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TradStat Definitions

C - D - E - F - H - I - N - P - Q - R - S - T - V - Y - Terms of Delivery

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CBM:
Cubic measures

CBF:
Cubic feet

CIF:
*see Cost, Insurance, Freight

COD:
*see Country of Destination

COMBINED NOMENCLATURE:
The system of classifying products for trade purposes, used by all EU-member countries. It is an 8-digit code, the first 6 digits of which are based on the Harmonised System

COMCODE:
Commodity code,
*see Product code

COMMODITY CODE:
*see Product code

COO:
*see Country of Origin

COST, INSURANCE, FREIGHT:
A method of calculating the value of traded goods. CIF is normally applied to imports (see also FOB for export values)
*see also Cost, Insurance Freight, (TradStat Definitions: Terms of Delivery)

COUNTRY OF DESTINATION:
The trading country to which goods are to be exported

COUNTRY OF ORIGIN:
The trading country from which the goods originated, not the last country of consignment

COUNTRY WHENCE CONSIGNED:
The trading country from which the goods were last consigned, not the country from which they originated

C&F:
*see Cost and Freight (TradStat Definitions: Terms of Delivery)

CWC:
*see Country Whence Consigned

CUSTOMS CODE:
*see Product code

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DELIVERY DUTY PAID:
*see Delivery Duty Paid (TradStat Definitions: Terms of Delivery)

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EXPORT VALUES:
*see Value--Exports

EXPORTS:
*see Trade--Exports

EX-WORKS:
(i.e., the cost of the goods, not including any insurance or transport costs): a method of calculating the value of traded goods. Rarely used for trade statistics purposes. Ex-works is normally applied to exports.
*see also Ex-works (TradStat Definitions: Terms of Delivery)

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FAS:
*see Free Alongside Ship

FOB:
*see Free on Board

FOB Airport:
*see FOB Airport (TradStat Definitions: Terms of Delivery)

FOR:
*see Free on Rail (TradStat Definitions: Terms of Delivery)

FOT:
*see Free on Rail, Free on Truck (TradStat Definitions: Terms of Delivery)

FRC:
*see Free Carrier (TradStat Definitions: Terms of Delivery)

FREE ALONGSIDE SHIP:
A method of calculating the value of trade goods. Rarely used for trade statistics purposes. FAS is normally applied to exports.
*see also Free Alongside Ship (TradStat Definitions: Terms of Delivery)

FREE ON BOARD:
(i.e., the cost of the goods, including the costs of loading, but not including insurance and ongoing freight charges): a method of calculating the value of traded goods. FOB is normally applied to exports.
*see also Free on Board (TradStat Definitions: Terms of Delivery)

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HARMONISED SYSTEM:
A system of classifying products for trade purposes developed by the Customs Cooperation Council (CCC) in Brussels and its 150 members countries. Individual countries use their own national classifications but the first 6 digits are standard (or 'harmonised') across all countries using the system. The first countries introduced the system in 1988 and it is now used by over 50 countries (including TradStat reporting countries)

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IMPORT VALUES:
*see Value--Import Values

IMPORTS:
*see Trade--Imports

IMPORT/EXPORT REPORT:
Give both imports and exports in the same report. This report is best suited to one time period (i.e., one month or one year)

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NESOI:
Not elsewhere specified or indicated. Only used by U.S. Customs. Others use NES.

NIMEXE:
A former system of classifying products, used by EU-member countries to record trade. Valid until the end of 1987. A 6-digit classification, the first four digits of which were based on the Customs Common Council Nomenclature (CCCN). Replaced in 1988 by the Harmonised System.

NOT DETERMINED:
An umbrella term for classifying trade that is not clear. For example, the country being exported to is unknown so the trade listed is 'not determined.'

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PRICE:
The average unit price. TradStat calculates the price by dividing the value by the quantity. The price is defined as the price per quantity unit (e.g., the price per kilo/litre)

PRIMARY UNIT:
The main unit of quantity used to record trade. For the majority of countries, the primary unit is consistently reported by weight.
*see also Supplementary Units

PRODUCT CODE:
Code used by customs' authorities to classify the imports and/or exports of a traded product or commodity. The product code used to represent a product may vary from country to country.

PVOC:
A dictionary-type database containing the product codes and descriptions for each classification. Available on DataStar.

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QUANTITY;
The total quantity of trade recorded for a given trading period (monthly or year-to-date)
*see also Primary and Supplementary Units.

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REPORT, IMPORT/EXPORT:
*see Import/Export Report

REPORT, TREND:
*see Trend Report

RE-EXPORTS:
Goods that have been imported, and then re-exported to the final country of destination, as is the case for much of Hong Kong's trade.

RE-IMPORTS:
Goods that are re-imported to the country of export (for example, in cases where goods are returned to the exporter before reading their destination)

REPORTING COUNTRY:
A country that reports its trade to TradStat

REPORTING MONTH:
The month in which trade took place

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SCHEDULE B (USA):
A former system of classifying exports, used by the United States. Valid until the end of 1988. A 7-digit classification.

SECONDARY UNIT:
*see Supplementary Units

STORES & PROVISIONS:
The goods have been exported to a ship, usually for use on that vessel.

SUB-DIVISION, NATIONAL:
The extra digit(s) added to a product code from the EU classification to create a national code. At the national level, the extra digits used by one EU-Member country for a product are not necessarily the same as that used by another country. No longer valid from January 1996.

SUPPLEMENTARY UNITS:
Additional units of quantity (e.g., litres, pairs, square metres, etc.) for which trade may be recorded. A secondary unit may be reported, if appropriate.
*see also Primary Unit.

SUPPRESS ALL:
All trading partners have been suppressed and the quantity and value shown represents total trade

SUPPRESS NON-EC:
The trading partner details from outside the European Union only have been suppressed. The quantity and value shown represents non-EU trade.

SUPPRESS EC:
The trading partners from within the European Union only have been suppressed. The quantity and value shown represent trade within the EU.

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TARIC:
The Integrated Tariff of the Community -- An acronym for Tarif Integre des Communautes Europeennes. Relates to the duties payable on products from the Combined Nomenclature.

TARIFF CODE:
*see Product Code

TARIFF SCHEDULE A (USA):
A former system of classifying imports, used by the United States. Valid until the end of 1988. A 7-digit classification.