G20 international merchandise trade contracts in second quarter of 2018
Statistics on the role of these different types of firms in Global Value Chains (GVCs) are essential to facilitate policy making and to provide insights in the nexus between international trade, international investment, and production. The OECD has therefore started a work-stream that extends the Trade in Value Added (TiVA) dataset by breaking down industries into new categories of firms, including SMEs and MNEs.
G20 international merchandise trade at new highs in first quarter of 2018
A prime objective of the OECD International Trade Statistics Programme is to compile core series on international merchandise trade that are comparable between countries, analytically useful, timely and available for the longest period possible.
Although services account for a growing share of international trade, in-depth (policy) analyses of global trade in services are often hampered by incomplete and asymmetric bilateral statistics. To mitigate these problems, the OECD and WTO, in collaboration with national statistical offices and central banks, have built a coherent and comprehensive global dataset of bilateral trade in services flows.
Robust growth in G20 international merchandise trade in fourth quarter of 2017
To properly understand global trade patterns we need high quality, consistent and harmonised statistics on international merchandise trade. Currently available statistics, however, fall short of this standard. In theory the exports of country A to country B should mirror the imports of country B from country A, but in practice this is rarely the case.
The OECD and the WTO have developed a transparent methodology to create a global dataset of coherent bilateral trade in services statistics by main services categories.
G20 merchandise trade growth accelerates to highest pace in six years
Evidence on the role played by investment in global value chains (GVCs) can assist policy work on GVCs, trade, investment and development. Drawing on new and improved measures of trade and investment, these country notes provide relevant statistical information from OECD databases on trade, investment, the activities of multinational enterprises and global value chains.