162 | Tunisia | 91.8 | 2024 |
| 163 | India | 91.3 | 2024 |
| 164 | Thailand | 90.7 | 2024 |
| 165 | Eswatini | 90.5 | 2024 |
| 166 | Seychelles | 90.3 | 2024 |
| 167 | Haiti | 89.8 | 2024 |
| 168 | Tonga | 89.8 | 2024 |
| 169 | Japan | 89.6 | 2024 |
| 170 | Maldives | 88.9 | 2024 |
| 171 | Cambodia | 88.8 | 2024 |
| 172 | Iceland | 88.4 | 2024 |
| 173 | Korea, Rep. | 88.3 | 2024 |
| 174 | Denmark | 87.6 | 2024 |
| 175 | Croatia | 87 | 2024 |
| 176 | Türkiye | 86.8 | 2024 |
| 177 | Greenland | 86.7 | 2024 |
| 178 | Sri Lanka | 86.7 | 2024 |
| 179 | Panama | 86.4 | 2024 |
| 180 | Grenada | 86.1 | 2024 |
| 181 | Luxembourg | 85.5 | 2024 |
| 182 | Morocco | 85.3 | 2024 |
| 183 | Bolivia | 84.9 | 2024 |
| 184 | Guatemala | 84.9 | 2024 |
| 185 | China | 84.7 | 2024 |
| 186 | Madagascar | 84.4 | 2024 |
| 187 | Antigua and Barbuda | 84 | 2024 |
| 188 | Bangladesh | 83.7 | 2024 |
| 189 | Naoero | 82.7 | 2024 |
| 190 | Cyprus | 82 | 2024 |
| 191 | Lesotho | 81.9 | 2024 |
| 192 | Cayman Islands | 81.6 | 2024 |
| 193 | Solomon Islands | 81.5 | 2024 |
| 194 | West Bank and Gaza | 81.4 | 2024 |
| 195 | French Polynesia | 81 | 2024 |
| 196 | Albania | 77 | 2024 |
| 197 | Botswana | 76.7 | 2024 |
| 198 | Ukraine | 75.7 | 2024 |
| 199 | Somalia, Fed. Rep. | 75.1 | 2024 |
| 200 | Dominica | 71.8 | 2024 |
| 201 | Comoros | 69.7 | 2024 |
| 202 | Ireland | 67.6 | 2024 |
| 203 | Gibraltar | 67.5 | 2024 |
| 204 | British Virgin Islands | 59.5 | 2024 |
| 205 | St. Vincent and the Grenadines | 52.9 | 2024 |
Regions and income groups
| Region or group | Latest value | Year |
|---|---|---|
| World | 100.2 | 2024 |
More trade indicators
- Import volume index (2015 = 100)
- Binding coverage, manufactured products (%)
- Bound rate, simple mean, manufactured products (%)
- Tariff rate, applied, simple mean, manufactured products (%)
- Tariff rate, most favored nation, simple mean, manufactured products (%)
- Tariff rate, applied, weighted mean, manufactured products (%)
- Tariff rate, most favored nation, weighted mean, manufactured products (%)
- Binding coverage, all products (%)
- Bound rate, simple mean, all products (%)
- Tariff rate, applied, simple mean, all products (%)
- Tariff rate, most favored nation, simple mean, all products (%)
- Tariff rate, applied, weighted mean, all products (%)
Reading data like this
Source
World Bank, World Development Indicators, TT.PRI.MRCH.XD.WD, CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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