New Estimates for Direction of Trade Statistics

New Estimates for Direction of Trade Statistics PDF Author: Mr.Marco Marini
Publisher: International Monetary Fund
ISBN: 148433910X
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
In March 2017, the IMF published an upgrade of its Direction of Trade Statistics (DOTS) dataset. This paper documents the new methodology that has been developed to estimate missing observations of bilateral trade statistics on a monthly basis. The new estimation procedure is founded on a benchmarking method that produces monthly estimates based on official trade statistics by partner country reported at different times and frequencies. In this paper we describe the new estimation methodology. Additional data sources have also been incorporated. We also assess the impact of the new estimates on trade measurement in DOTS at global, regional, and country-specific levels. Finally, we suggest some developments of DOTS to strenghten its relevance for IMF bilateral and multilateral surveillance.

New Estimates for Direction of Trade Statistics

New Estimates for Direction of Trade Statistics PDF Author: Mr.Marco Marini
Publisher: International Monetary Fund
ISBN: 148433910X
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
In March 2017, the IMF published an upgrade of its Direction of Trade Statistics (DOTS) dataset. This paper documents the new methodology that has been developed to estimate missing observations of bilateral trade statistics on a monthly basis. The new estimation procedure is founded on a benchmarking method that produces monthly estimates based on official trade statistics by partner country reported at different times and frequencies. In this paper we describe the new estimation methodology. Additional data sources have also been incorporated. We also assess the impact of the new estimates on trade measurement in DOTS at global, regional, and country-specific levels. Finally, we suggest some developments of DOTS to strenghten its relevance for IMF bilateral and multilateral surveillance.

The Atlas of Economic Complexity

The Atlas of Economic Complexity PDF Author: Ricardo Hausmann
Publisher: MIT Press
ISBN: 0262317737
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Direction of Trade Statistics, December 2018

Direction of Trade Statistics, December 2018 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484354389
Category : Business & Economics
Languages : en
Pages : 694

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Book Description
Direction of Trade Statistics, December 2018

Direction of Trade Statistics - March 2018

Direction of Trade Statistics - March 2018 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484341988
Category : Business & Economics
Languages : en
Pages : 669

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Book Description
This quarterly issue of Direction of Trade Statistics (DOTS) provides tables with current reported data (or estimates) on the value of merchandise trade statistics (exports and imports) by partner country for all IMF member states and other nonmember countries. Summary tables are also presented for the world and major areas. DOTS republish monthly, quarterly, and annual trade statistics as submitted by countries to the IMF. Furthermore, reported data are supplemented by estimates whenever such data are not current or are not available on a monthly basis. Monthly estimates are consistent with quarterly and annual reported data, when available. The quarterly issues (DOTSQ) and the yearbook (DOTSY) present figures for the most recent quarters and years, respectively. Estimation occurs if a reporting country does not report trade with its partners for a specific period. Data are estimated for all partners. In the absence of some or all the monthly DOTS, quarterly or annual reported DOTS are used.

Direction of Trade Statistics - March 2017

Direction of Trade Statistics - March 2017 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 147556340X
Category : Business & Economics
Languages : en
Pages : 779

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Book Description
This paper discusses the coverage of Direction of Trade Statistics (DOTS) is augmented by using trade statistics available from other international organizations. Monthly data for all European Union member countries are sourced from the COMEXT database maintained by EUROSTAT. Annual data reported to the United Nations COMTRADE database are incorporated in DOTS for countries that do not report to the IMF. Furthermore, the availability of partner data makes it possible to calculate estimates of countries for which data are not obtainable from other sources. Estimation occurs if a reporting country does not report trade with its partners for a specific period. Data are estimated for all partners. In the absence of some or all of the monthly DOTS, quarterly or annual reported DOTS are used. Because imports are valued on a cost, insurance, and freight (CIF) basis and exports on a free on board (FOB) basis, the data are adjusted for the cost of freight and insurance.

Direction of Trade Statistics, June 2018

Direction of Trade Statistics, June 2018 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484354338
Category : Business & Economics
Languages : en
Pages : 678

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Book Description
This quarterly issue of Direction of Trade Statistics (DOTS) provides, for about 160 countries, tables with current data (or estimates) on the value of imports from and exports to their most important trading partners. The yearbook and quarterly issues of the DOTS publication provide tables with current reported data (or estimates) on the value of merchandise trade statistics (exports and imports) by partner country for all IMF members. In addition, similar summary tables for the world, industrial countries, and developing countries are included. The yearbook provides, for the most recent seven years, detailed trade data by country for approximately 184 countries, the world, and major areas. Other countries may report monthly data that are less current, or the information may be compiled and made available in quarterly or annual frequency. For some countries, the data reported to the United Nations Statistical Division also have been used. Estimation occurs if a reporting country does not report trade with its partners for a specific period. In order to provide guidance regarding the sources of the figures for individual countries, figures in the country, world, and area pages are shown with symbols to the right of the figure.

Direction of Trade Statistics Yearbook, 2018

Direction of Trade Statistics Yearbook, 2018 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484329872
Category : Business & Economics
Languages : en
Pages : 742

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Book Description
This paper discusses that shipments to and from free-trade zones and bonded warehouses, exclusion of military and other confidential items and government goods, value thresholds for customs registration of shipments, returned goods, and other goods missed by customs (or surveys) are examples of coverage differences that can result in inconsistencies. As a result of reporting and processing lags, trade data for a given period are often released before all customs documents for the period have been processed. These data are sometimes not revised, or, if data are revised, errors are nevertheless made in assigning the date on which goods are shipped or received and the late data are assigned to the wrong month, quarter, and/or year. Errors can also be made in assigning a destination to exports and an origin to imports during customs clearances, or in cases when the ultimate destination is changed after the initial consignment during transshipment, the change is not incorporated into published statistics via the release of revised data.

Direction of Trade Statistics, June 2017

Direction of Trade Statistics, June 2017 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1475571739
Category : Business & Economics
Languages : en
Pages : 665

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Book Description
This paper discusses the coverage of Direction of Trade Statistics (DOTS) is augmented by using trade statistics available from other international organizations. Monthly data for all European Union member countries are sourced from the COMEXT database maintained by EUROSTAT. Annual data reported to the United Nations COMTRADE database are incorporated in DOTS for countries that do not report to the IMF. Furthermore, the availability of partner data makes it possible to calculate estimates of countries for which data are not obtainable from other sources. Estimation occurs if a reporting country does not report trade with its partners for a specific period. Data are estimated for all partners. In the absence of some or all of the monthly DOTS, quarterly or annual reported DOTS are used. Because imports are valued on a cost, insurance, and freight (CIF) basis and exports on a free on board (FOB) basis, the data are adjusted for the cost of freight and insurance.

Direction of Trade Statistics, December 2017

Direction of Trade Statistics, December 2017 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484328418
Category : Business & Economics
Languages : en
Pages : 665

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Book Description
This paper outlines data that are estimated for all partners. In the absence of some or all of the monthly Direction of Trade Statistics (DOTS), quarterly or annual reported DOTS is used. Annual reported data to the UN COMTRADE database are treated as reported to the IMF. When only annual or quarterly data are available, the monthly trade between country A and B is distributed over the relevant months using the following information (in order of priority): the monthly value of the partner trade reported by country B; the monthly total value of imports and exports reported in the IMF’s International Financial Statistics (IFS) by country A; or the monthly value of trade that all other partner countries have reported with country A for the specific month. The monthly distribution is done through a time-series procedure that reproduces at the best the month-to-month changes of the information available at the monthly level and, simultaneously, produces estimates that are consistent with quarterly or annual data reported by countries. Estimates are computed for months, and then quarterly and annual totals are obtained by summation.

Direction of Trade Statistics, September 2018

Direction of Trade Statistics, September 2018 PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484354362
Category : Business & Economics
Languages : en
Pages : 686

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Book Description
Direction of Trade Statistics, September 2018