International Merchandise Trade Statistics Workshop Overview
This presentation provides insights into the International Merchandise Trade Statistics Workshop held in Nadi, Fiji. It covers the compilation, analysis, dissemination, indicators, and uses of trade statistics. Examples of components in international trade, IMTS explanation, variables involved, and a thank you note are included.
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Presentation Transcript
INTERNATIONAL MERCHANDISE TRADE STATISTICS WORKSHOP ON COMPILATION, ANALYSIS, DISSEMINATION, INDICATORS AND USES 5 10 December 2022, Nadi, Fiji Presentation by Nilima Lal Economic Statistics Adviser, Pacific Community Email: NilimaL@spc.int
Trade explained Examples of components involved in international merchandise trade International trade in goods 2
IMTS explained IMTS refers to a specialised multipurpose domain of official statistics concerned with the provision of data on the physical movements of goods between countries and areas, where: exports record the outward flow of goods; re-exports record the outward flow of goods that are imported and then exported in the same condition that it was imported in, without any transformation; imports record the inward flow of goods; and re-imports record the inward flow of goods that are exported and then brought back into the country. 3
Variables of IMTS Variables of IMTS The variables of IMTS include, but are not limited to, data on: flow of trade; reference period; description of the commodity; appropriate 8-digit Pacific Harmonized Commodity Description and Coding System/national (PACHS) country/territory of origin of the good, in the case of imports; country/territory of destination of the good, in the case of exports; cost (insurance and freight) of the good; the preference given to the good, if any. For example, the good may have been traded under MSG; value of the good and the currency quantity and the unit of quantity of the good; and mode of transport of the good. 4
