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| Definition: |
Exports of goods and services – merchandise trade comprise goods leaving the statistical territory of a country.
In the general trade system, the definition of the statistical territory of a country coincides with its economic territory.
In the special trade system, the definition of the statistical territory comprises only a particular part of the economic territory, mainly that part which coincides with the free circulation area for goods. The free circulation area is a part of the economic territory of a country within which goods may be disposed of without Customs restrictions.
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| Context: |
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To promote the comparability of international merchandise trade statistics and taking into account the commercial and data reporting practices of the majority of countries, it is recommended that the statistical value of exported goods be an FOB-type value.
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| Source
Publication: |
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International Merchandise Trade Statistics – Concepts and Definitions, United Nations, 1998, Series F, No. 52, Rev. 2, para. 111- 130.
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| Statistical
Theme: International trade statistics |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Wednesday, October 31, 2007 |
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