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Dissemination Standards Bulletin Board
Special Data Dissemination Standard
(AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)
 
Flag of Euro Area Euro Area
Merchandise trade
Last Posted: Nov-8-2006
Last Updated: Nov-8-2006

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Unit F2 - International trade,
European Statistical Data Support: http://epp.eurostat.cec.eu.int/pls/portal/url/page/PGP_DS_SUPPORT,
Eurostat, Statistical Office of the European Communities,
L-2920 Luxembourg

Dissemination Formats
Summary Methodology

Access National Summary Data Page

Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics

5.1.1 Statistical presentation

Main components: Data record the monthly trade between Member States in terms of arrivals and dispatches of goods as well as the monthly trade in terms of imports and exports between Member States and non member countries. However, in publications only the term “exports” for all outward flows and “imports” for all inward flows is applied for both intra-EU trade and extra-EU trade. Extra-EU trade imports are recorded at the frontier country where the goods are placed under the customs procedures. Extra-EU trade statistics do not record exchanges involving goods in transit, placed in a customs warehouse or given temporary admission.

External trade statistics cover both extra- and intra-EU trade: Extra-EU trade statistics cover the trading of goods between a Member State and a non-member country. Intra-EU trade statistics cover the trading of goods between Member States. "Goods" means all movable property including electric current. External trade Euro-Indicators are published for the Euro-zone, the European Union (EU-25 and EU-15) and for each Member State separately.

The following basic information is provided by Eurostat:

-  reporting country,
-  reference period,
-  trade flow,
-  product,
-  trading partner.
-  mode of transport.

Detailed data are disseminated according to the Combined Nomenclature (HS2, HS4, HS6 and CN8 levels) for the following indicators:

-  trade value (in 1000 Euro),
-  trade quantity in 100 kg,
-  trade quantity in supplementary units (published for some goods according to the Combined Nomenclature).

Aggregated data cover both short and long term indicators.
Short term indicators are disseminated according to major SITC and BEC groups for the following indicators:

-  gross and seasonally adjusted trade value (in million Euro),
-  unit-value indices,
-  seasonally adjusted volume indices,
-  growth rates of trade values and indices.

Long term indicators are disseminated according to major SITC groups for the following indicators:

- trade value (in billion Euro),
- shares of Member States in EU and world trade,
- shares of main trading partners in EU trade,
- volume indices.

 

Adjustments are applied by the Member States to compensate the impact of exclusion thresholds exempting the information providers from statistical formalities, as well as, to take into account the late or not response of the providers. In addition, Eurostat applies seasonal adjustments to aggregated time series included in the Euro-Indicators.

Metadata in SDDS format are also available on Eurostat website at: http://europa.eu.int/estatref/info/sdds/en/ext/ext_base.htm and 
http://europa.eu.int/estatref/info/sdds/en/ext/ext_sm.htm

Periodicity

4.1.1 Periodicity

Detailed data: Monthly and annual

Aggregated data: Monthly (short term indicators) and annual (long term indicators)

Timeliness

4.1.2 Timeliness

Publication deadlines:

First results (including estimates) on Euro-zone and EU trade balances are published on line around 50 days after the reference month in the external trade euro-indicators news release (see “Advance dissemination of release calendar” below).

Detailed data: The latest supplied detailed data (updates and revisions) are published at the date of the monthly press release.

-  Aggregated data: Short term indicators are updated on a monthly basis at the date of the press release. They include all data published in the euro-indicators news release. Long term indicators are updated generally once a year when complete results are available for the last reference year.

Access by the Public
Advance dissemination of
release calendar

5.1.3 Advance release calendar

The precise date of the monthly release for external trade data is disseminated on the Eurostat website.

An Advance Release Calendar is also available on the Euro Area page of the DSBB.

Simultaneous release to all
interested parties

5.1.4 Simultaneous release

Data are disseminated simultaneously to all interested parties through a database update and on Eurostat's website.
Integrity
Dissemination of terms and
conditions under which
official statistics are
produced, including those
relating to the confidentiality
of individually identifiable
information

0.1.1 Responsibility for collecting, processing, and disseminating statistics

Eurostat

Rules on statistical compilation

Council Regulation (EC) N° 322/97 of 17 February 1997 on Community Statistics (OJ N° L 52/1) sets the rules for General provisions, the Community statistical program and its implementation, Principles, Dissemination, Statistical confidentiality and Final provisions.

Merchandise trade

Extra-EU trade legislation: Statistics relating to the trading of goods by the Community and its Member States with non-member countries are based on Council Regulation N° 1172/95 (consolidated version) and Commission Regulation (EC) No 1917/2000. (consolidated version).

Intra-EU trade legislation: Statistics relating to the trading of goods between Members States are based on Regulation (EC) No 638/2004 of the European Parliament and of the Council, and Commission Regulation (EC) No 1982/2004 (consolidated version).

0.1.3 Confidentiality of individual reporters' data

Eurostat

Council Regulation (CE) No 322/97 of 17 February 1997 (OJ No L 52/1) and Council Regulation (EURATOM, EEC) no 1588/90 of 11 June 1990 on the transmission of the data subject to statistical confidentiality to the Statistical Office of the European Communities (OJ No L 151/ 1) stipulates the detailed rules used for receiving, processing and disseminating the confidential data.

Merchandise trade

Confidential Data

The criteria determining which statistical data are considered confidential are fixed by each Member State in the light of national legislation or practice. For foreign trade statistics, Member States generally apply the principle of 'passive confidentiality', i.e. they take suitable measures at the request of importers or exporters who feel that their interests would be harmed by the dissemination of the data.

Two types of data can be made confidential in connection with a Member State's trade: the CN product code and the partner country code. A Member State may decide to make all or part of a product code confidential. If a Member State wishes to conceal the destination or the source (origin) of a product, the code of the partner country is replaced by a 'secret country' code. The application of 'trading partner confidentiality' does not preclude product confidentiality.

1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination

A complete pool of texts regarding Community legislation in the field of external trade statistics is published by Eurostat and all legal texts of the Community are accessible on Eur-Lex.

Identification of internal
government access to data
before release
 
Identification of ministerial
commentary on the occasion of
statistical releases
 
Provision of information
about revision and advance
notice of major changes in
methodology

4.3.1 Revision schedule

Data are revised frequently according to national needs and practices. They become final from six months up to possibly three years after the reference period (depending on the Member State).

Revision policy

Early versions of data sent to Eurostat by Member States are inevitably subject to revision mainly due to late response. Eurostat makes the revisions available in its monthly updates as soon as they were transmitted by the Member States.

1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques.

Major methodological changes imply changes in respective community regulations and are published in the Official Journal of the European Communities.
Quality
Dissemination of
documentation on methodology
and sources used in preparing
statistics

5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques

  • A user guide on Statistics on the trading of goods (PDF) is available from the web site.

  • The guide describes the basic methodology and data sources used for the compilation of Community statistics on the trading of goods. It also provides some information on the differences between EU statistics and those published by Member States and international organisations. The publication is aimed at the general user of external trade statistics and does not require a specialist background to be understood.

5.2.2 Disseminated level of detail

Metadata in SDDS format are also available on Eurostat website at: http://europa.eu.int/estatref/info/sdds/en/ext/ext_base.htm and
http://europa.eu.int/estatref/info/sdds/en/ext/ext_sm.htm



(See also summary methodology)
Dissemination of component
detail, reconciliations with
related data, and statistical
frameworks that support
statistical cross-checks
and provide assurance of
reasonableness

4.2.1 Internal consistency

In addition to the Euro-Indicators, detailed and aggregated data are available in the “EXTERNAL TRADE” domain. For further information, please consult the explanatory texts linked to the External Trade Short-term indicators.

4.2.2 Temporal consistency

For EU-15 (as aggregate and for each Member State) and Euro-zone since:

- January 1995 for detailed data,
- January 1989 for short term indicators,
- 1990 for long term indicators.

For EU-25 (as aggregate and for each Member State) since January 1999

.

4.2.3 Intersectoral and cross-domain consistency

Methodological Differences and Sources of Error

The user of external trade statistics should be aware of certain problems such as categories of goods where there are particular difficulties of data collection, data discontinuities, and specific policies on data dissemination.

Discrepancies between EU and national figures

There are differences between the methodology applicable to external trade statistics published by Eurostat (known as EU figures) and those published by Member States. The main sources of conceptual differences between national and EU figures are:

- Different treatment of goods in transit

- Certain Member States use a general trade system completely for their national figures while providing data on a special trade basis to Eurostat;

- Partner country for imports: One Member State provides data for their imports to Eurostat on a country of origin basis but publishes them at national level on a country of consignment basis;

-  Partner country for arrivals: Certain Member States provide data to Eurostat on a country of consignment basis but they use the country of origin as criterion for their national figures.

Between EU and international sources

Data management problems are regarded as major contributory factors to the differences between EU figures and other international sources. These problems usually arise from the following issues:

- Member States send also their trade statistics to UN, OECD or IMF. The differences that exist between data published by Eurostat and those published by Member States will therefore exist between Eurostat data and that published by these other international organisations;

- The revisions issue: The national practices in revising data to correct past estimates are complex and vary between Member States as does their practice in providing revisions to Eurostat and other international organisations;

- Conversion Methods: Methods to convert national data into a common currency – euro for EU figures, dollars for other sources – may be different (monthly, quarterly, annually conversion).

 
Footnotes
Last posted: Date IMF staff last posted an update to these metadata on the DSBB.
Last certified: Date subscriber last officially certified the accuracy of these metadata.
Last updated: Date subscriber last submitted an update of these metadata to the IMF.

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