Measuring re-exports Jasper Roos CBS / Statistics Netherlands Unit International trade Re-exports vs domestic exports Difference in economic impact Role: Re-exports – Only distribution and / or.
Download ReportTranscript Measuring re-exports Jasper Roos CBS / Statistics Netherlands Unit International trade Re-exports vs domestic exports Difference in economic impact Role: Re-exports – Only distribution and / or.
Measuring re-exports Jasper Roos CBS / Statistics Netherlands Unit International trade 1 Re-exports vs domestic exports Difference in economic impact Role: Re-exports – Only distribution and / or trade Exports from domestic production – Also production 2 Re-exports Ways to define re-exports – – – – Origin criteria Value added Change of goods - Description Change of goods - Change of product code Decision: Change on 6-digit Harmonized System-code ? => no re-exports 3 Estimating re-exports (1) Supply and use tables P + M = C + I + IC + E 4 Estimating re-exports (1) Supply and use tables P + M = C + I + IC + E P + M = C + I + IC + Eimport + Eprod. 5 Estimating re-exports (2) Statistical procedure Statistical procedure: – Additional variable in the Netherlands – Specification of the trade flow Gives underestimation – Unfamiliarity + discussion about the definition of re-exports – Companies sometimes are unable to tell the origin – No information for countries outside EU (customs) 6 Estimating re-exports (3) Comparison of import and export Value of exports ---------------------- < 2 Value of imports 7 Estimating re-exports (3) Comparison of import and export Value of exports ---------------------- < 2 Value of imports Else => re-exports => some exports from domestic production Comparison by – 6-digit HS-code – Company (preferable enterprise-group level) 8 Example (1) Time period imports exports Estimated re-exports X 9 Example (1) Time period X imports exports € 900 € 300 Estimated re-exports 10 Example (1) Time period X imports exports Estimated re-exports € 900 € 300 € 300 11 Example (2) Time period imports exports Estimated re-exports Y 12 Example (2) Time period Y imports exports €0 € 200 Estimated re-exports 13 Example (2) Time period Y imports exports Estimated re-exports €0 € 200 €0 14 Example (3) Time period imports exports Estimated re-exports Z 15 Example (3) Time period Z imports exports € 100 € 500 Estimated re-exports 16 Example (3) Time period Z imports exports Estimated re-exports € 100 € 500 € 40 17 Example (4) Time period imports exports Estimated re-exports April € 900 € 300 € 300 May €0 € 200 €0 June € 100 € 500 € 40 2nd quarter 18 Example (4) Time period imports exports Estimated re-exports April € 900 € 300 € 300 May €0 € 200 €0 June € 100 € 500 € 40 + + + € 1000 € 1000 € 340 (?) 2nd quarter 19 Enhancements of the model Enhancements: – Profiling of the largest companies – Knowlegde of production structure – Statistical procedure 20 Results Exported goods in 2005 Food, drink and tobacco Raw materials Mineral fuels, lubricants and related materials Chemical products Machinery and transportation equipment Other manufactured goods 0 10 20 30 40 50 60 70 80 90 100 (in billion euro) Exports from domestic production Re-exports 21 Results Destination of the exports in 2005 Germany Belgium France United Kingdom Rest of EU15 Rest of Europe United States China and Hong-Kong Rest of S.E. Asia Rest of the World 0 10 20 30 40 50 60 70 80 Billion Euro Domestic exports Re-exports 22 Results Origin of the re-exports in 2005 Germany Belgium France United Kingdom Rest of EU15 Rest of Europe United States China and Hong-Kong Rest of S.E. Asia Rest of the World 23 Questions ? 24