Republic of the Marshall Islands Sub-Regional Workshop on International Merchandise Trade Statistics Compilation and Export and Import Unit Value Indices (XM-UVI) 21-25 November 2016 Republic of the Marshall Islands
Are users in your country happy with the trade statistics you produce. Custom is not equipped with a software system Tax reforms Adopt HS by 2018 December OCO will be leading a project on 6 digits
Where is the trade data sourced from? Custom Office No supplement collection Challenges IMPORT CONTROL DATABASE
What is the coverage and scope of IMTS All import – for purpose of National Accounts and the Balance of Payments Re-exports – No because we do not have a warehouse to storage merchandise and no businesses involved in imports and exports Shuttle trade- Is not fully declared by custom yet however there is small activities but it is considered to be insignificant.
What are the processing/it system used by the nso and custom? No system learn towards Kiribati is using ASYCUDA Electronic copy
What classification (S) do you use for your trade statistics No classification use
How do you value your imports and exports Import C.i.f Export f.o.b – value of import not included freight
What procedure do you have in place to edit/clean the data? No legislation – were doing it our own Not required manual clean Decision to edit once HS adopted
What information is disseminated and how it is disseminated and what is the frequency of the dissemination Balance of Payments National Accounts
Do you construct trade indices NO Indices compiled with custom or EPPSO
Thank you