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Foreign Trade Statistics and Indices

National Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics in Turkey Eyüp Mehmet DİNÇ 10 September 2013 Ankara - Turkey.

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Foreign Trade Statistics and Indices

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  1. National Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics in Turkey Eyüp Mehmet DİNÇ10 September2013 Ankara - Turkey

  2. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Foreign Trade Statistics and Indices • Partner Country • Confidentiality • Specific Treatments • Revision Policy • Data Processing • Dissemination • Foreign Trade Indices • Future Plans • Definition • Historical Background • Trade System • Coverage • Classifications • Data Sources • Periodicity • Valuation

  3. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Definition • "exports" refers to selling goods and services by the residents of the home country to residents of other countries • “imports" refers to buying goods and services by the residents of the home country from residents of other countries • Foreign Trade Statistics (FTS) cover only cross border trade • FTS covers only trading of goods

  4. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Historical Background • TurkStat is responsible for data production, publication and dissemination of external trade statistics since 1933. • Turkey joined the Customs Union with the EU in 1996. Since then Turkish Customs laws and trade statistics have been harmonized with those of EU customs practices. • Turkey is also member of a number of international conventions, such as the revised Kyoto Convention, the Convention on Harmonized System.

  5. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Trade System • Special Trade System (Relaxed definition) • Goods entered the free circulation area are included • Data of free zones, customs warehouses are excluded

  6. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Coverage • Inclusions • Normal exports and imports, • Exports under outward processing regime, • Imports under inward processing regime • Exclusions • Shuttle trade, • Transit trade, • Monetary gold, • Temporary trade, • Banknotes, securities, coins not in circulation and foreign currencies, • Transactions under $100 (statistical threshold)

  7. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Classifications • Commodity Classification: GTIP • Others (SITC, BEC, CPC, CPA, ISIC) • Country Classification: Geonomenclature (3-digit Numerical)

  8. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Data Sources • Single Administrative Documents (SAD) from the Ministry of Customs and Trade • Survey for crude petroleum, natural gas and electricity • Survey for free shops • Survey for aircraft’s stores and supplies abroad (import) • Export records of the Turkish Exporter’s Union • Free zones’ data from the Ministry of Economy • Records for financial leasing from the Banking Regulation and Supervision Agency • Records of the Directorate General of Civil Aviation • Other institutions’ records, licences etc.

  9. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Periodicity Periodicity • Itis published monthly. Timeliness • Time of recording of export and import is either date which goods cross border.

  10. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Valuation • Imports : CIF • Exports : FOB • Currency for Value • US Dollar, Euro, Turkish Lira • All currencies are converted by using Central Bank of the Republic of Turkey daily exchange rates

  11. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Partner Country • Imports: Country of Origin • Country of Consignment • Country of Trading • Exports: Country of Final Destination • Country of Origin • Country of Trading

  12. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey • Passive confidentiality has been used since 2008 • Value, quantity, country, commodity code etc. may be concealed. Confidentiality

  13. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Specific Treatments • Special products (crude petroleum, natural gas, electricity) • Ships/Aircrafts • Ships and Aircrafts stores and supplies • Non-monetary gold • Operational/Financial Leasing • Goods for repair • Goods for processing

  14. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey • Crude Petroleum • Natural Gas • Electricity Specific TreatmentsSpecial products

  15. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Specific TreatmentsShips/Aircrafts • Directorate General of Civil Aviation sends all registers to TurkStat • Records from Banking Regulation and Supervision Agency

  16. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Specific TreatmentsShip‘s/Aircraft’s stores and supplies • Exportdata from Customsdocuments • Import: Conducting a survey for the goods bought abroad by Turkish Carriers by Central Bank (only for aircraft and it is not included in FTS)

  17. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey • Monetary gold should be excluded from trade statistics, while non-monetary gold included • Trader may declare as monetary gold instead of non-monetary gold • System is checking VAT numbers of money authority (Central Bank) • Asking Central Bank for monetary gold Specific TreatmentsMonetary/Non-monetary gold

  18. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Specific TreatmentsGoods for Processing - Goods for Repair • Goods for processing are included in FTS and their processing fee’s are calculated and recorded separately. • Goods for repair are excluded from FTS but their processing fee’s are calculated and recorded separately. • Processing fee’s of both GfP and GfR are sent to the CBRT for BoP statistics.

  19. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Revision Policy • Foreign trade statistics are published temporarily until Y+9. Data may be revised monthly. • The revisions are revealled in the following month’s bulletin. • Only significant changes may be reflected to the precise data after Y+9

  20. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Data Processing Two main programs developed in SAS by TurkStat • SASVUP (For data processing) • SASDAGITIM (For data dissemination)

  21. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Credibility Checks/ Detailed Table • Credibility checks • Flag for error types • Decompose implausible / all transactions

  22. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Corrections • Asking to Customs • Asking to Trader • Experience

  23. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Dissemination • Monthly data are published as News Release within 30-31 days after reference month • Hard Copy & Electronic on www.turkstat.gov.tr • Teletext pages, • Voice Response System, • SMS (3737) • Intranet database (Discoverer/SAS), • Internet (database /excel tables), • Foreign Trade Statistics Yearbook • (Hard Copy/CD-Rom)

  24. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Foreign Trade Indices • History • Indices with the 1968 base year (Quarterly) • Indices with the 1973 base year (Quarterly), • Indices with the 1982 base year (Monthly), • Indices with the 1989 base year (Monthly), • Indices with the 1994 base year (Monthly), • Indices with the 2003 base year (Monthly), • Indices with the 2010 base year (Monthly) • Calculated Indices • Export unit value index ($, TL) • Import unit value index ($, TL) • Export volume index • Import volume index • Terms of trade index ($, TL)

  25. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Foreign Trade Indices • ISIC Rev.3, ISIC Rev.4, BEC, SITC are used • Fischer chain method is used • Issued in the fifth week following the reference month. Disseminated by index series, news releases and web dynamic • Foreign trade indices, calculated by the provisional trade data, are revised for previous year, with a view to reflect updated foreign trade data effect. The revisions, by months, quarters and annualls, are revealled in January bulletin.

  26. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Future Plans • Data production according to General Trade System (2014) • Usage of TARIC codes (2014)

  27. National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Thank you for your attention !!!

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