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WORLD TRADE . OUTLINE. STATISTICS CANADA THE WORLD TRADE ANALYZER WHY IT WAS DEVELOPED MAIN FEATURES THE ADJUSTMENTS WHY THE ADJUSTMENTS THE FUTURE. STATISTICS CANADA. STATISTICS CANADA. MANDATE :
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OUTLINE • STATISTICS CANADA • THE WORLD TRADE ANALYZER • WHY IT WAS DEVELOPED • MAIN FEATURES • THE ADJUSTMENTS • WHY THE ADJUSTMENTS • THE FUTURE
STATISTICS CANADA • MANDATE: • to collect, compile, analyse, abstract and publish statistical information • to collaborate with departments of government • to take the census of population of Canada and the census of agriculture of Canada • to promote the avoidance of duplication in the information • generally, to promote and develop integrated social and economic statistics pertaining to the whole of Canada
THE WORLD TRADE ANALYZER • TRADE FLOWS MEMBERS OF UNITED NATIONS • ALMOST 200 TRADING PARTNERS • DATABASE 1980 TO 1998 • 800 COMMODITIES - SITC REV 2 • 2 YEARS AFTER REFERENCE PERIOD
WHY WORLD TRADE ANALYZER • CANADA- ALMOST 40 % OF GDP • TRADE AGREEMENTS • POLICY DEVELOPMENT • GLOBILIZATION • EXPORTS AND IMPORTS • $ 2.0 TRILLION IN 1980 • $ 2.9 TRILLION BY 1988 • $ 5.7 TRILLION BY 1998
DEVELOPMENT OF THE DATABASE • TIMELY ACQUISITION OF UNITED NATIONS DATA • DEVELOPMENT OF SUITABLE IMPUTATION METHODS • UNAVAILABLE DATA • IMPROVE INTERNATIONAL COMPARABILITY
PROCEDURES TO NOTE • COMMODITIES CLASSIFIED AT THE 4-DIGIT STANDARD INTERNATIONAL TRADE CLASSIFICATION-REVISION 2 (SITC Rev. 2) • ELECTRICAL POWER INCLUDED • UNSPECIFIED COMMODITIES-SECTION 9 - Adjustments for valuation and territorial coverage only.
ADJUSTMENTS • TRADE WITH UNSPECIFIED COUNTRIES • DIFFERENCES IN TERRITORIAL COVERAGE • DIFFERENCES IN VALUATION • IMPUTATIONS FOR NON-REPORTING COUNTRIES AND SUPPLEMENT • DIFFERENCES IN COMMODITY CLASSIFICATION • DIFFERENCES IN TRADING PARTNER ATTRIBUTION
GUIDING PRINCIPAL IMPORT DATA ARE MORE RELIABLE THAN EXPORT DATA
TRADE REPORTED WITH UNSPECIFIED COUNTRIES • Portion reported • in terms of broad areas or aggregate group of countries • Basis of Adjustment • partner within region • Areas n.e.s., Not Specified, Free Zones, For Ships and Special Categories... grouped and distributed to countries where reported imports >reported exports.
DIFFERENCES IN TERRITORIAL COVERAGE • Geographic area included by a country as part of its own territory • excluded from that country’s trade figures • viewed as a separate entity by trading partners.
DIFFERENCES IN VALUATION • “General” system • “Special” system • f.o.b. (free on board, excluding insurance and freight) • c.i.f. (cost including insurance and freight from point of export)
VALUATION ADJUSTMENTS • WORLD EXPORTS=WORLD IMPORTS • THREE REGIONS *Americas *Europe/Mediterranean *Asia/Oceania • IMPORTS minus EXPORTS <15%, then EXPORTS=IMPORTS EXCEPTIONS -Exports Reported as zero -Exports imputed from partner country imports
IMPUTATION FOR NON-REPORTING COUNTRIES • NO COMMODITY DETAIL • ONLY IMPORTS OR ONLY EXPORTS
TRADE BETWEEN TWO NON REPORTING COUNTRIES • Imputation after adjustment for non-reporting countries completed - Published < than adjusted figure - no adjustment - Published > than adjusted figure, then the difference - n.e.s.(country and commodity level)
DETAIL DIFFERENCES IN COMMODITY CLASSIFICATION • Reported anywhere from 1-digit to 5-digit level of SITC
DIFFERENCES IN TRADING PARTNER ATTRIBUTION • ENTREPOT TRADE • DIFFERENCES IN COUNTRY DEFINITION • country of origin • country of consignment • country of purchase • etc.
DISSEMINATION • April/May each year • CD-ROM • Single or Multiple Users • http://www.statcan.ca/english/research/ 65F0019XIE/market.htm
THE FUTURE • COUNTRY GROUPINGS • COMMODITY CLASSIFICATION- HARMONIZED SYSTEM (HS) 6-DIGIT? • MEDIUM FOR DISSEMINATION • USERS- COMMENTS/SUGGESTIONS
MORE INFORMATION • E-MAIL: trade@statcan.ca • FAX: 1-613-951-0117 • TELEPHONE: 1-800-294-5583 (Toll free)