# 广东省省级精品课程《国际贸易》 Chapter 2 Basic Classification of Foreign Trade and Statistics Index 广东外语外贸大学国际经贸学院 卢立岩 副教授 School of International Trade and Economics,

## Presentation on theme: "广东省省级精品课程《国际贸易》 Chapter 2 Basic Classification of Foreign Trade and Statistics Index 广东外语外贸大学国际经贸学院 卢立岩 副教授 School of International Trade and Economics,"— Presentation transcript:

Chapter: 2 Basic Classification of Foreign Trade and Statistics Index 2.1 Basic Classification of Foreign Trade Foreign Trade can be classify to different type basic on the different ways. Details as follows:

2.1.1 On The Basic of Transit, Foreign Trade can be Classify as:  Export Trade: one country sells its commodities or services to other country.  Import Trade: one country buys commodities or services from other country.  Transit Trade: when country A transit commodities to country B through country C, it is called Transit Trade to country C.

2.1.2 On The Basic of Style of Commodity, Foreign Trade can be Classify to:  Goods Trade: The trading material is tangible. It is the main part in international trade.  Service Trade: The trade is intangible. The services generally include the following categories: wholesale and retail trade, restaurants and hotels, transport, storage, communications, financial services, insurance, real estate, business services, personal services, community services, social services and government services. The amount of service trade grows rapidly in the resent years. It is getting more and more important in the international trade.

2.1.3 On the Basic of Different Standard for what is Import and Export, the Trade can be Classify to:  General Trade: the country calculate its import and export amount as soon as the trading commodities move across its frontier  Special Trade: the country calculate its import and export amount as soon as the trading commodities move across its customs area

2.1.4 On the Basic of Different terms of trade, the Trade can be Classify to:  Direct Trade: the manufacturing country and the consuming country buys and sells the commodities directly.  Indirect Trade: the manufacturing country and the consuming country buys and sells the commodities indirectly through the third party  Entrepot Trade: the indirect trade to the third party

2.2 Statistics Index of Foreign Trade 2.2.1 Value of Trade and Quantum of Trade  Value of Trade: It provides the total value on export and import to a nation or the total value on export to the world. It is accounted on the basic of instant price. The export value of the world The export and import value of China  Quantum of Trade: It provides the total value on export and import to a nation or the total value on export to the world. But It is accounted on the basic of price index.

Value of Trade and Quantum of Trade provide the information on the trading situation to a nation or to the world. The difference between of them is the former is accounted on the basic of instant price which makes it would be affected by the change of price; the latter is accounted on the basic of price index which makes it would not be affected by the change of prices.

2.2.2 Balance of Foreign TradeBalance of Foreign Trade Balance of Foreign Trade: It provides information on the balance of export and import to a nation. It is an important part of Balance of Payment to a nation. When export is over import, it is called Export Surplus; When import is over export, it is called Import Surplus; When export equals to import, it is called the trade under balance.

2.2.3 Net Export and Net Import  Net Export: Export is over import in the same commodity. It shows that this commodity to the nation is more competitive in the world market.  Net Import: Import is over export in the same commodity. It shows that this commodity to the nation is less competitive in the world market.

2.2.4 Composition of Trade  Composition of Trade: It provides information on the percentage of goods and services in the trade. Another important concept is:  Commodity Composition of Trade: It provides information on the percentage of manufactures and the primary products.

2.2.5 Trade by Region  Trade by Region, it is also called Geographical Composition of Trade: It provides information on the ratio of a nation ’ s export and import value to the total trade value in the international market. It shows the importance of a nation in the world market.

2.2.6 Degree of Dependence upon Foreign TradeDegree of Dependence upon Foreign Trade  Degree of Dependence upon Foreign Trade: It is the ratio between Trade Value and GDP. It shows the importance of foreign trade to the domestic economy in a nation.