International Trade Presented to the DLI/ACCOLEDS by Sharon Nevins, Nadine Lacroix LET US BRING YOU THE WORLD! Import the facts. Export your knowledge.
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Presentation on theme: "International Trade Presented to the DLI/ACCOLEDS by Sharon Nevins, Nadine Lacroix LET US BRING YOU THE WORLD! Import the facts. Export your knowledge."— Presentation transcript:
International Trade Presented to the DLI/ACCOLEDS by Sharon Nevins, Nadine Lacroix LET US BRING YOU THE WORLD! Import the facts. Export your knowledge
2 Agenda l About International Trade Division l About ITD trade data l Products and services l Trade data on www.statcan.ca l Discussion
3 International Trade Division Mandate: l To compile, analyze and disseminate –consistent, integrated and timely estimates of Canada’s merchandise exports and imports –by partner country and commodity groups –as well as price and volume indices on imports and exports l Primarily for the purposes of the System of National Accounts (SNA), Bank of Canada and Finance Department as well as other users such as the provincial statistical offices and other government departments.
4 Our program Primary objective of the Canadian international merchandise trade statistical program l To measure the change in the stock of material resources of the country resulting from the movement of merchandise into or out of Canada l Services are not included
5 Source of ITD trade data Imports –Canada Border Service Agency –National Energy Board (via MCED) Exports –Canada Border Service Agency –U.S. Census Bureau –U.S. Customs Border Protection –Canadian Automated Export Declaration –National Energy Board –Canadian Wheat Board –Canadian Grain Commission
6 Coverage l Merchandise trade should record goods that add to, or subtract from, the material resources of Canada l CBSA records all goods that come into, or leave Canada l Inclusions and exclusions - not everything that enters or leaves affects Canada’s stock of material resources
7 Timeliness l The reference period is the calendar month and the calendar year l Published trade data is available approximately 42 days following the end of a reference month l Revision policy allows revisions for up to 4 years
8 Customs vs. Balance of Payments l Customs based data refers to trade statistics based on data collected by a Customs agency l Balance of Payment (BoP) data are derived from Customs based data and adjusted to better conform with Systems of National Accounts requirements and principles
9 Classification Systems l Classification systems are used as a basic analytical tool to classify goods, industries and geographic areas. E.g. Commodity: HS, SEG/SIG Industry: NAICS, SIC
10 Harmonized System l Started in 1988 l International commodity 6 digit classification system l Commodities are classified according to their principal component material
11 Import HS l Canadian version adds 4 digits to the 6 digit international code l Approximately 19,000 10 digit HS codes l 7th and 8th digit - tariff purposes l 9th and 10th digit - statistical purposes l In 2006, 57,783,583 import lines were processed
12 Exports HS l Canadian version adds 2 digits to the 6 digit international code l Approximately 6,000 8 digit HS codes l 7th and 8th digit - statistical purposes l In 2006, 14,929,665 export lines were processed
13 Quantity l Not all codes have quantities. Coverage is: – HS 6 digit level: l Imports - 82% l Exports - 72% – HS 8/10 digit level: l Imports - 80% l Exports - 67%
14 Data releases l Monthly, quarterly, annual data l Press lock-up l Dates established in advance with U.S. l The Daily – 65-00165-001 –Balance of Payment basis –Analysis by SEG/SIG –Constant and current dollars
15 Publications l 65-208 International Merchandise Trade Annual Review 65-208 l 65-209 Canadian Export Classification 65-209 l 65-506 A Profile of Canadian Exporters 65-506 l 65-507 Canadian Trade Review 65-507
16 Trade data on www.statcan.ca l Imports and exports module Imports and exports module l Statistics by Subject Statistics by Subject l CANSIM CANSIM
17 Discussion l Use of trade data l Feedback on Country Trade Profiles l Feedback on Country Statements
18 How to reach us ITD Client Services Unit: –Hours of operation: 7:30 to 16:30 (EST) –1 800 294-5583 –firstname.lastname@example.org@statcan.ca
19 Interesting Facts l Between 1995 and 2006 Canada’s exports increased by 68% l Canada’s exports to the United States grew by 73% for the same period.