Re-exports and re-imports in UN COMTRADE RE-EXPORTS AND RE-IMPORTS IN UN COMTRADE 2nd Meeting of the Working Party on International Trade in Goods & Services Statistics (WPTGS) OECD, Paris, 16-18 November 2009 Alix de SAINT VAULRY CEPII 1 Re-exports and re-imports in UN COMTRADE How many types of trade flows? Before COMTRADE on line In COMTRADE on line 1) Imports 1) Imports (including possible re-imports) 2) Exports 2) Exports (including possible re-exports) 3) possible Re-exports (not included in Exports) 3) possible Re-exports (included in Exports) 4) possible Re-imports (included in Imports) 2 Re-exports and re-imports in UN COMTRADE Definitions • In COMTRADE on line Glossary presently: • Re-exports are exports of foreign goods in the same state as previously imported; they are to be included in the country exports • Re-imports are goods imported in the same state as previously exported; they are to be included in the country imports 3 Re-exports and re-imports in UN COMTRADE In the same state According to the countries, different criteria. Usually: no substantial processing, ie (Kyoto convention): • change of tarif heading in a specified nomenclature, with a list of exceptions • list of operations which confer (or not) upon the good the origin of the processing country • ad valorem percentage rule (threshold for the percentage value of the materials utilized or for the percentage of the value added) 4 Re-exports and re-imports in UN COMTRADE Depending on the system of trade Customs Procedure General Relaxed Special Strict Special Clearance for home use Re-importation in the same state Outright exportation Free zones Customs warehouses M RM X M & (X or RX) M & (X or RX) M RM X - Customs transit Transshipment Carriage of goods coastwise Inward processing Outward processing Drawback Processing of goods for home use Temporary admission M & (X or RX) X & (M or RM) M & (X or RX) M - M RM X M & (X or RX) in the case of industrial free zones M & (X or RX) X & (M or RM) M & (X or RX) M - 5 Adjustment M M - 120 100 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Re-exports and re-imports in UN COMTRADE How many reporting countries? Number of Reporting Countries 180 160 140 nM nX 80 60 nRX 40 20 nRM 0 Source: UN COMTRADE 13/10/2009 6 Re-exports and re-imports in UN COMTRADE Percentage of countries reporting re-exports and re-imports Number of Countries Reporting Re-exports and Re-imports / resp. Exports and Imports 35% 30% 25% nRX / nX 20% 15% nRM / nM 10% 5% 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 0% Source: UN COMTRADE 13/10/2009 7 Re-exports and re-imports in UN COMTRADE Part of RX and RM in World Trade Re-exports/Exports and Re-imports/Imports 5.0% 4.5% 4.0% 3.5% 3.0% RX / X 2.5% 2.0% 1.5% 1.0% RM / M 0.5% 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 0.0% Source: UN COMTRADE 13/10/2009 8 Re-exports and re-imports in UN COMTRADE Re-imports: mostly intra! • More than 99% of RM come from... the country itself. • Only 9 countries have « extra » RM. • Macao sometimes has up to 10% of its RM coming from the rest of the world. • Afghanistan, Armenia, Chile, Cuba, Moldavia, Aruba, Pakistan and Uganda have no « intra » RM. • Maximum of « extra » RM: 550 million US$ in 2005, half of which (277) for Uganda. 9 Re-exports and re-imports in UN COMTRADE Re-imports: mostly China! Part of RM in World Trade Part in World Re-imports 90% 9 80% 8 China 60% China 50% United Kingdom 40% France 30% Thailand 20% Canada UK France Ireland Malaisia thousandths of World Trade World 70% 7 6 5 4 3 2 10% 1 0% 0 Source: UN COMTRADE 13/10/2009 China Source: UN COMTRADE 13/10/2009 10 Re-exports and re-imports in UN COMTRADE Re-exports: Hong Kong, USA and others Re-exports in World Trade 35 25 Hong Kong Hong Kong 20 USA UAE Canada 15 USA United Kingdom Bahamas 10 Australia Malaisia 5 Source: UN COMTRADE 13/10/2009 11 2008 2006 2004 2002 2000 1998 1996 1994 1992 1990 1988 1986 1984 1982 1980 1978 1976 1974 1972 1970 1968 1966 1964 0 1962 thousandths of World Trade 30 Re-exports and re-imports in UN COMTRADE Questions (1) • Re-imports before 2000: – – – – is there no RM in reality? would they begin in 2000? or were they included in imports? (but no intra seen) or RM but not counted in imports? by all means, discontinuity in 2000 • Intra re-imports (coming from the country itself): – problem of definition(s)? • Missing countries: – Singapour, Netherlands, Germany... – do not report to UN their RM and RX – though up to 40% of their M (X) 12 Re-exports and re-imports in UN COMTRADE Questions (2) • Domestic trade: – RX & RM: at least 3% of international trade counted twice (if you want X from China to US, including via HK...) – pb of mirror flows: what do the partners report? – try to isolate domestic trade – but at a detailed level (sectoral and geographical breakdown), – you can remove RM only from M (not from X) – and RX only from X (not for M) – so you get imbalances 13 Re-exports and re-imports in UN COMTRADE Questions (3) • In COMTRADE: – more explanations on RM, in particular why intra? (coming from the country itself) – retropolation for RM before 2000? (detailed by products and partners if possible) – a dream: exhaustive series from 1962 onwards of domestic exports and imports detailed by reporting country, partner and product 14 Re-exports and re-imports in UN COMTRADE Further possible fields of research • • • • • RX of HK and USA detailed by partner and product RM of China detailed by partner and product Reports of partners National statistics for HK, USA, China and other countries (Singapour, Netherlands, Germany...) • Eurostat: definitions, data • Typology of RX and RM (light processing, ...) • depending from the system of trade (table p. 5) 15 Re-exports and re-imports in UN COMTRADE THANK YOU FOR YOUR ATTENTION alix.saint-vaulry@cepii.fr 16