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Re-exports and re-imports in UN Comtrade. 2 nd Meeting of the Working Party on International Trade in Goods & Services Statistics (WPTGS) OECD, Paris, 16-18 November 2009. Alix de SAINT VAULRY CEPII. How many types of trade flows?. Before COMTRADE on line. In COMTRADE on line. Imports
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Re-exports and re-imports in UN Comtrade 2nd Meeting of the Working Party on International Trade in Goods & Services Statistics (WPTGS) OECD, Paris, 16-18 November 2009 Alix de SAINT VAULRY CEPII
How many types of trade flows? Before COMTRADE on line In COMTRADE on line Imports (including possible re-imports) 2) Exports (including possible re-exports) 3) possible Re-exports (included in Exports) 4) possible Re-imports (included in Imports) Imports 2) Exports 3) possible Re-exports (not included in Exports)
Definitions • In COMTRADE on line Glossary presently: • Re-exports are exports of foreign goods in the same state as previously imported; they are to be included in the country exports • Re-imports are goods imported in the same state as previously exported; they are to be included in the country imports
In the same state According to the countries, different criteria. Usually: no substantial processing, ie (Kyoto convention): • change of tarif heading in a specified nomenclature, with a list of exceptions • list of operations which confer (or not) upon the good the origin of the processing country • ad valorem percentage rule (threshold for the percentage value of the materials utilized or for the percentage of the value added)
Re-imports: mostly intra! • More than 99% of RM come from... the country itself. • Only 9 countries have « extra » RM. • Macao sometimes has up to 10% of its RM coming from the rest of the world. • Afghanistan, Armenia, Chile, Cuba, Moldavia, Aruba, Pakistan and Uganda have no « intra » RM. • Maximum of « extra » RM: 550 million US$ in 2005, half of which (277) for Uganda.
Questions (1) • Re-imports before 2000: • is there no RM in reality? would they begin in 2000? • or were they included in imports? (but no intra seen) • or RM but not counted in imports? • by all means, discontinuity in 2000 • Intra re-imports (coming from the country itself): • problem of definition(s)? • Missing countries: • Singapour, Netherlands, Germany... • do not report to UN their RM and RX • though up to 40% of their M (X)
Questions (2) • Domestic trade: • RX & RM: at least 3% of international trade counted twice (if you want X from China to US, including via HK...) • pb of mirror flows: what do the partners report? • try to isolate domestic trade • but at a detailed level (sectoral and geographical breakdown), • you can remove RM only from M (not from X) • and RX only from X (not for M) • so you get imbalances
Questions (3) • In COMTRADE: • more explanations on RM, in particular why intra? (coming from the country itself) • retropolation for RM before 2000? (detailed by products and partners if possible) • a dream: exhaustive series from 1962 onwards of domestic exports and imports detailed by reporting country, partner and product
Further possible fields of research • RX of HK and USA detailed by partner and product • RM of China detailed by partner and product • Reports of partners • National statistics for HK, USA, China • and other countries (Singapour, Netherlands, Germany...) • Eurostat: definitions, data • Typology of RX and RM (light processing, ...) • depending from the system of trade (table p. 5)
THANK YOU FOR YOUR ATTENTION alix.saint-vaulry@cepii.fr