International Workshop on Trade Statistics and Economic Statistics Overview
International Workshop on the Integrated Use of International Trade Statistics and Economic Statistics provides insights into the growth of international trade in services, highlighting statistics, classifications, and data collection systems. The framework covers the rise in trade in services compared to goods, with case studies on OECD countries and China. It also delves into standards, classifications like EBOPS, and guides for compiling trade statistics, emphasizing the importance of accurate and comprehensive data for informed decision-making and policy formulation.
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Presentation Transcript
International Workshop on the Integrated Use of International Trade Statistics and Economic Statistics Overview of trade in services statistics DAY 1, 23 November 2021
OUTLINE OF PRESENTATION The general framework: The growt of international trade in services The international trade in services statistics (ITSS), between BOP and BS The EBOPS classification Data Collection Systems for ITSS
TRADE IN SERVICES STATISTICS THE FRAMEWORK Export Goods and Services - OECD Countries (2005 base =100) 220 200 Goods Services 180 160 140 120 Elaboration from OECD Data 100 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 International trade in services is more than double in last 15 years and is growing more than trade in goods
TRADE IN SERVICES STATISTICS THE FRAMEWORK Export Goods and Services - China (2005 base =100) 350 300 250 200 Goods Services 150 Elaboration from OECD Data 100 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 In the same period International trade in goods and services is tripled in China.
TRADE IN SERVICES STATISTICS THE FRAMEWORK IMF - BPM6 (and Compilation Guide) UN - MSITS 2010 (and Compiler s Guide) Eurostat STEC Compilers Guide STEC Services trade by enterprise characteristics ITSS BOP International Trade in Services Statistics Current Accont MOS Mode of Supply Digital Trade
TRADE IN SERVICES STATISTICS THE NEW STANDARDS IMF - BPM6 (and Compilation Guide) UN - MSITS 2010 (and Compiler s Guide) Eurostat STEC Compilers Guide IMF BPM7 (and Compilation Guide) UN - MSITS (and Compiler s Guide) Eurostat STEC Compilers Guide Eurostat MOS Compilers Guide OECD-WTO-IMF Handbook on Digital Trade (new version)
TRADE IN SERVICES STATISTICS THE EBOPS CLASSIFICATION The EBOPS categories 1.Manufacturing services on physical inputs owned by others. 2. Maintenance and repair services n.i.e. 3. Transport. 4. Travel. 5. Construction. 6. Insurance and pension services. 7. Financial services. 8. Charges for the use of intellectual property n.i.e. 9. Telecommunications, computer and information services. 10. Other business services. 11.Personal, cultural and recreational services. 12. Government goods and services n.i.e. Goods component (MoS)
TRADE IN SERVICES STATISTICS THE EBOPS CLASSIFICATION The new proposal (BPM7) 1.Manufacturing services on physical inputs owned by others. 2. Maintenance and repair services n.i.e. 3. Transport. 4. Travel. 5. Construction. 6. Insurance and pension services. 7. Financial services. 8. Charges for the use of intellectual property n.i.e. 9. Telecommunications, computer and information services. 10. Other business services. 11.Personal, cultural and recreational services. 12. Government goods and services n.i.e. Telecommunications services Computer and information services Research and development services Professional and management consulting services Trade-related services and operating leasing services Technical and other business services
TRADE IN SERVICES STATISTICS THE DATA COLLECTION Users ask for more details, but budget is a constrain Costs Survey ITRS Administrative data (Tax) International Standards
TRADE IN SERVICES STATISTICS A BRIEF RECAP ITS are growing quickly in the last 10/15 years. Users need interrelated statistics between the macroeconomic framework (ITSS - BOP) and the business statistics (microdata). The future developments of international standards (new manuals) should be considered in the definition of the data collection system
International Workshop on the Integrated Use of International Trade Statistics and Economic Statistics Overview of trade in services statistics Thank you for your attention Andrea.carboni@bancaditalia.it
