|
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 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 comparability of international trade statistics. The commodity groupings of SITC reflect (a) the materials used in production, (b) the processing stage, (c) market practices and uses of the products, (d) the importance of the commodities in terms of world trade, and ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations
The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations. It is the world's largest and most familiar international organization. The UN is headquarters of the United Nations, headquartered on extraterritoriality, international territory in New York City, and has other main offices in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and Peace Palace, The Hague (home to the International Court of Justice). The UN was established after World War II with Dumbarton Oaks Conference, the aim of preventing future world wars, succeeding the League of Nations, which was characterized as ineffective. On 25 April 1945, 50 governments met in San Francisco for United Nations Conference ... [...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, with over 200 member countries. 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 99 chapters. The 99 HS chapters are further subdivided into 1,244 headings and 5224 subheadings. Section and Chapter titles describe broad categories of goods, while headings and subheadings describe products in more detail. Genera ... [...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. 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 harmonized system nomenclature; (b) Community subdivisions to that nomenclature, referred to as 'CN subheadings' in those cases where a corresponding rate of duty is specified; (c) preliminary provisions, additional section or chapter notes and footnotes relating to CN subheadings. Each CN subheading shall have an eight digit code number : (a) the first six digits shall be t ... [...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] |
