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Standard International Trade Classification
Standard International Trade Classification (SITC) is a classification of goods used to classify the exports and imports of a country to enable comparing different countries and years. The classification system is maintained by the United Nations. The SITC classification, is currently at revision four, which was promulgated in 2006. The SITC is recommended only for analytical purposes – trade statistics are recommended to be collected and compiled in the Harmonized System The Harmonized Commodity Description and Coding System, also known as the Harmonized System (HS) of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. It came into effect in 1988 and ha ... instead. The following excerpt was taken from the United Nations Statistics Division, international trade statistics branch: "For compiling international trade statistics on all merchandise entering international trade, and to promote international comparabilit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations
The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and international security, security, to develop friendly Diplomacy, relations among State (polity), states, to promote international cooperation, and to serve as a centre for harmonizing the actions of states in achieving those goals. The United Nations headquarters is located in New York City, with several other offices located in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and The Hague. The UN comprises six principal organizations: the United Nations General Assembly, General Assembly, the United Nations Security Council, Security Council, the United Nations Economic and Social Council, Economic and Social Council, the International Court of Justice, the United Nations Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harmonized System
The Harmonized Commodity Description and Coding System, also known as the Harmonized System (HS) of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. It came into effect in 1988 and has since been developed and maintained by the World Customs Organization (WCO) (formerly the Customs Co-operation Council), an independent intergovernmental organization based in Brussels, Belgium. It is used by over 200 WCO member countries and economies as a basis for their Customs tariffs and for the collection of international trade statistics as well as many other purposes. Structure The HS is organized logically by economic activity or component material. For example, animals and animal products are found in one section of the HS, while machinery and mechanical appliances are found in another. The HS is organized into 21 Sections, which are subdivided into 96 Chapters (Chapters 1 to 97 with Chapter 77 reserved for potential future u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broad Economic Categories
{{unref, date=May 2018 The Broad Economic Categories (BEC) is a three-digit classification, which groups transportable goods according to their main end use. It is most often used for the general economic analysis of international merchandise trade data. The BEC system is defined in terms of the Standard International Trade Classification system. The original BEC was published in 1971, and revised in 1976, 1986 and most recently in 1988. The top level categories of the BEC are as follows: * BEC-1: Food and beverages * BEC-2: Industrial supplies not elsewhere specified * BEC-3: Fuels and lubricants * BEC-4: Capital goods (except transport equipment), and parts and accessories thereof * BEC-5: Transport equipment and parts and accessories thereof * BEC-6: Consumer goods not elsewhere specified * BEC-7: Goods not elsewhere specified In 2007 a fourth revision is under discussion, including a possible extension of the BEC to include tradable services. See also *Harmonized System *Standa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Combined Nomenclature
Council Regulation (EEC) No 2658/87 of 23 July 1987, creates the goods nomenclature called the Combined Nomenclature, or in abbreviated form 'CN', established to meet, at one and the same time, the requirements both of the Common Customs Tariff and of the external trade statistics of the European Union. It is closely related to the Harmonized Tariff Schedule of the United States. These categories are based on the international Harmonized System, the global system of nomenclature that is used to describe most world trade in goods, maintained by the World Customs Organization (WCO). Virtually all countries base their tariff schedules on the WCO's Harmonized System. Synopsis The codes and the descriptions of goods established on the basis of the combined nomenclature shall replace those established on the basis of the nomenclatures of the Common Customs Tariff and the Nimexe. It is established on the basis of the Harmonized System. The combined nomenclature shall comprise : (a) the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Taxonomy
An economic taxonomy is a system of classification of economic activity, including products, companies and industries. Some economists believe that the study of economic policy demands the use of a taxonomic/classificatory approach. Industry taxonomies Industry taxonomies include international, regional and national taxonomies and proprietary taxonomies. Official statistics taxonomies The international and national taxonomies are used by official statistical agencies. United Nations provide its International Standard Industrial Classification (ISIC) as a base for establishing regional taxonomies: * North America North American Industry Classification System (NAICS) ** United States Standard Industrial Classification (SIC) * Europe Statistical classification of economic activities in the European Community (NACE) ** United Kingdom Standard Industrial Classification of Economic Activities ** Russian Economic Activities Classification System (OKVED) Proprietary taxonomies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
