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New manuals 2014 Effects on trade in goods and services

New manuals 2014 Effects on trade in goods and services. Auður Ólína Svavarsdóttir Nordic meeting , Faroe Islands , 16-18 September 2014. Trade in goods. IMTS 2010 One major change :

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New manuals 2014 Effects on trade in goods and services

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  1. New manuals 2014Effectsontradeingoodsandservices Auður Ólína Svavarsdóttir Nordicmeeting, FaroeIslands, 16-18 September 2014

  2. Tradeingoods IMTS 2010 Onemajorchange: 1.32. Bunkers, stores, ballast and dunnagethat are acquired by national aircraft and vessels outside the economic territory of the compiling country … are in the scope of IMTS 2010 for imports and should be recorded where economically or environmentally significant. Purchaces of fuels outside IS has been collected in the trade in services questionnaire and previouslyincludedintradeinservices (!) Otherchangeshave less impact – includein September 2015

  3. Tradeingoods (cont.)

  4. Tradeinservices MSITS 2010 + FISIM + Manufacturing services on physical imputs owned by others -Merchanting - Fuels purchased abroad by domestic ships and aircrafts

  5. Tradeinservices (cont.)

  6. Tradeingoodsin BOP TradeingoodspublishedbyStatisticsIceland + Smuglery Goods for processing, nochangeinownership Returnedgoods Non-monetarygold = Generalmerhcandiseon a BOP basis

  7. Tradeingoodsin BOP (cont.) Goods = General merchandise on a BOP basis + Merchanting + Non monetary gold

  8. Tradeingoodsin BOP (cont.)

  9. Tradeingoodsin BOP (cont.)

  10. Tradeingoodsandservices

  11. Exports of goodsandservices, beforeandafter (billion ISK) .

  12. Balance of tradeingoodsandservices, beforeandafter (billion ISK) .

  13. Responsefromusers Economicforecastunit at the CB Quote: „Wearedevastated!“

  14. Thankyou! Questions?

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