gerry brady cso meeting of the enterprise statistics liaison group external trade in goods november...

Gerry Brady CSO

Meeting of the Enterprise Statistics Liaison Group

External Trade in Goods

November 2011

1

Origin of External Trade statistics

Enterprise Statistics Liaison Group

November 2011

Customs declarations are used for statistical purposes as the basic data source for trade with Non-EU Member States. They provide detailed information on exports and imports of goods with a product and geographical breakdown.

The advent of the Single Market on 1 January 1993, with its removal of customs formalities between Member States required the establishment of a new data collections system called Intrastat.

2

Basic Regulations


November 2011

Extrastat Regulation (EC) No 471/2009 of the European Parliament and of the Council of 6 May 2009 on Community statistics relating to external trade with non-member countries

IntrastatRegulation (EC) No 638/2004 of the European Parliament and of the CouncilAmended by : Regulation (EC) No 222/2009

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Intrastat


November 2011

Intrastat system was created seeking two major goals:

to satisfy user needs by providing the same statistical information on trade as before and

at the same time to reduce administrative burden on traders while providing statistical data.

Intrastat is closely linked with the VAT system relating to intra-Community trade in order to ensure completeness and quality of the statistical data.

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Intrastat Thresholds


November 2011

Member States have to ensure that at least 97% of dispatches and 95% of arrivals of trade value to/from the Member States is covered

Traders whose imports from EU countries exceeded €191,000 in 2010 must make a detailed import return each month in 2011.

Traders whose exports from EU countries exceeded €635,000 in 2010 must make a detailed export return each month in 2011.

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Data Collection


November 2011

The VIMA Office of the Revenue Commisioners collects both the intra-EU (survey) and extra-EU trade (daily tranfers from Customs) data.

Before 2011, the CSO surveyed companies operating in the Shannon Free Zone. The CSO survey did not collect full product or partner country detail. Since 2011, VIMA has collected these transactions at full product and partner country detail.

Parcel postParcel post subject to Customs processing and a figure for this is received from VIMA.

The CSO estimates the value of Non-EU goods that are imported or exported by parcel post and not recorded by Customs.

6

Reporting Deadlines


November 2011

National requirementTraders must furnish the data to VIMA not later than the 10th working day after the reference month.

EU Requirements

Member States must provide Eurostat with intra- and extra-EU aggregated statistics within 40 days after the reference month.

For detailed statistics the deadlines are 42 days for extra-EU statistics and 70 days for intra-EU statistics.

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2012 Data Collection Changes


November 2011

The required date for traders to make a return will be extended from the 10th working day to not later than 23 days after the reference month.

This will align the return date with VIES and VAT facilitating traders to make better quality returns.

Traders will be obliged to make their returns electronically using ROS (paper returns are expensive to process and were subject to a high level of error in terms of human transposition).

CN unit value checks will be incorporated into the ROS upload allowing traders to verify unit values based on values set by the CSO.

8

VAT Returns


November 2011

All VAT traders are required to record the value of goods imported from and exported to other EU Member States.

These returns are used for:

estimating the value for traders below the Intrastat thresholds

estimating for non-response

compiling a register of Traders

Identifying traders required to make detailed returns

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Intrastat Response Burden


November 2011

EU and national strategy aims to reduce the administrative burden on businesses caused by the requirements of public administration.

The statistical burden accounts for a relatively small part of the total administrative burden in the Member States.

The Intrastat reporting burden forms a significant proportion of all statistical reporting obligations on businesses.

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Exclusions

EnterpriseStatistics Liaison Group

November 2011

Services are included in Balance of Payments

Customised software refers to software that is developed to order for a particular client and made to special requirements

Software supplied which does not involve a physical exchange of goods

Software downloaded from the Internet.

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Information collected


November 2011

Month VAT number CN product code (8 digits) SITC code (5 digits, derived from CN) Invoice value Statistical value Net mass (kg) Supplementary unit (number/quantity) EU / Non-EU Partner country Country of consignment Delivery terms (CIF, FOB etc.) Nature of transaction (sale, purchase, returns, repairs etc.) Mode of transport (Extrastat, sea, air, etc.) Port of entry/exit (Extrastat) Invoice currency (Extrastat) Type (imports/exports)

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VAT Register Variables


November 2011

VAT number ABT company ID ABT group code Revenue activity code Trader name Address VAT return requirements Date company added/cancelled Return under Group VAT number

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Invoice value


November 2011

Invoiced amount is the value of the goods indicated on the invoice.

Transport and insurance costs which are part of the contract price should be included.

VAT and Excise duties (on alcohol, tobacco and hydrocarbon oils) should be excluded.

Currency conversion shall be made if the value is stated in a foreign currency.

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Statistical Value


November 2011

Statistical value, delivery terms and mode of transport are required only from traders with imports of over €5m or exports of over €34m.

The statistical value for exports shall be a FOB-type value (free on board) which means the value of the goods as they leave the territory of the Member State reporting the dispatch.

The statistical value for imports shall be a CIF-type value (cost, insurance, freight). This means the value of the goods when they enter the territory of the Member State reporting the arrival.

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Number of CN Codes


November 201116

Year Creations Deletions Total Evolution CN Codes

2002 780 654 1434 126 10400

2003 19 15 34 4 10404

2004 273 503 776 -230 10174

2005 97 175 272 -78 10096

2006 486 740 1226 -254 9842

2007 917 1039 1956 -122 9720

2008 75 96 171 -21 9699

2009 127 257 384 -130 9569

2010 180 306 486 -126 9443

2011 132 281 413 -149 9294

2012 907 818 1,725 89 9383

Data Editing


November 2011

Prior to 2011 VIMA were responsible for a large amount of micro data editing. The CSO provided VIMA with guideline CN unit values to assist in this work.

In January 2011 the CSO took over primary responsibility for all editing of the data not validated by the Trader (VIMA still undertake some initial editing e.g. valid CN code etc.).

VIMA now focus their queries on the quality of the large traders data and on unusual transactions. They only amend data if the trader provides corrections.

Much of the CSO editing is focused on amending the net mass and supplementary values in cases where the unit values are extremely high or low.

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Volume and Price Indices


November 2011

Calculation methodology

The monthly price (unit value) index measures monthly price trends relative to the annual levels in the preceding year using value weights relating to that year’s trade (Laspeyres index).

The annual index is compiled using value weights for both the current and previous year (Fisher index) to allow for changes in the structure of external trade.

Difficulties

Wide variations in unit prices both within a CN and within related CNs.

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Consistency of Goods Data across CSO


November 2011

A Large Cases Unit was established in 2010 to ensure that the various CSO Divisions used consistent data for the very large enterprises.

There are quarterly meetings held and some adjustments are made to the returns from VIMA for a small number of very large enterprises to align the data with Balance of Payments data for trade in goods.

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Monthly Trade release


November 2011

Issues 7 weeks after reference month

Value of trade Volume and Price indices Terms of trade Seasonally adjusted series Value by SITC division Value by partner country Value by partner country and SITC Section

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Detailed monthly Trade publication


November 2011

Table 1 Summary of trade, € and Indices Table 2 Seasonally adjusted series, € and Indices Table 3 Imports by Main use, € and % Table 4 Imports by Main use and Area of origin, € Table 5 Exports by Industrial origin, € and % Table 6 Exports by Industrial origin & Destination, € Table 7 Trade by Area, € Table 8 Trade by Area: % distribution Table 9 Trade by country, € Table 10 Trade by SITC Section and Division, € Table 11 Trade by Division and Country, € Table 12 Trade by Country and Division, € Table 13 Imports by 5-digit SITC & Country, € & Tonnes Table 14 Exports by 5-digit SITC & Country, € & Tonnes

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Trade Helpdesk and Statbank


November 2011

The CSO data bank contains a large amount of trade data,

http://www.cso.ie/px/pxeirestat/Database/eirestat/Trade/Trade_statbank.asp?SP=Trade&Planguage=0

The Trade Helpdesk provides a special queries facility.

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http://www.cso.ie/px/pxeirestat/Database/eirestat/Trade/Trade_statbank.asp?SP=Trade&Planguage=0

Goods and Services in 2010


November 2011

Value of Trade in Goods and Services 2010

€billion

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Type Exports Imports

Goods €89.2b €45.8b

Services €73.8b €80.9b

Total Goods Trade 2010


November 2011

Value of Total Goods Trade 2010VAT number value size class

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Class Vat numbers

Exports Vat numbers

Imports

<€100,000 17,384 €196m 47,332 €583m

< €1m 2,783 €872m 7,187 €2,285m

< €100m 1,378 €14,399m 2,886 €21,979m

€100m + 116 €72,765m 64 €19,590m

Total 21,661 €88,232m 57,469 €44,437m

Intra-EU Goods Trade 2010


November 2011

Value of Intra-EU Goods Trade 2010 (excludes estimates)VAT number value size class

25

Exports Imports

Class Vat numbers

€m Vat numbers

€m

<€100,000 101 €4m 875 €41m

< €1m 563 €290m 3,758 €1,531m

< €100m 1,169 €12,534m 2,405 €17,331m

€100m + 72 €36,999m 37 €9,509m

Total 1,905 €49,827m 7,075 €28,412m

Exports 2010: VAT numbers and Value


November 201126

Class Vat numbers

Exports €million

Value per trader

USA 1,796 20,761 €11.6m

Great Britain 1,611 11,977 €7.4m

Germany 835 5,948 €7.1m

France 798 4,391 €5.5m

Switzerland 800 3,557 €4.4m

Spain 590 3,306 €5.6m

Netherlands 756 3,015 €4.0m

Italy 606 2,626 €4.3m

China 1,004 2,494 €2.5m

Exports of Goods to Poland and China 2004-2010


November 201127

Year Vat numbers

Exports Vat numbers

Exports

Poland China

2004 504 €279m 560 €639m

2005 345 €280m 593 €910m

2006 370 €400m 599 €875m

2007 396 €567m 574 €1,320m

2008 393 €723m 494 €1,609m

2009 411 €601m 624 €1,633m

2010 415 €558m 748 €1,672m

Non-EU Trade: Currency used in Trade with USA


November 201128

Flow Currency 2010 2011 (to Sep)

Imports Euro 16% 9%

Dollar 81% 88%

Missing 3% 3%

Exports Euro 12% 6%

Dollar 88% 94%

Missing 0% 1%

Linking Business Statistics to trade


November 2011

Business data can be linked to External Trade data via the VAT number.

The CSO Business Register contains a companies enterprise number and VAT number.

Larger companies would be surveyed in the Census of Industrial production. This survey collects data on employment, turnover, etc.

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Dissemination plans


November 2011

More web based dissemination Allow users to make their own tables Incorporate a business view of the data Thematic reports (markets, products etc.) Invoice currency

Business view Nationality of traders Number of traders by market and commodity Product diversification among traders Linkage to PRODCOM and Census of Industrial Production Linkage with Service Exports and Imports

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gerry brady cso meeting of the enterprise statistics liaison group external trade in goods november...

Documents

intraeu statistics

detailed statistics

extraeu statistics

community statistics

extraeu aggregated statistics

customs data

eu countries

statistical data