Friday, January 18, 2013
Tweet[IWS] OECD-WTO: TRADE IN VALUE ADDED INDICATORS DATABASE [16 January 2013]
IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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Organisation for Economic Cooperation and Development (OECD)
TRADE IN VALUE ADDED INDICATORS DATABASE
OECD-WTO: STATISTICS ON TRADE IN VALUED ADDED
http://www.oecd-ilibrary.org/trade/data/oecd-wto-statistics-on-trade-in-value-added_data-00648-en
DATA at
http://stats.oecd.org/BrandedView.aspx?oecd_bv_id=data-00648-en&doi=data-00648-en
or
http://stats.oecd.org/Index.aspx?DataSetCode=TIVA_OECD_WTO
Database content
The first release of OECD-WTO TiVA database presents indicators for 40 countries (all OECD countries, Brazil, China, India, Indonesia, Russian Federation and South Africa) covering the years 2005, 2008 and 2009 and broken down by 18 industries. Indicators in the database include:
· Decomposition of gross exports by industry into their domestic and foreign content.
· The services content of gross exports by exporting industry (broken down by foreign/domestic origin)
· Bilateral trade balances based on flows of value added embodied in domestic final demand
· Intermediate imports embodied in exports
Accessing the database
The OECD-WTO TiVA indicators are available from OECD’s online statistics service OECD.STAT and through WTO's portal at www.wto.org.
Industry and Globalisation: Measuring Trade in Value Added: An OECD-WTO joint initiative
Database content
The first release of OECD-WTO TiVA database presents indicators for 40 countries (all OECD countries, Brazil, China, India, Indonesia, Russian Federation and South Africa) covering the years 2005, 2008 and 2009 and broken down by 18 industries. Indicators in the database include:
· Decomposition of gross exports by industry into their domestic and foreign content.
· The services content of gross exports by exporting industry (broken down by foreign/domestic origin)
· Bilateral trade balances based on flows of value added embodied in domestic final demand
· Intermediate imports embodied in exports
Accessing the database
The OECD-WTO TiVA indicators are available from OECD’s online statistics service OECD.STAT and through WTO's portal at www.wto.org.
Sources and methods
Indicators of trade in value added are derived from the OECD Input-Output Tables, which were integrated into a global system in the course of 2012, using additional information on Bilateral Trade in goods by Industry and End-use (BTDIxE), International Trade in Services (TIS) and STAN industry databases.
· Frequently asked questions (FAQ)
· Statistical quality of TiVA indicators
Press Release 16 January 2013
New OECD-WTO analysis highlights changing face of global trade
http://www.oecd.org/newsroom/newoecd-wtoanalysishighlightschangingfaceofglobaltrade.htm
| 16/01/2013 - Business competitiveness and export performance are increasingly tied to countries’ integration into global production chains and a willingness to open markets to wider imports, according to preliminary international trade data released today by the OECD and the WTO. The joint OECD – WTO Trade in Value-Added Initiative breaks with conventional measurements of trade, which record gross flows of goods and services each time they cross borders. It seeks instead to analyse the value added by a country in the production of any good or service that is then exported, and offers a fuller picture of commercial relations between nations. “Countries’ capacity to sell to the world depends on their ability and readiness to buy from the rest of the world,” OECD Secretary General Angel Gurria said during the launch of the new database in Paris with WTO Director-General Pascal Lamy, EU Trade Commissioner Karel de Gucht and New Zealand Trade Minister Tim Groser. Read the full speech. |
“Our new work with the WTO allows us to see more clearly than ever before how blocking imports will damage a country’s own competitiveness. Trade negotiations have to catch up to these new realities, and countries need to implement policies that help their firms better manage their place in international value chains.”
The first release from the OECD-WTO database offers new insights on how global value chains impact trade relationships and business activity. Among the key findings are:
· China’s bilateral trade surplus with the United States shrinks by 25% on a value-added basis, reflecting the high level of foreign-sourced content in Chinese exports.
· One-third of the total value of motor vehicles exported from Germany actually comes from other countries, while nearly 40% of the total value of China’s electronics exports come from foreign sources.
· While conventional trade data suggests that services represent less than one-quarter of total trade, on a value-added basis services trade reaches an average 50% of OECD countries’ exports, and well above that in the United States, the United Kingdom, France, Germany and Italy – in large part because services add significant value to manufacturing output.
· Bilateral trade surpluses of major commodity exporters like Australia, Brazil and Canada with their key trading partners shrink on a value-added basis, as their raw materials are further processed by trading partners and then re-exported – highlighting where these countries might “move up” the value chain.
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