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Commerce Business Apps Challenge. Commerce is challenging developers to look for innovative ways to utilize DOC and other publicly available data to help businesses identify opportunities, grow, enhance productivity and create jobs.
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Commerce Business Apps Challenge Commerce is challenging developers to look for innovative ways to utilize DOC and other publicly available data to help businesses identify opportunities, grow, enhance productivity and create jobs. $10,000 USD in prizes (1st - $5,000; 2nd - $3,000; and 3rd – $2,000) Contest ends: April 30, 2012 @ 11:00 PM EDT For more information, visit: http://docbusinessapps.challenge.gov/
Introduction to Foreign Trade Statistics Presented by: Mala Mistry Foreign Trade Division U.S. Census Bureau
Foreign Trade Division The Foreign Trade Division of the U.S. Census Bureau is the official source for U.S. export and import statistics and is responsible for issuing regulations governing the reporting of all export shipments from the United States.
Why are Foreign Trade Statistics Important? • Analyze market share • Find emerging markets • Measure the impact of foreign competition
What are Trade Statistics? • Exports • Measure of goods grown, produced, or manufactured in the U.S. that are shipped to other countries. • Imports • Measure the arrival of goods into the U.S. from other countries • Balance of Trade • Exports – Imports = Balance of Trade
Classification Systems • North American Industry Classification System (NAICS) • Standard International Classification System (SITC) • End-Use • Advanced Technology Products (ATP) • Harmonized System (HS)
Foreign Trade Website www.census.gov/trade
Foreign Trade Datasets • International Trade in Goods in Services Release (FT-900) • Historical Series • State Data • Country Data • Advanced Technology Products • End-Use • NAICS Web Application • SITC Web Application • Economic Indicator Database
FT900: U.S. International Trade in Goods & Services Report This report is released jointly with the Bureau of Economic Analysis. It can be used to: • Analyze economic, financial, and trade policy • Calculate the GDP • Conduct market analysis by country and selected products
Historical Series www.census.gov/foreign-trade/statistics/historical • Annual goods and services: 1960 - present • Monthly goods and services: 1992 - present • Monthly Chained (2005) Dollars: 1994 – present • Monthly U.S. Imports of Crude Oil: 1973 - present
State Data www.census.gov/foreign-trade/statistics/state/ Data available for each state (based on 2011 values): • Top 25 commodities exported • Top 25 commodities imported • Top 25 trading partners
Country Data http://www.census.gov/foreign-trade/balance We have individual pages with monthly and annual totals of the trade balance, exports, and imports for: • Each country • Country groupings (European Union, Africa, NAFTA, etc.) • Advanced Technology Products • Total Seasonally Adjusted • Total Not Seasonally Adjusted • Full dataset download
Advanced Technology Products (ATP) ATP by Country: www.census.gov/foreign-trade/statistics/product/atp
Advanced Technology Products (ATP) ATP by Country continued…
Advanced Technology Products (ATP) Country by ATP
End Use Exports: www.census.gov/foreign-trade/statistics/product/enduse/exports Imports: www.census.gov/foreign-trade/statistics/product/enduse/imports
NAICS Web Application http://censtats.census.gov/naic3_6/naics3_6.shtml
SITC Web Application http://censtats.census.gov/sitc/sitc.shtml
Economic Indicator Database www.census.gov/econ/currentdata
Additional Information • Export training videos • Global Reach Blog http://globalreach.blogs.census.gov
Contact information Foreign Trade Division Website: http://www.census.gov/trade Phone: 301-763-2311 or 1-800-549-0595 option 4 E-mail: ftd.data.dissemination@census.gov Commerce Business Apps Challenge Website: http://docbusinessapps.challenge.gov Main Contact: Mike Kruger Director of Digital Strategy U.S. Department of Commerce Email: mkruger@doc.gov 202-482-2556